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Nike goes back to the future and unveils its first self-lacing sneaker

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An image of the Nike HyperAdapt 1.0 is projected on a screen as Nike CEO Mark Parker speaks during a news conference, on Wednesday in New York. Photo: AP
Associated Press

Forget about slipping out shoes because of loose laces or feeling pressure from too-tight tying when doing those sprints.

Nike Inc has unveiled its first power-lacing sneaker — it allows users to make the fit looser or snugger on the fly by pressing buttons on the side of the shoe, with the tightening mechanism contained in the sole.

The sneaker is reminiscent of the self-tightening Nike sneakers worn in Back To The Future 2, by Michael J. Fox’s character, Marty McFly.

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The world’s largest sportswear brand, based in Beaverton, Oregon, unveiled the sneaker along with a host of other innovations Wednesday at a media event in New York.

WATCH: Nike’s power-lacing HyperAdapt sneaker

The innovations come as Nike is digging deeper into personalised products and services, while focusing on reaching a goal of posting $50 billion in annual revenue by the end of its fiscal 2020 year. It reported US$30.6 billion in revenue for its latest fiscal year that ended in May.

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