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A study by the Nike-founded Global Alliance for Workers and Communities found that 70% of Nike factory workers in Thailand rated their supervisors as good, and 72% thought their income was fair. In Vietnam, most workers "thought the factory was a 'good place to work' and planned to continue at least three years," and 85% of those polled felt ...
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 ...
Nike is considered to be the world's leading performance running shoe brand since the release of the Vaporfly. Looking at the fastest marathon times ever (at the time of writing) Nike-sponsored athletes using Vaporfly shoes have the top five spots while the number of major marathon winners sponsored by Adidas has halved, according to a Wall ...
Nike sparked debate with its recent debut of a plus-size mannequin in its London flagship store. And, the controversy could ultimately pay off. Nike's controversial plus-size mannequin is a ...
The appleby documents detail how Nike boosted its after-tax profits by, among other maneuvers, transferring ownership of its Swoosh trademark to a Bermudian subsidiary, Nike International Ltd. This transfer allowed the subsidiary to charge royalties to its European headquarters in Hilversum , Netherlands , effectively converting taxable company ...
Nike has responded to growing pushback from female athletes who have condemned the company for using transgender influencer Dylan Mulvaney in an advertisement featuring sports bras and leggings.
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, 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.