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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.
After rising prices and the increasing cost of labor in Korean and Taiwanese factories, Nike began contracting in countries elsewhere in Asia, which includes parts of India, Pakistan, and Indonesia. [1] [2] It sub-contracted factories without reviewing the conditions, based on the lowest bid. Nike's usage of sweatshops originates to the 1970's.
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.
In 2017, Nike released the Nike Zoom Vaporfly Elite shoe, [1] which was advertised as "ultra-lightweight, soft and capable of providing up to 85-percent energy return." ." These "super shoes" became the focus of claims that they were a form of technology doping and that they provided athletes an unfair adv
The Nike MAG is a limited-edition shoe created by Nike Inc. [1] It is a replica of a self-tying shoe featured in the film Back to the Future Part II. The Nike Mag was originally released for sale in 2011 and again in 2016. Both launches were in limited quantities. The 2011 release was limited to 1,510 pairs, while the 2016 release was limited ...
The Los Gatos, California, company ended March with nearly 270 million worldwide subscribers, including about 83 million in its biggest market covering the U.S. and Canada.
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. Nike moves into English football, signing a kit (uniform/apparel) deal with Arsenal. 1995 Nike signs long-term partnerships with the Brazilian and United States soccer teams. 1996
On July 25, 1987, President Corazon Aquino promulgated the Administrative Code of the Philippines. [1] Chapter 9 of this code specified a list of ten nationwide regular holidays and two nationwide special days and provided that the President may proclaim any local special day for a particular date, group or place.