September 1, 2018

Nike was a multinational corporation headquartered in Beaverton, Oregon[i].  Its growth since its founding in 1964 was remarkable, climbing to $49 million in 1982 from just $60,000 ten years earlier[ii] and then to $9 billion by the mid-1990s[iii].  By 1998, 40% of the athletic footwear market was controlled by Nike.  Nike reached $20 billion in revenue in 2011 and, as of 2017, had a market cap of $29.6 billion and holds the title for the world’s largest supplier of athletic shoes and...

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