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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.
NKE Revenue (TTM) data by YCharts Notably, Nike's debt is only 1.3x its EBITDA, which acts as a financial safety net when the business hits an unexpected hiccup.As you can see in the chart, Nike ...
Converse ( / ˈkɒnvərs /) is an American lifestyle brand that markets, distributes, and licenses footwear, apparel, and accessories. Founded by Marquis Mills Converse in 1908 as the Converse Rubber Shoe Company in Malden, Massachusetts, it has been acquired by several companies before becoming a subsidiary of Nike, Inc. in 2003.
Air Jordan is a line of basketball shoes produced by Nike, Inc. Related apparel and accessories are marketed under the Jordan Brand . The first Air Jordan shoe was produced for basketball player Michael Jordan during his time with the Chicago Bulls on November 17, 1984 and released to the public on April 1, 1985.
Here’s an adorable pick from ELLE digital director, Claire Stern. Handmade in Brazil, Larroudé’s creations are made to bring a little extra sparkle to your daily routine. The memory foam sole ...
Nike sweatshops. 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.
Nike acquired Converse in 2003 for an estimated $305 million and continues to market Chuck Taylor All Stars. Converse's manufacturing operations for Chuck Taylor All Stars, as well as the company's other shoes, was moved from the United States to other countries such as China, India, Vietnam and Indonesia. Lawsuit
Footwear refers to garments worn on the feet, which typically serve the purpose of protection against adversities of the environment such as wear from rough ground; stability on slippery ground; and temperature. Shoes and similar garments ease locomotion and prevent injuries. Such footwear can also be used for fashion and adornment, as well as ...
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