[36] In 2003, Nike paid US$309 million to acquire sneaker company Converse. [175], Phil Knight has invested substantial personal funds towards developing and maintaining the university's athletic apparatus. At the same time, the company's online sales grew by 36% during Q1 of 2020. Its athletic footwear products are designed primarily for specific athletic use, although a large percentage of the products are worn for casual or leisure purposes. [7] Nike ranked No. Phil Knight is Chairman Emeritus of NIKE, Inc. Mr. Knight is a co-founder of the company, leading Nike from a small partnership founded on a handshake to the world’s largest footwear, apparel and equipment company. History:- • Nike is an American multinational corporation that is engaged in the Design, Development, Manufacturing and Worldwide Marketing and Sales of:- Footwear Apparel Equipment Accessories and Services 19 February 2017 Nisha.v.Mirpuri(15018) 3 4. It was the first decrease in six years. It offers various categories of shoes including running, training, basketball, soccer, sport-inspired urban shoes, and kids' shoes. But I saw Bowerman made them from the waffle iron, and they were mine". Prefontaine was the prized pupil of the company's co-founder, Bill Bowerman, while he coached at the University of Oregon. Corporate Governance … Nike Targets for 2020. Nike, Inc.is an American global corporation that deals mainly with the designing, development, manufacturing, and worldwide marketing and sales of footwear, apparel, equipment, accessories, and services. Nike It’s hard to imagine Nike, the world’s largest athletic apparel maker, without Mark Parker, the quietly charismatic, running-obsessed athlete-turned-footwear-designer-turned CEO. [12] The company initially operated in Eugene, Oregon as a distributor for Japanese shoe maker Onitsuka Tiger, making most sales at track meets out of Knight's automobile. NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide. Nike, originally known as Blue Ribbon Sports (BRS), was founded by University of Oregon track athlete Phil Knight and his coach, Bill Bowerman, on January 25, 1964. A love of sport unites us. We get kids active, because the kids who move become movers and shakers. Arrow Next Sources for this criticism include Naomi Klein's book No Logo and Michael Moore documentaries. "What we don't need is a major corporation like Nike, which tries to appeal to the younger generation, out there giving credence to the drug issue," Menino told The Boston Herald. Nike is headquartered close Beaverton, Oregon, in the Portland metropolitan territory. [59] The composition of the sole contains a foamy material, Pebax, that Nike has altered and now calls it ZoomX (which can be found in other Nike products as well). [156] Nike still has many of the top teams playing in their uniforms, including: FC Barcelona, Paris Saint-Germain and Liverpool (the latter from the 2020–21 season),[157] and the national teams of Brazil, France, England, Portugal and the Netherlands among many others. NIKE, Inc. is engaged in the design, development, marketing and selling of athletic footwear, apparel, equipment, accessories and services. Their first products were track running shoes. We believe in a fair, sustainable future—one where everyone thrives on a healthy planet and level playing field. How our product is made matters. [131] This program is Nike's longest-running program that benefits both the environment and the community by collecting old athletic shoes of any type in order to process and recycle them. [89], Nike's world headquarters are surrounded by the city of Beaverton but are within unincorporated Washington County. Bill Bowerman made the first pair of shoes for me. We team up with local partners to harness the power of sport, level playing fields and help people unleash their potential. The Nike brand valuation has featured in 29 brand rankings, including the strongest and most valuable Apparel brands, the biggest US brands and the best Global brands. [5] In 2020 the brand alone was valued in excess of $32 billion, making it the most valuable brand among sports businesses. At NIKE, Inc., we believe in pursuing greatness everywhere: on the field, on the court, on the beach and on the street. For other uses of the name "Nike", see, This list includes companies that produce sports equipment. October 15, 2000", More than ten thousand workers stage strike at massive Dongguan shoe factory, Yue Yuen shoe factory workers' strike at Dongguan plants continues, Yue Yuen strikers vow to continue until benefit contribution deficit paid in full, 'Paradise papers' expose tax evasion schemes of the global elite, "Offshore Trove Exposes Trump-Russia Links And Piggy Banks Of The Wealthiest 1 Percent", International