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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.
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.
Nike SPARQ" was the name used under a marketing relationship between Nike and SPARQ, under which Nike sold a line of cross training footwear, apparel and equipment in the USA. [ 2 ] SPARQ's headquarters was in Portland, Oregon , with a distribution center in Oconomowoc, Wisconsin, until its sale to Nike in 2009 (Nike kept the distribution ...
Nike’s DTC and digital businesses took off, driving the stock price to its November 2021 historic peak. It wasn’t so long ago, in fact, that Nike was considered one of the corporate world’s ...
Nike’s not flying high right now – sales are down and competitors are stealing market share. Plus, the company is trying to slash $2 billion in costs over the next few years, according to Reuters.
On October 10, 2019, Nike announced that they would be closing down the Nike Oregon project. The CEO of Nike, Mark Parker, reported that the situation surrounding the actions of Alberto Salazar were distracting for the athletes and compromising their ability to focus on their training and competition needs. The current runners involved in the ...
Nike has a new return-to-office strategy: telling employees to “just do it.” The sportswear brand recently announced that it is moving the needle on its in-office mandate from three to four ...
The headquarters for Nike is located on Bowerman Drive in homage to the company's co-founder. Also in his honor, the company created the "Bowerman Series" of performance running shoes, designed to provide longer-lasting, more training-focused products to compete with such running brands as Asics and Saucony.