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Bloomberg Businessweek

Derek Jeter on Investing in Greatness

Sep 13, 2024
Derek Jeter, a Hall of Fame shortstop for the New York Yankees, teams up with Chris Riccobono, founder of UNTUCKit, to launch their new athletic clothing line, "Greatness Wins." They share insights on the booming sportswear market and their initial doubts about entering the apparel industry. The duo emphasizes passion and collaboration as key to success, discussing how their partnership mirrors a winning sports team. They also touch on business growth strategies and the challenges of finding a niche in a competitive landscape.
12:34

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Quick takeaways

  • Derek Jeter and Chris Riccobono's collaboration on Greatness Wins exemplifies how passion and persistence can successfully address market gaps in athletic apparel.
  • The brand's focus on high-quality, durable athletic clothing aims to enhance customer satisfaction and loyalty, targeting both athletes and casual wearers.

Deep dives

Formation of Greatness Wins

The partnership between Chris Riccobono, founder of Untuckit, and Derek Jeter, Hall of Fame shortstop, evolved during the pandemic when Chris sought to address a gap in the athletic apparel market. Initially hesitant, Jeter engaged with Riccobono after consistent outreach and saw potential in the vision for a brand focusing on athletic performance without compromising modern fit. The combination of Riccobono’s expertise in apparel and Jeter’s experience with athletic brands fueled the launch of Greatness Wins, showcasing how persistence and a shared vision can lead to successful collaborations. As Jeter decided to back the project, they merged their separate insights to create an innovative product line that promises to resonate with both athletes and casual wearers alike.

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