Premium Essay


In: Business and Management

Submitted By kothebotay
Words 1175
Pages 5
9 Nike Business Overview


9 Nike’s Business Overview

Business Overview: Nike, Inc. is the world’s leading designer, marketer and distributor of authentic athletic footwear, apparel, equipment and accessories for a wide variety of sports and fitness activities.
Virtually all Nike products are manufactured by independent contract manufacturers, many of which produce for other globally recognized brands. Most Nike products are made outside of the United States. Nike, Inc. also includes six U.S.-based wholly owned subsidiaries. This report covers activities of the Nike brand, as well as Brand Jordan and Nike Golf, which together represent about 90 percent of company revenues, unless where otherwise noted. Nike has a long-term goal of incorporating subsidiary companies into its corporate responsibility efforts and reporting.

Nike, Inc Subsidiaries Cole Haan Holdings Inc., based in Maine, sells dress and casual footwear and accessories for men and women under the brand names of Cole Haan, g Series and Bragano. Nike Bauer Hockey Inc., based in New Hampshire, manufactures and distributes hockey ice skates, apparel and equipment, as well as equipment for in-line skating and street and roller hockey. Hurley International LLC, based in California, designs and distributes action sports apparel for surfing, skateboarding and snowboarding, and youth lifestyle apparel and footwear. Nike IHM Inc., based in Oregon, makes AIR-SOLE cushioning components used in Nike footwear products and sells small amounts of various plastic products to other manufacturers. Converse Inc., based in Massachusetts, designs and distributes athletic and casual footwear, apparel and accessories. Exeter Brands Group LLC, based in New York and Beaverton, Oregon, includes the Tailwind, Starter, Team Starter, and Asphalt brand names and is the master licensee of the Shaq and Dunkman brands. The…...

Similar Documents

Premium Essay

Short Note on Contact Law

...create a partnership. Similarly, a payment to a person contingent upon profits also does not necessarily create a partnership until the element of mutual agency is not present. This is the case when profits is shared with the lender of money for business. In case of Mollow March Co vs The Court of Wards 1872, a Hindu Raja loaned some money to Watson & Co. In return, he was to get a % of profit and was to exercise control on some aspects of the business. He was not empowered to direct the transactions of the company. It was held that although sharing of profits is a very strong test, yet whether a relation of partnership exists depends on the real intention and conduct of the parties. Duty/Liabilities of the partners GIC, BEN, APC 91011, 121313, 151616 1. General Duties - According to section 9, every partner is liable to carry on the business in the best interest of the firm, to be just and faithful to each other, and to render true accounts and full information affecting the firm to any partner or his legal representative. During the course of business no partner can do any act which may be against his duty to work to greatest common advantage. In Bentlay vs Craven 1853, it was held that if a partner was authorized to purchase goods for the firm and if he supplies the goods from his own stock and makes a profit, he is liable to give the profit to the firm. This matter is further clarified in section 16 which says that subject to contract between the partners, if a......

Words: 38063 - Pages: 153