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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.
Starter was founded in New Haven, Connecticut by David Beckerman, a University of New Haven alumnus, to manufacture team uniforms for high school athletic programs. [6]In 1976, the company entered into non-exclusive licensing agreements with a number of professional sports leagues, paying royalties of 8–10% for the right to manufacture and market copies of professional athletic apparel.
The clothing line included day and nighttime dresses, a bomber jacket, a bag, the NikeCourt Flare 2. [23] Serena was also gifted a personalised version of the all-blue version of the Air Force 1. In 2019, The Nike Waffle racer was deconstructed and added to this collaboration with no official release date.
She stepped down in 2014 and was replaced by Jan Singer, Nike’s head of apparel. [38] In 2024, Caroline (Cricket) Whitton was appointed as CEO and Jeanne Jackson as executive chair of the board. [39] To celebrate the company's $1.2 billion deal with Blackstone, employees received two first-class plane tickets and $10,000 each. [40]
Members of Run-DMC wearing Kangol bucket hats Accessories worn by Slick Rick, DMC, and Jam Master Jay displayed at the Rock and Roll Hall of Fame. During the late 1970s, sportswear and fashion brands such as Le Coq Sportif, Kangol, Adidas and Pro-Keds became established and attached themselves to the emerging hip-hop scene.
Brands such as Shein, Nike, H&M, Zara, Disney, and Victoria's Secret to name a few examples, are still using sweatshops. [24] In 2016, the United States Department of Labor investigated 77 garment factories in Los Angeles that produced clothing for the aforementioned brands, and found labor violations at 85% of the factories it visited. [25]
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walmart.com has been visited by 1M+ users in the past month