There are a lot of colorways of the Nike Dunk Low that feature only two colours. The 'Panda' colorway also uses this technique. Except for the tongue, the low model's upper is entirely made of leather. Textile makes up the tongue.

The colorway is inspired by the colours of a panda bear, as its name suggests. White is used on the tongue, side, and collar. Overlays, heel tabs, Swooshes, and laces are all black. In order to complete the colour scheme, Nike made the midsole white and the outsole black. Sneakers from the American sports brand often come in the 'Panda' colorway.