Word has leaked that Jordan Brand are due to cease production of the iconic Air Jordan III sneaker – for the time being at least. Jordan Brand VP of Footwear David Schechter announced the decision at a Jordan event in NYC, stating “The Air Jordan 3 is going back in the vault. The last color just dropped”, referring to the Sport Blue III which released on August 16. It is the latest in the series of shake-ups from Jordan Brand, having previously announced the launch of the “Remastered” line of improved, authentic retro sneakers, in light of MJ’s disappointment in the production quality of his brand.