Consortium of Investigative Journalists, "How NikeStays One Step Ahead of the Regulators: When One Tax Loophole Closes, Another Opens", "Nike Falls as Critics Fume on Social Media Over Kaepernick Deal", "Colin Kaepernick Named Face of Nike's 30th Anniversary of 'Just Do It' Campaign", "People Are Already Burning Their Nikes in Response to the Colin Kaepernick Ad", "People are destroying their Nike shoes and socks to protest Nike's Colin Kaepernick ad campaign", "The National Black Police Association Is In Full Support Of Nike's Colin Kaepernick Ad", "LeBron 'Stands with Nike' in Support of Colin Kaepernick's Campaign", "Serena Williams supports Nike's decision to endorse Colin Kaepernick", "College of the Ozarks drops Nike, will 'choose country over company, "Nike Orders Rose in Four-Day Period After Kaepernick Ad Debut", "Nike hit by conservative backlash over 'racist trainer, "Nike Nixes 'Betsy Ross Flag' Shoe After Kaepernick Intervenes", "Nike pulls Fourth of July trainers after Colin Kaepernick 'raises concerns, "Nike 'pulls Betsy Ross flag trainer after Kaepernick complaint, "Nike Pulls 'Betsy Ross Flag' Sneakers After Kaepernick Complaint", "Nike fans the flames of the culture war", "Pence backs Hong Kong protests in China speech, slams NBA and Nike", "Vice President Mike Pence says 'NBA is acting like a wholly owned subsidiary' of China's Communist Party, also blasts Nike", "World Athletics modifies rules governing competition shoes for elite athletes", "Nike's Vaporfly shoes changed running, and the track and field world is still sifting through the fallout", "Health Survey of Workers Exposed to Mixed Solvent and Ergonomic Hazards in Footwear and Equipment Factory Workers in Thailand", "W+K Finds Its First Ads Ever, for Nike, on Dusty Old Tapes", "Nike's Knight Is Advertiser of the Year", "The Media Business – Advertising – Addenda – Nike Spot Wins An Emmy Award", "A Nike Poster Upsets Fans of the Punk Rock Band Minor Threat in a Major Way", "Nike courts controversy, publicity with drug-themed skater shirts", "Nike Inc. (NYSE:NKE) Facing Slogan Backlash", "The Hornets will be the only NBA team to have jerseys licensed by Jumpman", "Fire on the Track - The Steve Prefontaine Story - Part 1", "23 years later, Air Jordans maintain mystique", "Joe Paterno's Name Removed From Child Development Center at Nike Headquarters", "Jogadores de Futebol Patrocinados pela Nike", "Nike offers further backing for Asian soccer", "Premier League: Sportswear giants Nike to end Manchester United sponsorship", "Manchester United sign record 10-year kit deal with Adidas worth £750m", "LFC announces multi-year partnership with Nike as official kit supplier from 2020-21", https://news.nike.com/news/the-history-of-nike-tennis, "Nike welcomes Tiger Woods back to the Masters with ad featuring his greatest hits", "Rory McIlroy, Nike and the $250m, 10-year sponsorship deal", "Sources: NBA, Nike have near-$1B apparel deal", "Nike Zoom Kobe 4 Protro 'White/Del Sol' POP Returns May 24 On SNKRS", "Vince Carter Nike Shox BB4 Raptors PE | SneakerNews.com", "The story behind Paul George's signature sneaker", "Nike stocks fall after basketball prodigy touted as the 'next LeBron James' blows out his sneaker", "Oregon Ducks add orange to their Nike uniform repertoire for Colorado game", "The Big Ten and Pac-12 postponed the college football season. Incremental change won’t get us to where we want to go fast enough. We do that by creating groundbreaking sport innovations, by making our products more sustainably, by building a creative and diverse global team and by making a positive impact in communities where we live and work. Nike employs more than 44,000 people and its brand alone is valued at nearly $10 billion. [174], More recently, the corporation donated $13.5 million towards the renovation and expansion of Hayward Field. [85], Nike have introduced a premium line, focused more on streetwear than sports wear called NikeLab. Its profits were not declared in Europe and came to light only because of a mostly unrelated case in US Tax Court, where papers filed by Nike briefly mention royalties in 2010, 2011 and 2012 totaling $3.86 billion. See the company profile for Nike, Inc. (NKE), including business summary, industry/sector information, number of employees, corporate governance, key executives and salary information. [125] These updates came in response to criticisms concerning technology in the Nike Vaporfly running shoes, which had been submitted beginning around 2017–2018. In the United States, Nike products are sold through about 22,000 retail accounts; worldwi de, the company's products are sold in more than 160 countries. [42] As of 2020, Nike owns only one subsidiary: Converse Inc. Communities are where