1. FOUNDING
back before the Swoosh logo and long before the days we were called Nike, there was Blue Ribbon Sports
(BRS). It was the company Phil Knight, our founder, and legendary track coach Bill Bowerman created in 1964
to provide athletes with better shoes. Their first year sales totaled around $8,000. It wasn’t until 1971 that BRS
introduced the concept of the Greek winged Goddess of victory—Nike. In December 1980 we went public. And
the rest is history.
EMPLOYEES
Nike employs more than 30,000 people globally. Our Nike World Headquarters located near Beaverton,
Oregon is home to more than 6,000 employees.
REVENUE
For the fiscal year ending May 31, 2008, we reported record revenues of $18.6 billion, a $2.3 billion increase
over last year’s earnings.
NIKE WORLD CAMPUS
The original Nike World Headquarters first opened its doors in December 1989. By 2001, the original campus
had doubled in size with the addition of six more buildings.
The Nike campus consists of 16 main buildings whose names pay tribute to some of our most legendary
athletes: John McEnroe, Joan Benoit Samuelson Center, Michael Jordan, Bo Jackson (gym), Mike Schmidt,
Nolan Ryan, Lance Armstrong (gym), Mia Hamm, Ken Griffey, Jr., Pete Sampras, Jerry Rice, Tiger Woods
Center, The Joe Paterno Child Development Center, Dan Fouts, Alberto Salazar, and Steve Prefontaine Hall.
The six-acre lake that rests at the heart of the Nike World Campus is seven feet deep at its deepest point.
Home to migratory ducks and geese, this serene lake has been known to surprise a few employees not
watching where they’re going.
At 450,000 square feet, the Mia Hamm building is the largest on campus. Coming in at a not-so-close second
is the Nolan Ryan Building on the original campus (completed in December 1992) at 225,000 square feet. All
together, the buildings on campus total slightly more than 2 million square feet or just about 35 football fields.
The main entry to Nike World Campus is at One Bowerman Drive. We named the road after legendary
Olympic Track and Field coach and Nike co-founder Bill Bowerman.
In addition to our 177-acre campus near Beaverton, we operate across the world in a variety of facilities. Our
first Niketown store opened in 1990 in downtown Portland. This first store set the standard for interactive
consumer environments. Averaging over 30,000 square feet of selling space, Niketowns attract millions of
consumers every year around the globe. Nike also has Nike Stores, NikeFactory Stores and NikeWomen
stores in the US and around the world. Learn more about our
US retail locations.
Nike has contracted with more than 700 shops around the world and has offices located in
45 countries outside the United States.[22] Most of the factories are located in Asia,
2. including Indonesia, China, Taiwan, India, Thailand, Vietnam, Pakistan, Philippines,and
Malaysia.[23] Nike is hesitant to disclose information about the contract companies it works
with. However, due to harsh criticism from some organizations like CorpWatch, Nike has
disclosed information about its contract factories in its Corporate Governance Report.
Nike IHM, Inc., is based near the World Campus and produces Nike AIR-SOLE cushioning components
used in Nike footwear products. It also sells small amounts of various plastic products to other manufacturers.
MANUFACTURING
As of May 2006, Nike’s three main product engines - footwear, apparel and equipment - used almost 700
contract factories in 52 countries to manufacture all Nike products, employing close to 800,000 workers. It is
our mission to make responsible sourcing a business reality that enhances the lives of these workers.
Nike, Inc. was
founded on
a handshake
Implicit in that act was the determination that we would build our
business with all of our partners based on trust, teamwork, honesty and
mutual respect. We expect all of our business partners to operate on
the same principles.
At the core of the NIKE corporate ethic is the belief that we are a
company comprised of many different kinds of people, appreciating
individual diversity, and dedicated to equal opportunity for each
individual.
NIKE designs, manufactures .and markets products for sports and
fitness consumers. At every step in that process, we are driven to do
not only what is required by law, but what is expected of a leader.
We expect our business partners to do the same. NIKE partners
with contractors who share our commitment to best practices and
continuous improvement in:
1 Management practices that respect the rights of all employees,
including the right to free association and collective bargaining
2 Minimizing our impact on the environment
3 Providing a safe and healthy work place
4 Promoting the health and well-being of all employees
Contractors must recognize the dignity of each employee, and the right
to a work place free of harassment, abuse or corporal punishment.
Decisions on hiring, salary, benefits, advancement, termination or
retirement must be based solely on the employee’s ability to do the
job. There shall be no discrimination based on race, creed, gender,
marital or maternity status, religious or political beliefs, age or sexual
orientation.
Wherever NIKE operates around the globe we are guided by this Code
of Conduct and we bind our contractors to these principles. Contractors
must post this Code in all major workspaces, translated into the
language of the employee, and must train employees on their rights and
3. obligations as defined by this Code and applicable local laws.
While these principles establish the spirit of our partnerships, we also
bind our partners to specific standards of conduct. The core standards
are set forth below.
Forced Labor
The contractor does not use forced labor in any form -- prison,
indentured, bonded or otherwise.
Child Labor
The contractor does not employ any person below the age of 18 to
produce footwear. The contractor does not employ any person below
the age of 16 to produce apparel, accessories or equipment. If at the
time Nike production begins, the contractor employs people of the legal
working age who are at least 15, that employment may continue, but
the contractor will not hire any person going forward who is younger
than the Nike or legal age limit, whichever is higher. To further ensure
these age standards are complied with, the contractor does not use any
form of homework for Nike production.
Compensation
The contractor provides each employee at least the minimum wage,
or the prevailing industry wage, whichever is higher; provides each
employee a clear, written accounting for every pay period; and does not
deduct from employee pay for disciplinary infractions.
Benefits
The contractor provides each employee all legally mandated benefits.
Hours of Work/Overtime
The contractor complies with legally mandated work hours; uses
overtime only when each employee is fully compensated according
to local law; informs each employee at the time of hiring if mandatory
overtime is a condition of employment; and on a regularly scheduled
basis provides one day off in seven, and requires no more than 60 hours
of work per week on a regularly scheduled basis, or complies with local
limits if they are lower.
Environment, Safety and Health (ES&H)
The contractor has written environmental, safety and health policies and
standards, and implements a system to minimize negative impacts on
the environment, reduce work-related injury and illness, and promote
the general health of employees.
Documentation and Inspection
The contractor maintains on file all documentation needed to
demonstrate compliance with this Code of Conduct and required
laws; agrees to make these documents available for Nike or its
designated monitor; and agrees to submit to inspections with or
without prior notice.
Nike, Inc.
Type Public (NYSE: NKE)
1972[1]
Founded
William J. quot;Billquot; Bowerman
Founder(s)
Philip H. Knight
Headquarters Beaverton, Oregon, United States
Area served Worldwide
Key people Philip H. Knight
(Chairman)
Mark Parker
4. (CEO) & (President)
Sportswear
Industry
Sports equipment
Athletic shoes
Apparel
Products
Sports equipment
Accessories
Market cap US$ 33.99 billion (2008)
▲ US$ 18.627 billion (2008)
Revenue
Operating income ▲ US$ 2.199 billion (2007)
▲ US$ 1.883 billion (2008)
Net income
▲ US$ 12.443 billion (2008)
Total assets
▲ US$ 7.825 billion (2008)
Total equity
Employees 30,200 (2008)
Website www.nike.com