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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. [1][2] It sub-contracted factories ...
Nike, Inc.[ note 1 ] (stylized as NIKE) is an American athletic footwear and apparel corporation headquartered near Beaverton, Oregon, United States. [ 5 ] 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. [ 6 ][ 7 ]
Sports kit manufacturers Manufacturer Country Founded Founder(s) Key people Products Headquarters Total assets Website Adidas: Germany: 18 August 1949
David Swartz, Morningstar Research Equity Analyst, joins Yahoo Finance Live to breakdown Nike's latest financial results, supply chain challenges and the company's move to cut revenue forecasts.
Nike Inc. continues to make gains across the portfolio, even as supply-chain issues loom. The Beaverton, Ore.-based athletic apparel and accessories firm, which includes the Jordan and Converse ...
Nike posted Q2 EPS of .83 and revenue of $11.36 billion, marginally exceeding expectations amidst supply chain issues. Nike posts $11.36 billion in Q2 earnings, beats estimates amid COVID-era ...
Global Value Chains and Development: Redefining the Contours of 21st Century Capitalism is a 2018 book by American economic sociologist and academic Gary Gereffi published by Cambridge University Press and part of their Development Trajectories in Global Value Chains series.[ 1] The book discusses the Global Value Chains (GVC) framework ...
In 2009, Nike set up a model factory in Sri Lanka and sent managers there from all over the world. Since any change in operations can make suppliers less productive at first, the company signed long-term agreements with factories, pledging to stick with them as they learned how to meet deadlines using better methods and safer equipment rather ...