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In becoming a well-respected sports
industry analyst at market research firm NPD Group—"I get to talk about
sneakers all day and people send me checks," he says—Powell has also
become something else: the best-credentialed Yeezy hater
in the sneaker world. He's worked in the fashion industry for 44 years,
starting at a department store after he graduated college in 1973. He
worked for the short-lived MVP.com,
the sporting goods retailer that was started by John Elway, Michael
Jordan, and Wayne Gretzky in the late '90s. He launched his own research
firm in 2000, and joined NPD as an analyst three years ago. He has a
treasure trove of retail data at his fingertips and is a key resource
for brands and editors alike: NPD gets numbers from a large network of
retailers, so the analysts know better than basically anyone outside the
actual brands how different shoes and companies are performing.
Highsnobiety's editorial director Jian DeLeon calls Powell a "go-to
resource" for gauging the health of a sneaker company's business;
Hypebeast editor Ben Roazen agrees that the analyst is "essential
reading for fashion and sneaker writers, especially." Roazen calls him
an "elder statesman."
His
data-driven analysis is delivered in a deep, gruff voice that buttresses
his no-nonsense approach. He typically emails me back within 10 minutes
with messages that could fit into a tweet. The only time I got an
exclamation point out of him was when I asked him to do this story.
"Sure!" He's a 66-year-old man—something that doesn't escape his
followers—analyzing an industry most fervently followed by fans we
describe as a compound of "boys" and a four-letter word. Reading his
Twitter timeline is a lot like watching an Uncle Drew commercial.
Powell
says he can't be specific about the exact brands he provides analysis
for—on trends, categories that are growing and shrinking, and how
millennials are shopping—but he's quick to assure me it's "all the
major" ones. (It's safe to assume this includes brands like Nike,
adidas, Under Armour, and Puma, among others.) His time is divided
between looking at data—Powell gets access to sales broken down by the
week on every broadly distributed sneaker—and talking to people. He hops
on the phone with employees at sneaker companies who want to pick his
brain about the business, jets off to give presentations to retailers
and brands both in and out of the sportswear world, and visits stores.
But while he's no doubt well-respected within his industry, he might be
best known for his Twitter account—and more specifically, for the way he
uses it to dump cold water on red-hot Kanye West hype.
Powell
majored in sociology in college and that remains the most interesting
aspect of the business to him. He says he spends a lot of time preparing
brands for the shift from boomers to millennials and Gen Z. He writes about
how Hispanics shopping habits are wreaking havoc on the industry. "I've
always been interested in what makes groups do what they do," says
Powell. This now includes the younger cohort who hoover up Kanye's every
move. Kanye's Yeezys are quite possibly the most hyped sneakers ever,
and Powell steadfastly preaches what most millennials don't—or
won't—understand: Your mentions are pretty much worthless.
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