DOCSLIB.ORG

Nike Has Never Been Stronger, and Our Opportunities for Growth Never Greater.”

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Nike Has Never Been Stronger, and Our Opportunities for Growth Never Greater.” “ NIKE HAS NEVER BEEN STRONGER, AND OUR OPPORTUNITIES FOR GROWTH NEVER GREATER.” Mark Parker President and Chief Executive Officer To our shareholders, I thought long and hard about The Nike brand alone represents more players, more boots and what to say in my first letter as dozens of sport performance more goals in the tournament your new CEO. What part of and culture categories, delivered than any other brand. the Nike story should I focus through four geographic regions What does this mean for you on? What do you as a shareholder across more than 160 countries. the investor? Twelve years ago, want to know about our future Add to that the other brands in Nike Soccer was a $40 million together? What is Nike doing the Nike family – Nike Golf, Nike business. We’re $1.5 to grow into its potential? Bauer Hockey, Cole Haan, billion today. Converse, Hurley and Starter – As I pondered the intricacies of which generated nearly $2 Innovation drives Nike Golf to these issues, I kept coming back billion in sales. That’s a offer the most complete line of to one thing: I love this company. lot of opportunity. golf products under a single For 27 years I have seen the brand. The Sasquatch driver The U.S. Region delivered power of Nike innovation at earned Editor’s Choice on the exceptional results, accounting work. I have seen the Golf Digest Hot List. Nike irons for approximately 40% of our breakthrough contributions we out-numbered all others at pre-tax income (PTI) growth. bring to the world of sports and Augusta for the second year Product innovation and brand culture. I have seen the pride running. And by the way, we relevance in our Europe, Asia and the humility in the eyes of are now the largest golf apparel and Americas regions drove our employees as the human company in the world. PTI growth by another 40%. potential we serve plays out The remaining 20% of our PTI Innovation drives the Jordan on the world stage. growth came from reducing Brand, which grew more than I’m honored to be a part of that. corporate expenses. All this 40% in revenues this year. Innovation is driving Women’s But enough about me. Let’s get translates into growth in diluted Fitness, Nike Skate and Sport down to business. We had a earnings per share of 18%. Culture toward new levels of great year, the most successful At the center of this success is value and credibility. year in Nike history, adding $1.2 the one thing that has driven billion in revenue, bringing Nike since day one – innovation. Throughout the company I see us to $15 billion. and share tremendous Innovation drives Nike Soccer. enthusiasm for the product To understand where this growth This year in Berlin more than design and development that is came from, we need to look at half the players in the Final were streaming through our pipeline. the breadth of the Nike family. in Nike boots. In fact, Nike had We will continue to invest in Wherever a consumer interacts we are able to meet these the innovation engine that with the brand – in stores of our challenges head on. defines the essence of Nike’s own or those of our retail Behind all of this is your team competitive advantage. partners, online, through at Nike. I can tell you that other advertising, at events – our goal Innovation also drives our companies envy our sense of is to elevate that experience approach to Corporate family, respect and optimism. through compelling products Responsibility. How can we We have the brightest, most and human stories. effect social change through passionate group of hard- sport? How can we use Our new Nike+ product working people in the industry, sustainability to drive design? concept is a breakthrough capable of creating enormous How do we continually improve example of elevating the energy. It is the job of the working conditions for the consumer experience. Working management team to channel people who make our with the team at Apple, we that energy, and to continue to products? We do these things developed an idea that bridges recruit, retain and develop the because they are the right thing the physical world of running best talent in the industry. The to do, and because they will and training with the digital task is in good hands. They are help us grow. world of content and the curious, connected, and internet. We launched Nike+ committed to creating success But innovation alone is not in May, and the response has in any conditions. enough for us to grow been amazing. I’m excited responsibly and profitably. Innovation and excellence. My about the success of our To do that requires an equally job as your CEO, and the job of collaboration with Apple valuable attribute – excellence – all Nike employees, is and where it can lead. a passion for doing things well. to apply these values to To deliver these kinds of every opportunity, to build One of our great strengths is products and consumer momentum, and to grow into our ability to connect with experiences profitably, we rely our collective potential. consumers. We have a on operational excellence – shameless sense of curiosity. I look forward to it. managing costs and driving We want to know everything efficiency. We will continue to Thanks, about their dreams and needs, be very aggressive in pursuing and we’re willing to dive deep lean manufacturing practices, to learn how to deliver relevant materials consolidation, focusing products and messages. on style and SKU productivity, This is increasingly important as and gaining Supply Chain Mark Parker consumers face a dizzying array efficiencies. We look for every President and Chief Executive Officer, of choices in the marketplace. opportunity to squeeze more NIKE, Inc. In China, for example, we are value out of the money we making strong connections spend, and that means more with young consumers. value for consumers and Their response to the brand is for investors. beyond anything we expected, We are committed to being making China a $600 million nimble and strong and focused business. And we’re extending in everything we do. This is our market leadership critical for any company position every day. operating in a global marketplace Nike has always been more that is in a state of constant than a product or an attitude. change. By continually refining Nike is also an experience. our operational excellence, .
Load more

