Nike, a publicly owned company headquartered in the United States, was founded in 1964 and employs approximately 67,050 individuals. The company reported $46.4B in revenue as of 2026. Functioning primarily in the retail sector, it specializes in its main product offerings within this industry.
On July 24, 2026, Nike announced the closure of its Shelby and SD1 distribution centers, planning to outsource these operations to a DHL-run third-party logistics provider outside Atlanta, set to activate in May or June 2027. Earlier the same day, Vietnamese authorities disclosed the discovery of nearly 50,000 counterfeit Nike shoes in Ho Chi Minh City, destined for the U.S., which the Ministry of Industry and Trade described as one of the largest intellectual property infringement cases in recent years. Also on July 24, FC Barcelona officially unveiled its Kobe Bryant-inspired 2026-27 season away kit, a collaboration with Nike's 'Mamba' brand, which launched at all official Barça Stores. Concurrently, federal prosecutors charged 12 individuals in an alleged scheme that diverted at least $2 million worth of Nike footwear from a Memphis logistics center using fake UPS labels, an operation reportedly active from July 2021 to June 2024. This follows Nike's accelerated wave of store closures across the U.S., with approximately a dozen locations shutting in a single month as the company reshapes its retail footprint amid intensifying competition.
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