How Much Would You Pay To Never Tie Your Shoes Again?

The sneakers feature what Nike calls "adaptive lacing" technology, which can automatically tweak the snugness of the shoe.
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It's go time for one of Nike's (NKE) - Get Report most innovative sneakers ever and time to say goodbye to tripping over your shoelaces. Nike first showed off its Hyperadapt sneakers in March. The sneakers feature what Nike calls "adaptive lacing" technology, which can automatically tweak the snugness of the shoe. There are two buttons on the side to tighten and loosen the laces. They obviously have to be charged, which is done via a wireless charging puck. A blue light on the sole of the shoe indicates a full charge, a yellow light warns a user the battery is dying and red is basically panic mode for sneakerheads. Slowing sales growth for Nike has been fueled by sluggish demand for its basketball sneakers in the face of greater competition from the Under Armour (UA) - Get Report Stephen Curry basketball brand and new fashion offerings from Adidas (ADDYY)