Search results
Results from the WOW.Com Content Network
Nike had plans to expand their monitoring process to include environmental and health issues beginning in 2004. [ 21 ] The company has since allowed human rights groups and organizations to come into factories and inspect the working conditions, and wages and speak personally with the workers.
In 2018, Nike released a second iteration called the Vaporfly 4% Flyknit. The following versions released in 2019 and 2021 are part of the Next% family. [8] The composition of the sole contains a foamy material, Pebax, that Nike has altered and now calls it ZoomX. The ZoomX material can be found in other Nike products as well.
Marc Kasky in 2022. Marc Kasky (born 1944) is a consumer activist best known for bringing a lawsuit against Nike Inc. in 1998 under a California law against false advertising and unfair competition for their advertising claims about treatment of Chinese, Indonesian and Vietnamese workers at company subcontractors.
In December, Nike slashed its revenue forecast and announced cost cuts amid growing concerns that consumers around the world are slowing their spending. The company said it was looking for up to ...
In 2009, Nike set up a model factory in Sri Lanka and sent managers there from all over the world. Since any change in operations can make suppliers less productive at first, the company signed long-term agreements with factories, pledging to stick with them as they learned how to meet deadlines using better methods and safer equipment rather ...
In September 2018, Nike and Keady were in the news again over a controversial ad campaign with Colin Kaepernick, famed football player and social justice protester. Keady was asked to voice his views regarding Nike's stance on social justice in the United States while the company has a history of social justice controversies globally. [5]
Nike Inc. continues to make gains across the portfolio, even as supply-chain issues loom. The Beaverton, Ore.-based athletic apparel and accessories firm, which includes the Jordan and Converse ...
A comparison between an old Majestic template jersey (left) and a new Nike template jersey (right). Beginning in the 2024 season, Major League Baseball (MLB) adopted a new template for its uniforms, designed by Nike and produced by Fanatics, officially titled the Nike Vapor Premier. The new uniforms have been subject to much controversy and ...