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AND1 is an American basketball apparel and footwear brand specializing in streetball-inspired products, founded on August 13, 1993, in Paoli, Pennsylvania, by Seth Berger, Tom Austin, and Jay Coen Gilbert as a graduate school project at the Wharton School of the University of Pennsylvania.[1] The company began by selling t-shirts printed with bold basketball phrases like "You don't know" from the playground taunt, quickly gaining traction in urban basketball communities through its authentic connection to streetball culture.[1] By the late 1990s, AND1 had expanded into performance basketball shoes and clothing, emphasizing innovative designs and endorsements from streetball legends, which propelled it to peak annual revenues of approximately $250 million in the early 2000s.[2]
A defining element of AND1's rise was the AND1 Mixtape Tour, launched in 2002, which featured highlight-reel VHS tapes and later DVDs showcasing extraordinary streetball skills by players such as Rafer "Skip to My Lou" Alston, Philip "Hot Sauce" Champion, and Grayson "The Professor" Boucher, turning the brand into a cultural phenomenon that bridged playground basketball with mainstream hip-hop and sports entertainment.[3] The tour's traveling exhibitions, starting as informal summer events and evolving into sold-out arena shows, popularized crossover dribbles, no-look passes, and trash-talking flair, influencing a generation of players and fans while boosting AND1's visibility through viral marketing before social media dominance.[4] Iconic products like the AND1 Mad Game and Tai Chi shoe models became staples for their lightweight construction and court grip, worn by both amateur ballers and NBA talents.[5]
Following its sale by the founders in 2005 to American Sporting Goods for an undisclosed sum, AND1 underwent several ownership changes, including acquisition by Sequential Brands Group in 2014 and subsequent purchase by Galaxy Universal—a Gainline Capital Partners portfolio company—in 2021 for approximately $330 million (including $30 million in cash and a $300 million promissory note) as part of a bundle including other activewear brands.[6][7] Under current ownership, the brand has revitalized its focus on nostalgia-driven releases, collaborations, and direct-to-consumer sales via its website, while maintaining a commitment to affordable, high-performance basketball gear amid a competitive market led by giants like Nike and Adidas.[6] Despite challenges from corporate shifts and declining tour prominence post-2010, AND1 endures as a symbol of streetball's rebellious spirit, with annual revenues estimated at about $140 million as of 2022.[8]
