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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.
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Nike Air Max is a line of shoes produced by Nike, Inc., with the first model released in 1987. Air Max shoes are identified by their midsoles incorporating flexible urethane pouches filled with pressurized gas, visible from the exterior of the shoe and intended to provide cushioning to the underfoot.
Nike, Inc. announced plans to shift towards e-commerce and decrease its retail partners from 30,000 to 40. [220] Nine West filed for bankruptcy on April 6, 2018. It closed all 70 of its retail stores, shifting to online only. [221] Nordstrom was unable to go private in 2017 due to the retail apocalypse. [222]
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