NIKE, headquartered in Beaverton, Oregon, designs and sells athletic footwear, apparel, and accessories, operating across multiple global segments. It also includes the Jordan Brand and Converse for basketball and casual wear.
NKE has been in the news recently: Tom Dundon, the owner of the Carolina Hurricanes, has tentatively agreed to purchase the Portland Trail Blazers, which are valued at $3.65 billion. Additionally, Nike co-founder Phil Knight is donating $2 billion to the Knight Cancer Institute, marking the largest single donation to a U.S. university or health institution.
📡️ Consumer Discretionary
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