change happens. [118][119][120], Nike's decision to withdraw the product drew criticism from Arizona's Republican Governor, Doug Ducey, and Texas's Republican Senator Ted Cruz. [126] These criticisms stated that the shoes provided athletes with an unfair advantage over their opponents and some critics considered it to be a form of mechanical doping. [155] Since the start of the 2015–16 season, Adidas has manufactured Manchester United's kit as part of a world-record 10-year deal worth a minimum of £750 million. Pebax foam can also be found in airplane insulation and is "squishier, bouncier, and lighter" than foams in typical running shoes. Traceability and Risk A… Previous: 84Next: 86. Based in Beaverton, Oregon, NIKE, Inc. includes the Nike, Converse, and Jordan brands. [68], By the 1990s and 2000s, American and European teenagers[69] associated with the preppy[70] or popular clique[71] began combining these sneakers,[72] leggings, sweatpants, crop tops,[73] and tracksuits with regular casual chic[74] street clothes[75] such as jeans, skirts, leg warmers, slouch socks, and bomber jackets. [174], In 2012, Nike is listed as a partner of the (PRODUCT)RED campaign together with other brands such as Girl, American Express, and Converse. Sports, Kaepernick and Nike agreed to a new contract despite the fact Kaepernick has been with the company since 2011 and said that "interest from other shoe companies" played a part in the new agreement. Nike sells an assortment of products, including shoes and apparel for sports activities like association football,[51] basketball, running, combat sports, tennis, American football, athletics, golf, and cross training for men, women, and children. By the end of 1980, Nike completed its IPO and became a publicly traded company. [65] Limited edition sneakers and prototypes with a regional early release were known as Quickstrikes,[66] and became highly desirable items[67] for teenage members of the sneakerhead subculture. All. The company offers NIKE brand products in six categories, including running, NIKE basketball, the Jordan brand, football, training, and sportswear. [97], As of July 2011, Nike stated that two-thirds of its factories producing Converse products still do not meet the company's standards for worker treatment. [47], For the fiscal year 2018, Nike reported earnings of US$1.933 billion, with an annual revenue of US$36.397 billion, an increase of 6.0% over the previous fiscal cycle. Addresses Workplace Behavior Complaints", "Nike Taps EBay Veteran John Donahoe to Succeed Parker as CEO", "Nike confirms that it is no longer selling its products on Amazon", "Hockey Fan, and Investor, Buys Bauer From Nike", "Bob Hurley: Success built on everyone's inner surfer", "Iconix Brand Buys Nike's Umbro Soccer Unit for $225 Million", "After Umbro, Nike Turns to Cole Haan Sale", "Nike acquires Datalogue as part of continued digital shift", "Alcoa's CEO Is Remaking the Industrial Giant", "Nike Fiscal 2nd-Quarter Profit Jumps 40 Percent", "What Nike's Two-For-One Stock Split Means for the Dow", "Nike surges after beating on earnings and announcing $15 billion in buybacks (NKE) | Markets Insider", "Nike turns to digital sales during China shutdown", "Nike launches cricket shoe Air Zoom Yorker", "Nike Air Zoom Control II FS Futsal Shoes at Soccer Pro", "Devices That Tell On You: The Nike+iPod Sport Kit", "Latest materials improve sportswear performance", "Factbox: Nike's Vaporfly running shoes and tumbling records", "Nike Vaporfly Shoes Won't Be Banned From Olympics", "Nike Vaporfly. It was founded in 1964 as Blue Ribbon Sports by Bill Bowerman, a track-and-field coach at the University of Oregon, and his former student Phil Knight. [52][53], In 2004, Nike launched the SPARQ Training Program/Division. Company profile page for NIKE Inc including stock price, company news, press releases, executives, board members, and contact information That is the backbone of the Nike family. [116] In the following three months, Nike reported a rise in sales. Fox Foundation. [137] The second was for a 2002 spot called "Move," which featured a series of famous and everyday athletes in a variety of athletic pursuits. [11] In addition to manufacturing sportswear and equipment, the company operates retail stores under the Niketown name. This report captured the areas where companies needed to take actions to eradicate forced labour from their supply chains. [158], Nike has sponsored Tiger Woods for much of his career, and remained on his side amid the controversies that shaped the golfer's career. This practice was in place for nearly 20 years. Company Overview: Nike Nike incorporated, the world's leading designer and marketer of authentic athletic footwear, apparel, equipment, and