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Global 500

Zach Hilty—BFA/REX/Shutterstock

340

Nike

NKE

U.S.

Though Nike dropped nine spots in this year’s Global 500, the sportswear powerhouse grew its revenue and profit and maintained its status as the world’s largest supplier of athletic apparel. A sales partnership with Amazon and Instagram also expanded Nike’s digital reach, much to the chagrin of its brick-and-mortar retail partners. Still, Nike has room for concern. Competition with Adidas, Under Armour and Puma remains fierce, and it looks highly unlikely Nike will hit its ambitious target of $50 billion in sales by 2020. Plus, questions over the company’s leadership have emerged in recent months. Allegations of harassment and discrimination against Nike’s female employees resulted in the departures of 11 top executives.

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CEO

Mark G. Parker

Sector

Apparel

Industry

Apparel

HQ Location

Beaverton, Ore.

Years on Global 500 List

12

Employees

74,400

Figures are for fiscal year ended May 31, 2017.
Key Financials (Last Fiscal Year)
($ Millions)% change
Revenues ($M)$34,3506.1%
Profits ($M)$4,240.012.8%
Assets ($M)$23,259
Total Stockholder Equity ($M)$12,407
Profit Ratios
Profit as % of Revenues12.3%
Profits as % of Assets18.2%
Profits as % of Stockholder Equity34.2%
STOCK QUOTE
()0.00 0.00 (0)
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  • Market Cap: NaNB
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  • 52 Week Change %: 0.00
  • P/E Ratio: n/a
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News about Nike

CES 2019: Holograms May Finally Be Coming of Age

After the rise of VR and AR, a new technology vies for the spotlight.

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Mastercard Drops Its Name From Company Logo

Following in Apple, Target's, and Nike into "post-text" future.

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