Nike
The world’s largest athletic apparel company, Nike is best known for its footwear, apparel, and equipment. Founded in 1964 as Blue Ribbon Sports, the company became Nike in 1971 after the Greek goddess of victory. One of the most valuable brands among sport businesses, Nike employs over 76,000 people worldwide. It sells its apparel through the Nike brand, as well as its Jordan Brand and Converse subsidiaries. The company sponsors top athletes and sports teams around the world, including LeBron James, Serena Williams, Rafael Nadal, and Alex Morgan. In 2021 the company announced plans to begin refurbishing returned sneakers to sell at a lower price as part of an attempt to reduce consumer waste and combat climate change.
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Company Information
As of 2/1/2023
Country
U.S.
Headquarters
Beaverton, Ore.
Industry
Apparel
CEO
John J. Donahoe II
Website
Company Type
Public
Ticker
NKE
Revenues ($M)
$49,107
Profits ($M)
$5,634
Market Value ($M)
$196,332
Employees
79,100
Figures are for the latest twelve months ended Nov. 30, 2022. Market value as of Jan. 20, 2023. Sources: Bloomberg; S&P Global.
World's Most Admired Companies
Sector
Consumer Products
Industry
Apparel
Current All-Star Rank
16
Previous All-Star Rank
12
Industry Rank
1
Previous Industry Rank
1
Overall Score
7.18
Innovation
1
People Management
2
Use of Corporate Assets
3
Social Responsibility
5
Quality of Management
1
Financial Soundness
1
Long-Term Investment Value
1
Quality of Products/Services
2
Global Competitiveness
1
Key Financials (Last Fiscal Year)
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Lists ranking Nike
Latest news for Nike
- Europe
5 challenges facing Adidas’s incoming CEO from Kanye West to the World CupNovember 8, 2022, 5:58 PM UTC - Commentary
The shoe industry’s dirty secrets–and how technology will clean it upSeptember 8, 2022, 6:24 PM UTC
- Most Powerful Women 2022 - Living To Play;17:08Conferences, MPW Summit;
- How companies are preparing for life in the Metaverse;;5:40
- China’s Xinjiang boycotts: Why are fashion brands in hot water?;1:30News, Radar;
- Some retailers are leveraging technology to keep customers engaged ;3:55Digital Features;