accessories for a wide variety of sports and fitness activities. Because, as our co-founder said, if you have a body, you’re an athlete. [117], In July 2019, Nike released a shoe featuring a Betsy Ross flag called the Air Max 1 Quick Strike Fourth of July trainers. Nike Inc. operates in the Apparel & Accessories General sector. Featured Shop All New Arrivals Bestsellers SNKRS Launch Calendar National Teams Collection. As of 2020, it em… Orders. NIKE, Inc. designs, develops, and markets athletic footwear, apparel, equipment, and accessory products for men, women, and children. To us, innovation is about elevating human potential. RANK 85. Nike; company profileFortune 500 # 85Fortune 500. They currently also make shoes, jerseys, shorts, cleats, baselayers, etc. Get Help With Your Essay. [147], Nike has also sponsored many other successful track and field athletes over the years, such as Sebastian Coe, Carl Lewis, Jackie Joyner-Kersee, Michael Johnson and Allyson Felix. If you need assistance with writing your essay, our professional essay writing service is here to help! Our mission is what drives us to do everything possible to expand human potential. A new name has yet to be announced. Nike also owned Bauer Hockey (later renamed Nike Bauer) from 1995 to 2008, and previously owned Cole Haan, Umbro, and Hurley International. [14], In its first year in business, BRS sold 1,300 pairs of Japanese running shoes grossing $8,000. "[125], In 2007, New England-based environmental organization Clean Air-Cool Planet ranked Nike among the top three companies (out of 56) in a survey of climate-friendly companies. He claimed that after Houston Rockets general manager Daryl Morey was criticised by the Chinese government for his tweet supporting the 2019 Hong Kong protests, Nike removed Rockets merchandise from its stores in China. [citation needed] It was agency co-founder Dan Wieden who coined the now-famous slogan "Just Do It" for a 1988 Nike ad campaign,[21] which was chosen by Advertising Age as one of the top five ad slogans of the 20th century and enshrined in the Smithsonian Institution. ", "Truant officer was Olympic hero Emerson High has gold medalist in midst", "Logos that became legends: Icons from the world of advertising", "Ad Age Advertising Century: Top 10 Slogans", "Nike's 'Just Do It' slogan celebrates 20 years", "The Birth of 'Just Do It' and Other Magic Words", "As Nike looks to expand, it already has a 22-building empire", "NikeTown Portland to close forever [at its original location] on Friday", "Nike chairman Phil Knight to step down in 2016", "How Phil Knight turned the Nike brand into a global powerhouse", "Nike Cofounder And Chairman Phil Knight Officially Retires From The Board", "Nike Executive Resigns; C.E.O. [145], Nike sponsors top athletes in many sports to use their products and promote and advertise their technology and design. In April 2014, one of the biggest strikes in mainland China took place at the Yue Yuen Industrial Holdings Dongguan shoe factory, producing amongst others for Nike. [176] His university projects often involve input from Nike designers and executives, such as Tinker Hatfield. And our digital services get more powerful. To find out more about Nike brand value, request the Nike Brand Value Report. [59] At the time of this writing Nike had just released its newest product from the Vaporfly line, the Nike ZoomX Vaporfly NEXT%, which was marketed as "the fastest shoe we’ve ever made" using Nike's "two most innovative technologies, Nike ZoomX foam and VaporWeave material". The company is headquartered near Beaverton, Oregon, in the Portland metropolitan area. [139], That same year, Apple Records sued Nike Inc., Capitol Records Inc., EMI Records Inc. and Wieden+Kennedy for $15 million. [178], Coordinates: .mw-parser-output .geo-default,.mw-parser-output .geo-dms,.mw-parser-output .geo-dec{display:inline}.mw-parser-output .geo-nondefault,.mw-parser-output .geo-multi-punct{display:none}.mw-parser-output .longitude,.mw-parser-output .latitude{white-space:nowrap}45°30′33″N 122°49′48″W / 45.5093°N 122.8299°W / 45.5093; -122.8299, This article is about the sportswear and apparel company. We’re continually raising the bar for world-class manufacturing—grounded in standards that protect the environment and respect the fundamental human rights of people. NIKE, named for the Greek goddess of victory, is a shoe and apparel company. [96] The company has been subject to much critical coverage of the often poor working conditions and exploitation of cheap overseas labor employed in the free trade zones where their goods are typically manufactured. Resources Learn More . Nike Inc. will buy back $8 billion of Nike’s class B stock in 4 years after the current $5 billion buyback