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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.
When laws in Indonesia were lifted in the late 1980s, factory workers and non-governmental organizations staged many strikes at Nike factories, protesting the poor working conditions. [14] The organizations also worked with international allies such as the United States to bring about awareness in foreign, and often wealthier, countries.
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.
Nike's Q2 financial performance "largely met expectations," but net revenue fell 7.7% to $12.35 billion, which was less than the 9.41% drop analysts had expected, according to Reuters.
Consumer protection measures are often established by law. Such laws are intended to prevent businesses from engaging in fraud or specified unfair practices to gain an advantage over competitors or to mislead consumers. They may also provide additional protection for the general public which may be impacted by a product (or its production) even ...
Strasser was a graduate of Willamette University in Salem and the UC Berkeley School of Law. [1] He started his career as a lawyer in Portland, Oregon, where he represented Nike (under its original name, Blue Ribbon Sports) and drew the attention of its founder Phil Knight. [2] [3]
ASU Law students can enroll in the dual-degree program to earn both a Juris Doctor and Masters of Sports Law and Business in only seven (7) semesters. [18] ASU has their own student-run journal Arizona State Sports and Entertainment Law Journal which is one of the most cited publications in all of sports law. [19]
States have also followed suit by enacting similar laws. [20] To date, 29 states have some sort of NIL legislation in place since the Alston interim policy was put into place. [21] For example, Illinois Public Law 102-0042 permits athletes to receive market-value compensation for the use of their name, image, and likeness. [22]