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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 ]
Team Sweat is "an international coalition of consumers, investors, and workers committed to ending the injustices in Nike’s sweatshops around the world" founded in 2000 by Jim Keady. While Keady was researching Nike at St. John’s University, the school signed a $3.5 million deal with Nike, forcing all athletes and coaches to endorse Nike.
The consensus rating on Nike from 37 analysts is a 2.1 out of 5, indicating “buy,” with an average price target of $140.10 in a range of $96, which is lower than the current price. Seven rated ...
Nike opens its world headquarters in unincorporated Washington County, just west of Portland, on 74 acres (0.3 km 2) of land. 1993. Nike introduces Reuse-A-Shoe, which collects athletic shoes, Nike wins Advertiser of the Year at the Cannes Advertising Festival. Nike enters the ice hockey market after acquiring Canstar, the parent company of ...
Nike stock sank more than 10% Friday after executives gave a weaker sales outlook for markets around the world and highlighted a major cost-cutting initiative.. The company said Thursday that it ...
The company's journey from a scrappy start-up known as Blue Ribbon Sports to the world's largest sports brand. Nike Inc. Company Timeline: 50 Years of Innovation Skip to main content
The founder of the Wieden+Kennedy agency, Dan Wieden, credits the inspiration for his "Just Do It" Nike slogan to a death row inmate Gary Gilmore’s last words: "Let's do it." [1] From 1988 to 1998, Nike increased its share of the North American domestic sport-shoe business from 18% to 43% (from $877 million to $9.2 billion in worldwide sales ...
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 ...