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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.
However, Nike's running business returned to growth, led by the Pegasus franchise, in the second quarter, even as overall revenue fell 10%, and new products are coming down the pipeline as well.
Revenue from its direct-to-consumer business, Nike Direct, fell 13% on a reported basis, primarily due to a 21% decline in its digital business and a 2% decline in Nike-owned stores. Wholesale ...
Its business warmed up again as it expanded Nike Direct to curb its dependence on wholesale retailers and gather more first-party customer data for its design and marketing strategies. Nike Direct ...
The Nike Worldwide Headquarters is the global headquarters for Nike, Inc., located in an unincorporated area of Washington County near Beaverton, Oregon, in the United States. The campus has more than 75 buildings on 286 acres, as of 2018.
Air Jordan is a line of Basketball and sportswear shoes produced by Nike, Inc. Related apparel and accessories are marketed under Jordan Brand.. The first Air Jordan shoe was produced for basketball player Michael Jordan during his time with the Chicago Bulls on November 17, 1984, and released to the public on April 1, 1985.
Alibaba has been clawing its way back from a multiyear downturn, and both Estee Lauder and Nike had especially bad weeks last week. Yet in a counterintuitive move, China-exposed stocks rallied ...
Nike wins Advertiser of the Year at the Cannes Advertising Festival. Nike enters the ice hockey market after acquiring Canstar, the parent company of hockey equipment manufacturer Bauer Hockey. Nike had only made hockey jerseys, specifically those of the Edmonton Oilers at the height of Wayne Gretzky-mania, but now began to make all equipment.