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Nike manufactures literally nothing, except for commercials. Almost all of their products are manufactured by 'independent contractors' located offshore, typically in south-east Asia. Many of these contractors are located in tax havens, set up by various local governments to help bring in foreign capital. Unfortunately, manufacturers can play off one location against another, picking up shop and relocating quickly because they have little invested in the physical plant (e.g., limited hardware, apart from lightweight fabrication equipment, operated out of low-rent or rent-free facilities). Nike claims these manufacturers follow their corporate code of conduct, but this claim has been successfully challenged more than once. Nike spends more on advertising than their offshore employees receive in wages. That $200 MSRP pair of shoes might only cost $20 in materials, labour, and shipping, plus another $30 in advertising and promotion.
The impact of these manufacturing zones on their nations' economies and populace is not always positive. I would refer you to the book "No Logo" by Naomi Klein for one evaluation of these economic processes.
YES Nike currently enjoys a 47% market share of the domestic footwear industry, with sales of $3.77 billion. Nike has been manufacturing throughout the Asian region for over twenty-five years. The majority of their output today is produced in factories in China, Indonesia, and Vietnam, but they also have other factories in Italy, the Philippines, Taiwan, and South Korea.
Sweat shops in Asia.
DUH!
Yeah, Nike manufacturers nothing by itself and it only outsources its products from other manufacturers but it maintains a particular level of quality for its products which helps it maintaining its brand image.
YES Nike currently enjoys a 47% market share of the domestic footwear industry, with sales of $3.77 billion. A very true and clear fact about Nike being a part of the companies who partake outsourcing in the world.
How much does Nike make a year?
by Answerbag Staff on July 19th, 2010
| 1 person likes this
what is the difference between Nike shox oz, Nike shox R4, R5, R6, Nike shox NZ, Turbo and TL?
by tinny on June 9th, 2011
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Who invented the Nike Swoosh symbol?
by Answerbag Staff on July 14th, 2010
| 1 person likes this
When was the company Nike formed?
by Answerbag Staff on July 10th, 2010
| 1 person likes this
Can someone tell me the name of the girl's shoes in this picture? And the guys to would be awesome.The link is in the description
by hktb on November 26th, 2011
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