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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.
They launched a retail division in 1982, which comprised 40 plus stores worldwide and cumulative annual sales of nearly $70 million by 1996. [3] Nike, Inc. purchased Cole Haan in 1988. Nike announced on May 31, 2012, that it was divesting Cole Haan and Umbro to focus on the Nike brand and other complementary brands. [4] [5]
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Nike By You (Previously "NikeiD") is a service provided by Nike allowing customers to personalize and design their own Nike merchandise, most specifically footwear but also sportswear. They offer online services as well as physical studios in different countries around the world, including: United Kingdom , Italy , France , Japan , Spain ...
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Outlet stores sell Sears merchandise at discount. [13] Outlet stores are approximately 18,000 square feet and equipped with items such as home appliances, lawn and garden equipment, apparel, mattresses, sporting goods and tools. [3] Outlet stores sell discontinued, used, cosmetically blemished or reconditioned merchandise with new parts. [3] [14]
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