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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.
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 birth cycle of a Nike product line, from conception to store shelf, is about 18 months, so Hill’s fingerprints on the shoe lineup won’t really begin to emerge until 2026.
The first Nike store opens in downtown Portland. Nike opens its world headquarters in unincorporated Washington County, just west of Portland, on 74 acres (0.3 km 2) of land. 1993 Nike introduces Reuse-A-Shoe, which collects athletic shoes, Nike wins Advertiser of the Year at the Cannes Advertising Festival.
Our shoe experts love the Hoka Bondi 8, which provide ample cushioning and a wide toe box, making them ideal for long days on your feet. During Black Friday, they're more than $30 off. $132 at Hoka
Shop Nike Presidents' Day deals 2024 and take up to 40% off editor-tested running shoes. The Pegasus 40, Winflo 10, and more are on sale for a limited time.