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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. [ 5 ] 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. [ 6 ][ 7 ]
The shoe giant's shares are down over 20% year-to-date after an ambitious direct-selling strategy opened the door to competition. Nike stock jumps 8% as investors bet new CEO Elliott Hill can fix ...
Team Sweat is "an international coalition of consumers, investors, and workers committed to ending the injustices in Nike’s sweatshops around the world" founded in 2000 by Jim Keady. While Keady was researching Nike at St. John’s University, the school signed a $3.5 million deal with Nike, forcing all athletes and coaches to endorse Nike.
These are Food & Wine's latest award-winning stories and photos, including finalists for the 2024 International Association of Culinary Professionals Awards.
After a five-fold increase in employees between 2020 and 2024, the company laid off 17%, or—170 employees, in January 2024. [49] On April Fool's 2024, Discord accidentally broke the record of the most viewed YouTube video in 24 hours. The cause of this record was the Discord client playing the announcement video on loop in the app itself. [50]
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