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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. [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.
Sneaker companies encourage this trend by producing rare sneakers in limited numbers, often at very high retail prices. Artistically-modified sneakers can sell for upwards of $1000 at exclusive establishments like Saks Fifth Avenue. [21] In 2005, a documentary, Just for Kicks, about the sneaker phenomenon and history was released.
Nike sells its Nike Bauer hockey equipment division. Nike introduces shoes featuring new Flywire and Lunarlite Foam materials. Flywire is a new technology made up of thin wires of vectran fibers, which are 5 times stronger than steel and never lose strength.
In the Philippines, they are called tsinelas. [7] In India, they are called chappals, (which traditionally referred to leather slippers). [8] This is hypothesized to have come from the Telugu word ceppu (చెప్పు), from Proto-Dravidian *keruppu, [9] [10] meaning "sandal". In some parts of Latin America, flip-flops are called chanclas ...
Nike Air Tailwind is a line of running shoes produced by Nike, Inc..The shoe is notable for being the first shoe to implement Nike's air technology in the sole. The technology would go on to become a pivotal part of the company's identity not only in the quality of its shoes but also in the design and style of its products.
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.
Super shoes are more expensive than other running shoes, ranging from $200 to $500 for a pair. [5] Prices in late 2023 for Nike Vaporfly and Alphafly shoes ranged from $260 to $285. [1] Some super shoes are designed to be worn during only a single marathon race after a minimal breaking-in time and have drawn criticism for their environmental ...
The recorded history of slippers can be traced back to the 12th century. [2] In the West, the record can be traced only to 1478. [3] [better source needed] [4] [failed verification] The English word slippers (sclyppers) occurs from about 1478. [5] English speakers formerly also used the related term pantofles (from the French word pantoufle).