Nike Debuts the Moon Shoe OG in a Regal “Malachite” Colorway

The latest iteration is set to drop this 2026.

Name: Nike Moon Shoe OG “Malachite”
Colorway: Malachite/Soft Pearl/Gum Light Brown
SKU: IW0955-300
MSRP: $105 USD
Release Date: TBC

Nike is bringing back the Moon Shoe OG in a “Malachite/Soft Pearl/Gum Light Brown” colorway, reportedly priced at $105 USD. The drop marks another chapter in Nike’s ongoing effort to keep its oldest and most foundational silhouette in active rotation.

The colorway does the shoe justice. Malachite — a deep, mineral green with genuine visual weight — leads the upper, set against Soft Pearl accents that keep the palette from tipping into anything too aggressive. A Gum Light Brown outsole closes things out, grounding the build in the kind of natural warmth that makes the Moon Shoe read as timeless rather than retro. It is a combination that feels considered without being overwrought, which is exactly the register this silhouette earns.

The construction centers on the waffle sole, the detail that defines the Moon Shoe entirely. When Nike co-founder Bill Bowerman poured rubber into a household waffle iron in 1971, the result was a latticed outsole that changed how running shoes were built. The Moon Shoe, introduced in 1972, was the first Nike model to carry that innovation — and the name came directly from the field: the grid pattern left crater-like impressions in soft surfaces, earning the silhouette a name that stuck for over five decades. The current OG iteration applies modern manufacturing to that original architecture, updating the build for contemporary wear while keeping the waffle pattern and silhouette shape intact.

At $105 USD, the Moon Shoe OG sits at a price point that reflects its heritage without pricing out the collectors and runners who made it matter in the first place. For a shoe that predates the Air Max, the Dunk, and nearly every other Nike silhouette in active cultural circulation, that accessibility is part of the appeal. It’s Nike’s origin story, still in production.