Nike is one of the most popular brands in the world, well-known for its high-quality quality footwear and athletic apparel. With more than a thousand retail stores and over 70,000 employees worldwide, it has reached a global revenue of approximately $42.3 billion.
It’s no surprise then that Nike is currently the largest supplier and manufacturer of athletic goods in the world. It’s famous for its ability to reap huge profits and keep costs low by using hundreds of factories and subcontractors. At the same time, Nike generates a significant amount of controversy due to the way it operates its supply chains, making news for its infamous ‘sweatshops’.
Below, we’ll outline exactly how Nike manufactures its products, and outline some of the reasons why the large company operates its supply chains in the way it does.