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Nike, Inc. has been accused of using sweatshops and worker abuse to produce footwear and apparel in East Asia. After rising prices and the increasing cost of labor in Korean and Taiwanese factories, Nike began contracting in countries elsewhere in Asia, which includes parts of India, Pakistan, and Indonesia.
The shift to manufacturing primarily in Asia was largely driven by major brands looking to reduce their manufacturing costs. For instance, Nike moved its manufacturing to China in the early 1980s.
Nike, Inc. [note 1] (stylized as NIKE) is an American athletic footwear and apparel corporation headquartered near Beaverton, Oregon, United States. [6] It is the world's largest supplier of athletic shoes and apparel and a major manufacturer of sports equipment, with revenue in excess of US$46 billion in its fiscal year 2022.
This is a complete list of multinational corporations, also known as multinational companies in worldwide or global enterprises. These are corporate organizations that own or control production of goods or services in two or more countries other than their home countries.
Nike Inc.’s continued outperformance in some regions is helping the athletic apparel and accessories giant win the activewear games. The Beaverton, Ore.-based firm, which includes the Jordan and ...
The inaugural Southeast Asia 500 looks a lot like the first version of the Fortune 500 from 1955: ... and vacuum cleaners, from more than 100 manufacturing facilities in 30 countries. Though ...
Shenzhou International Group Holdings Limited is a Chinese clothing manufacturer. [1] [2] With over 97,000 employees, it produces more than 250,000 metric tons of fabric and 550 million garments annually.
But Southeast Asia is an attractive market in its own right. The region’s GDP grew more than 56% to nearly $4 trillion between 2015 to 2023, according to the International Monetary Fund.