Entrepeneurship Operations Finance Marketing Corporate Responsibility
Operations
First Product Produced
Nike produces a wide range of sports equipment. Their first products were track running shoes in 1972 called the "Moon Shoe" which featured a waffle sole, distributed to athletes competing in the US Olympic Track and Field Trials in Eugene, Oregon. The same year, U.S record holder, Steve Profontaine wears the Nike shoe.
Legal Structure
NIke Inc (NKE) is a publicly listed company with shares trading on the New York stock exchange. There are currently 894 million shares with a market capitalisation of US $58.09 billion. Closing stock price at 6th September was US$64.98.
Industry, Employees & Size of Production
Nike belongs in the apparel - sportswear industry.
Nike has 44,000 employees worldwide, spread throughout 160 countries, however 620,000 work in contract factories around the world which produce Nike branded footwear, apparel and clothing. (2010 statistics)
Nike has 44,000 employees worldwide, spread throughout 160 countries, however 620,000 work in contract factories around the world which produce Nike branded footwear, apparel and clothing. (2010 statistics)