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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.
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.
And in February, the company announced a 2% cut to its workforce, or more than 1,500 people, and Donahoe put some of the blame for Nike’s recent underperformance on himself and the company’s ...
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- 4901 West Broad Street, Columbus, Ohio · Directions · +1 614-878-0569