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Nike, Inc. [note 1] (stylized as NIKE) is an American athletic footwear and apparel corporation headquartered near Beaverton, Oregon. [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.
Sports kit manufacturers Manufacturer Country Founded Founder(s) Key people Products Headquarters Total assets Website Adidas: Germany: 18 August 1949 Adolf Dassler [1] Igor Landau, Chairman Bjørn Gulden, CEO Sportswear, sports equipment, toiletries, clothing & accessories: Herzogenaurach, Germany: €5.489 billion (2012) www.adidas-group.com ...
The Nike Swoosh logo, And Reebok - Adidas which is featured on every NBA team's jersey. Beginning with the 2017–18 NBA season, Nike Inc. became the uniform and apparel maker for the National Basketball Association (NBA). The Nike swoosh appeared on the front right shoulder of player uniforms for the first time in league history.
Changshin Vietnam, a South Korean shoemaker, became the second major Nike supplier to suspend production in Vietnam as it shut three of its factories near Ho Chi Minh City on Thursday due to a ...
However, in May 2018, it was reported that Under Armour would be backing out of the deal with MLB, in order to save the company around $50 million. Nike would instead become the on-field uniform supplier of the league. [24] MLB's deal with Nike became official on January 25, 2019. [25]
As COVID-19 continues to rapidly spread throughout the world, two Vietnam-based suppliers for Nike have been forced to close amid an outbreak in the region.
He offers an educational workshops called "Beyond the Swoosh" where he shares his experiences living with Nike's factory workers and his decade long effort to end sweatshop abuses. [3] After a decade of activism, Indonesian Nike supplier PT Nikomas Gemiland repaid 4437 production workers for 600,000 hours of forced unpaid labor. [4]
Nike's operating margin is currently about 12%, and there's nothing wrong with that. But this is about what investors should expect -- not much has changed in over a decade. In contrast, Crocs ...