program is completed in second quarter of fiscal 2013. Dengan perubahan dunia bisnis yang bergerak sangat … In order to refocus its business lines, Nike began divesting itself of some of its subsidiaries in the 2000s. At Nike, diversity is about acknowledging and valuing our differences. We're embracing sustainable innovation to push the limits of our business—and our collective potential—in unprecedented ways. Profil perusahaan adalah deskripsi ringkas suatu perusahaan yang mencerminkan kualitas serta fokus kerja dari satu perusahaan. .media-container__list-item {filter: brightness(80%);}, About Nike Nike claims this is the first performance basketball shoe that has been created from manufacturing waste, but it only produced 5,000 pairs for sale. In 2012, Nike carried a commercial partnership with the Asian Football Confederation. ... Edit information in your company's profile at no charge. Nike Inc Supply chain practices in China This company received a score of 67/100 (retrieved 10-Oct-2020) in the Corporate Information Transparency Index (CITI), a system for evaluating supply chain practices in China, particularly in regards to environmental management and … Learn how Nike is using the power of sport to move the world forward. [154] Quarterly Earnings Learn More . [129] Nike has also been praised for its Nike Grind program, which closes the product lifecycle, by groups such as Climate Counts. NIKE, Inc. - Company Profile, Information, Business Description, History, Background Information on NIKE, Inc. One Bowerman Drive Beaverton, Oregon 97005-6453 U.S.A. Company Perspectives: Nike's Corporate Mission Statement: 'To be the world's leading sports and fitness company.' The company was founded on January 25, 1964, as "Blue Ribbon Sports", by Bill Bowerman and Phil Knight, and officially became Nike, Inc. on May 30, 1971. Become a Nike Member for the best products, inspiration and stories in sport. Help. Today, the Steve Prefontaine Building is named in his honor at Nike's corporate headquarters. Brand Finance has calculated the brand value of the Nike brand 15 times between 2007 and 2021. Nike Air Max is a line of shoes first released by Nike, Inc. in 1987. To achieve the impossible, we have to rethink the fundamentals. With our open and global mindset, we're constantly curious about the world. NIKE, Inc. engages in the design, development, marketing, and sale of athletic footwear, apparel, accessories, equipment, and services. Nike is the world's #1 manufacturer and marketer of athletic footwear and apparel. Nike also sells shoes for outdoor activities such as tennis, golf, skateboarding, association football, baseball, American football, cycling, volleyball, wrestling, cheerleading, aquatic activities, auto racing, and other athletic and recreational uses. The Nike brand valuation has featured in 29 brand rankings, including the strongest and most valuable Apparel brands, the biggest US brands and the best Global brands. [35] The company sold Umbro in 2012 [41] and Cole Haan in 2013. [161][162] On February 21, 2013, Nike announced it suspended its contract with South African limbless athlete Oscar Pistorius, due to his being charged with premeditated murder. The company was founded in in 1964 in Beaverton, Oregon by Phil Knight and Bill Bowerman and is listed on the New York Stock Exchange. The Trash Talk Shoe also featured a sole composed of ground-up rubber from a shoe recycling program. Nike’s mission is to bring inspiration and innovation to every athlete (Nike Inc., 2012). As of 2013, Nike owns two key subsidiaries: Converse Inc. and Hurley International. Sport has the power to move the world. At Nike, we believe that diversity fosters creativity and accelerates innovation. Yue Yuen did underpay an employee by 250 yuan (40.82 US Dollars) per month. At Nike, innovation is a mindset—one that challenges us to dream bigger and get better, everyday. The swoosh on the Nike shoe embodies the wing of the Greek goddess Ni-Key who is the goddess of victory sitting beside Zeus, inspiring the most courageous warriors on to victory(www.trizera.com). [80] Later, Nike Elite socks became available in bright colors inspired by throwback basketball uniforms,[81] often with contrasting bold abstract designs, images of celebrities,[82] and freehand digital print[83] to capitalise upon the emerging nostalgia for 1990s fashion. New For Men Shoes Clothing Equipment Shop All New Men's. [94] Nike is hesitant to disclose information about the contract companies it works with. NIKE, Inc., together with its subsidiaries, designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide. The company takes its name from Nike, the Greek goddess of victory. Report On Nike Buying Behaviour 773 Words | 4 Pages. [138], Nike