Search results
Results from the WOW.Com Content Network
Nike, Inc. has been accused of using sweatshops and worker abuse to produce footwear and apparel in East Asia. 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.
The shoes generally retail around $75, but during the Labor Day sale, you can get them as low as $44 depending on your size (though the general discounted price seems to hover between $55-$65 for ...
During the 1990s and 2000s, for example, protests on college campuses over Nike’s use of sweatshop labor forced the company to raise the minimum age for hiring new workers at shoe factories to ...
In 1998, Keady was conducting research about Nike's business practices at St. John's University, the school signed a $3.5 million deal with Nike, forcing all athletes and coaches to endorse Nike. Keady publicly refused to support Nike and was forced to resign his position as soccer coach. [1]
The company said it’s looking for as much as $2 billion in cost savings in the next three years, which includes laying off employees. Shares of Nike ( NKE ) tumbled as much as 14% Friday.
The Nike Sport Research Lab is a research and development institute located in Beaverton in the U.S. state of Oregon. Opened in 1980, the lab is owned by American apparel and footwear maker Nike. [1] Commercials for the facility have featured famous NBA and PGA athletes talking positively about the products and the research behind them.
A stacked calendar with inflation data and updates on several macro economic headwinds awaits investors in the week ahead.
Demand for the shoe grew exponentially after the public noticed that the Nike Cortez was being used by the 1972 U.S. Olympic athletes. Sales reached $800,000 during the first year the shoe was released, which was a 100% sales increase over the 8,000 sales inquiries reached after the first year of selling the Tiger brand shoes. [ 4 ]