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Shvoong Home>Arts & Humanities>All about NIKE Summary

All about NIKE

Article Summary   by:Azy Ronaldo     Original Author: Aezaz
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Who created Nike?
Nike was purely made by a ''self made man.'' He was no one special, no one with all the recognization and power. Someone who was very focused and decided that he had to do what he wanted to! So in 1965, the former miler, social worker anthropology grad struck the shoes in his van drove to high school track met and talked with shop runners. He listened to their needs, built them prototypes and helped them win.

What does NIKE mean?
Greek mythology-Goddess of Victory NIKE''s profit?
Nike makes massive massive profits. $965 million last fiscal year alone. Nike makes its bugs mostly when the olympics are near and on.
Where does Nike produce its shoes?
During the 1970s most Nike shoes were produced in South Korea and Taiwan. When workers there gained new freedom to organize and wages began to rise, Nike looked for "Green Pastures"It founded them in indonesia, China and most recently Vietnam-countries where protective labour laws are poorly enforced and cheap labour is abundont. Also in China and Vietnam, the law prohibits workers from forming independent trade unions. this was also true in Indonesia until 1998, when dictator general Suharto was overthrown. these three countries continue to be the major places where Nike shoes are made.

Published: September 27, 2007   
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