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 September 11, 2026, NikeLab Running unveiled a new performance-lifestyle collection designed to bridge the gap between running gear and everyday wear, focusing on the athlete’s complete routine, including commute and recovery. Previously, on September 10, Nike shareholders rejected a transparency proposal, following a campaign led by Inspire Investing portfolio manager Tim Schwarzenberger, who expressed concerns about the company's political activism and suggested a return to athletic apparel to regain conservative customers. Also on September 10, USC Upstate announced a multi-year extension of its apparel agreement with NIKE and BSN SPORTS, continuing a partnership established in 2022 that outfits its student-athletes, coaches, and staff. Earlier the same day, a report cited Nike (NKE) as a consumer stock facing pressure from crude oil prices exceeding $100 per barrel due to its global supply chain, potentially leading to margin compression and demand contraction.
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