Quick Answer: Who Is Nike Owned By?

Is Nike owned by China?

“Nike is a brand of China, for China,” CEO Mark Parker said on the company’s Sept..

Is Adidas owned by China?

German sportswear giant Adidas (IW 1000/241) said Wednesday it was closing its only company-owned factory in China, although the country would continue to be its “main global production site” via subcontractors. …

Who is the owner of Nike?

Phil KnightHe is also the owner of the stop motion film production company Laika. Knight is a graduate of the University of Oregon and Stanford Graduate School of Business….Phil KnightAlma materUniversity of Oregon Stanford UniversityOccupationChairman emeritus, Nike, Inc.Net worthUS$ 48.7 billion (November 2020)6 more rows

Does Nike have a parent company?

In addition to the Nike and Jordan brands, our wholly-owned subsidiaries include Cole Haan (luxury shoes, handbags, accessories and coats); Converse (athletic and lifestyle footwear, apparel and accessories); Hurley (action sports and youth lifestyle footwear, apparel and accessories); Nike Golf, and Umbro (a leading …

What does Nike stand for?

the Winged Goddess of VictoryIn Greek mythology, Nike is the Winged Goddess of Victory. The logo is derived from goddess’ wing,’swoosh’, which symbolises the sound of speed, movement, power and motivation.

Who is the CEO of Jordan Brand?

CRAIG WILLIAMSCRAIG WILLIAMS: PRESIDENT, JORDAN BRAND Prior to his tenure at Coca-Cola, Williams spent three years in global marketing for CIBA Vision Corp. He also spent seven years with Kraft Foods Inc., working in brand management and new product development, and served five years with the U.S. Navy as a Nuclear Power Officer.

Is Adidas owned by Nike?

As well as the Nike brand, the company owns Converse, Hurley, and the Jordan brand (after basketball player Michael Jordan), while Adidas also owns the Reebok brand.

How much of Nike does China own?

The company, which doesn’t own factories, produces about 25% of its global apparel and footwear in China. On Tuesday, Chief Executive Mark Parker said the company has experienced double-digit-percentage growth in the region every quarter for more than five years.

Is Nike privately owned?

The Nike Group is a privately owned limited company, now being managed by the “Second Generation”. … The companies that make up the Nike Group may be diverse, in both location and business interests, but they do have something in common – they are all actively involved in the communities in which they are situated.