Analysis of Nike

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Analysis of Nike

Basketball players “wanna be like Mike”, but shoe companies “wanna be

like NIKE.” NIKE is the worlds #1 company and controls more than 40%

of the US athletic shoe market. The company designs and sells shoes

for just about every sport, including baseball, volleyball,

cheerleading, and wrestling. NIKE also sells Cole Haan dress and

casual shoes and a line of athletic wear and equipment, such as hockey

sticks, skates, and timepieces. In addition, it operates NIKETOWN shoe

and sportswear stores and is opening JORDAN in store outlets in

suburban markets. NIKE sells its product to about 19,000 US

accountants, in about 140 other countries, and online. Chairman, CEO,

and co-founder Phil Knight owns. Nike Co. is very interesting, as well

is a popular brand.

Nike, pronounced NI-KEY, is the winged goddess of victory according to

Greek mythology. She sat at the side of Zeus, the ruler of the

Olympian pantheon, in Olympia. A mystical presence, symbolizing

victorious encounters, NIKE presided over history’s earliest

battlefields. A Greek would say, “When we go to battle, and win, we

say it is NIKE.” Synonymous with honored conquest; NIKE is the

twentieth century footwear that lifts the world’s greatest athletes to

new levels of mastery and achievement. The NIKE “swoosh” embodies the

spirit of the winged goddess who inspired the most courageous and

chivalrous warriors at the dawn of civilization. Among artistic

representations of Nike are the sculpture by Paeonius (c. 424 BC) and

the “Nike of Samothrace.” Rhodians probably erected the latter,

discovered on Samothrace in 1863 and now in the Louvre Museum, Paris,

about 203 BC to commemorate a sea battle. Excavations have shown that

the sculpture was placed alighting on a flagship, which was set in the

ground in such a way that it appeared to float.

If you were to break the word NIKE down, you would get Ni-key. The

pronunciation for Nike is ‘nI-kE. Its function is noun, and its

etymology is Greek NiKE. If you defined the word NIKE, you would find

out that it means the Greek goddess of victory.

Another meaning and definition of a word is SWOOSHING. Main entry:

Swoosh, function is noun, and it is an act or instance of swooshing.

The origin of the swoosh dates back as far as 1971. Phil Knight was

supplementing his modest income from Blue Ribbon Sports Inc. by

teachi...

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...enior labor official reiterated

complaints that workers in Nike-contracted factories faced inhumane

treatment. ``Violations of labor rights generally are occurring in

their smaller contractor joint venture or wholly-owned ventures in

which the Vietnamese side has minimal control,'' said Tu Le, a senior

official from the Vietnam Labor Union. Nguyen's report was to be

released today in New York. Just weeks ahead of the report, Nike

announced it had hired former U.N. Ambassador Andrew Young and his

Goodworks International group to review a new code of conduct for the

company's overseas factories. The measure was aimed at quelling

mounting criticism that working conditions at factories in Indonesia

and Vietnam were substandard. Nike uses five manufacturing plants in

Vietnam, where it takes advantage of low-cost labor and relatively

high production standards. About 3 percent of Nike's output is

produced in Vietnam, a Nike spokesman said in an earlier interview.

Michael Jordan became the first athletic mega businessman. His role as

a spokesman for Nike turned that athletic-shoe and- apparel company

into the world leader, earning both him and Nike millions of dollars.

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