was criticized for its use of the Beatles song "Revolution" in a 1987 commercial against the wishes of Apple Records, the Beatles' recording company. [43], Nike was made a member of the Dow Jones Industrial Average in 2013, when it replaced Alcoa. [25] In 1990, Nike moved into its eight-building World Headquarters campus in Beaverton, Oregon. The swoosh on the Nike shoe embodies the wing of the Greek goddess Ni-Key who is the goddess of victory sitting beside Zeus, inspiring the most courageous warriors on to victory (www.trizera.com). Nike produces a wide range of sports equipment. [144] The only exception is the Charlotte Hornets, owned by longtime Nike endorser Michael Jordan, which instead uses the Jumpman logo associated with Jordan-related merchandise. The deal includes using Nike's range of golf clubs, a move Nick Faldo previously described as "dangerous" for McIlroy's game. In 1966, BRS opened its first retail store at 3107 Pico Boulevard in Santa Monica, California. [44], On December 19, 2013, Nike's quarterly profit rose due to a 13 percent increase in global orders for merchandise since April of that year. Nike delivers innovative products, experiences and services to inspire athletes. The Company designs, develops and markets athletic footwear, apparel, equipment and accessory products. It designs, develops, and sells a variety of products to help in playing basketball and soccer (football), as well as in running, men's and women's training, and other action sports. NIKE, Inc. is an American multinational corporation that is engaged in the design, development, manufacturing, and worldwide marketing and sales of footwear, apparel, equipment, accessories, and services. No matter where we come from, a love of sport unites us. [24], Throughout the 1980s, Nike expanded its product line to encompass many sports and regions throughout the world. A love of sport unites us. As part of the 6.0 campaign, Nike introduced a new line of T-shirts that include phrases such as "Dope", "Get High" and "Ride Pipe" – sports lingo that is also a double entendre for drug use. The deal required all franchise team members to wear jerseys and shorts with the Swoosh logo, beginning with the 2017/18 season. A strategic audit of Nike Inc. and its wholly owned subsidiaries was conducted by gathering the company’s financial data, press releases, industry information, company history and current projects… Whether our job is designing the ultimate sneaker or coding a revolutionary app, we're united by the same mission. It’s our duty to do our part to protect the playing field for future generations of athletes. Over 3,900 employees from various Nike stores have participated in teaching children to be active and healthy. Learn more about Nike's global team. Here's how we got here", "Behind Oregon's (Phil) Knight in shining armor", "Nike Pledges $13.5 Million to Help Renovate University of Oregon Track Facilities", "Oregon Embraces 'University of Nike' Image", "Nike Community Ambassadors | Nike Global Community Impact", Nike says Iran World Cup saga is 'misleading', https://en.wikipedia.org/w/index.php?title=Nike,_Inc.&oldid=1006967325, Companies in the Dow Jones Industrial Average, Companies listed on the New York Stock Exchange, Multinational companies headquartered in the United States, Sporting goods manufacturers of the United States, Watch manufacturing companies of the United States, Pages with non-numeric formatnum arguments, Wikipedia pages semi-protected against vandalism, Articles with unsourced statements from January 2020, Articles lacking reliable references from January 2020, Articles lacking reliable references from April 2016, Articles with unsourced statements from November 2019, Wikipedia articles with SUDOC identifiers, Wikipedia articles with WORLDCATID identifiers, Creative Commons Attribution-ShareAlike License, This page was last edited on 15 February 2021, at 19:59. A company official stated the shirts were meant to pay homage to extreme sports, and that Nike does not condone the illegal use of drugs. Nike discontinued airing ads featuring "Revolution" in March 1988. Find real-time NKE - Nike Inc stock quotes, company profile, news and forecasts from CNN Business. Nike has recently introduced cricket shoes called Air Zoom Yorker, designed to be 30% lighter than their competitors'. Nike, Inc. (/ˈnaɪki/)[note 1][3] is an American multinational corporation that is engaged in the design, development, manufacturing, and worldwide marketing and sales of footwear, apparel, equipment, accessories, and services. In 1967, due to increasing sales, BRS expanded retail and distribution operations on the East Coast, in Wellesley, Massachusetts.
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