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Nike wins Advertiser of the Year at the Cannes Advertising Festival. Nike enters the ice hockey market after acquiring Canstar, the parent company of hockey equipment manufacturer Bauer Hockey. Nike had only made hockey jerseys, specifically those of the Edmonton Oilers at the height of Wayne Gretzky-mania, but now began to make all equipment.
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.
The dawn of a new and sportier Nike is imminent, the sportswear giant's new leader says. Nike CEO Elliott Hill, who took the helm in October, outlined plans to revamp the sneaker giant in a ...
Nike is an interesting example of a premium brand that appeals to many demographics. In general that's a benefit, because fans are willing to pay for its products even if they're not affluent. But ...
Philip Hampson Knight (born February 24, 1938) is an American billionaire businessman and philanthropist who is the co-founder and chairman emeritus of Nike, Inc., a global sports equipment and apparel company.
Nike is taking a step in the right direction under new CEO Elliott Hill.The footwear brand posted its fiscal second quarter earnings on Thursday after market close. Its revenue of $12.35 billion ...
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.
Nike's stock shot up after the news broke that Hill would replace John Donahoe as CEO. Hill is a familiar face at Nike, having held multiple roles at the company.