Recommended publications
  • NIKE, Inc. Sells Bauer Hockey Subsidiary to Kohlberg & Company
    NIKE, Inc. Sells Bauer Hockey Subsidiary To Kohlberg & Company and W. Graeme Roustan for $200 Million BEAVERTON, Ore. (21 February, 2008) – NIKE, Inc. (NYSE:NKE) today announced that it has reached a definitive agreement to sell its Bauer Hockey subsidiary to an investor group led by Kohlberg & Company and Canadian businessman W. Graeme Roustan for $200 million in cash. Nike expects the transaction to be completed before the end of its current fiscal year. “We’re pleased to have reached an agreement for Bauer with strategic buyers who have a passion for hockey and are committed to continue to invest in Bauer’s long-term growth and brand leadership” said Nike, Inc. President and CEO Mark Parker. “Nike Bauer Hockey has been part of the Nike family for 12 years, and its team has done an incredible job. Selling this great hockey company was a tough decision but one that was in the best interests of Nike and Bauer as we each look to maximize our respective growth opportunities.” Bauer, hockey’s leading manufacturer, has delivered innovative products for over 80 years. Founded in 1927, Bauer developed the first skate with the blade attached to the boot, forever changing the game of hockey. Since then, Bauer has continued to develop the most sought after products in the industry, including the widely successful Supreme and Vapor lines of equipment. Bauer is set to once again raise the bar in innovation when it introduces the Supreme One95 skate and 9500 helmet this spring. “Throughout the entire sale process, we were committed to find the right partner to continue moving our business forward and we have definitely found that partner,” said Mark Duggan, CEO, Nike Bauer Hockey.
    [Show full text]
  • W & H Peacock Catalogue 23 Nov 2019
    W & H Peacock Catalogue 23 Nov 2019 *2001 Garmin Vivoactive 3 Music GPS smartwatch *2038 Samsung Galaxy S5 16GB smartphone *2002 Fitbit Charge 2 activity tracker *2039 Song Xperia L3 32GB smartphone in box *2003 Fossil Q Wander DW2b smart watch *2040 Blackview A30 16GB smartphone in box *2004 Emporio Armani AR5866 gents wristwatch in box *2041 Alcatel 1 8GB smartphone in box *2005 Emporio Armani AR5860 gents wristwatch in box *2042 Archos Core 57S Ultra smartphone in box *2006 Police GT5DW8 gents wristwatch *2043 Nokia 5.1 smartphone in box *2007 Casio G-Shock GA-110c wristwatch *2044 Nokia 1 Plus smartphone in box *2008 2x USSR Sekonda stop watches *2045 CAT B25 rugged mobile phone *2009 Quantity of various loose and boxed wristwatches *2046 Nokia Asha 210 mobile phone *2010 2 empty watch boxes *2047 Easyphone 9 mobile phone *2011 iPad Air 2 64GB gold tablet *2048 Zanco Tiny T1 worlds smallest phone *2012 Lenovo 10" TB-X103F tablet in box *2049 Apple iPod Touch (5th Generation - A1421) *2013 Dell Latitude E7250 laptop (no battey, no RAM *2050 iPad Air 2 64GB A1566 tablet and no HDD) *2051 iPad 6th Gen A1893 32GB tablet *2014 Dell Lattitude E6440 laptop i5 processor, 8GB *2052 iPad Mini A1432 16GB tablet RAM, 500GB HDD, Windows 10 laptop with bag and no PSU *2053 Tesco Hudl HTFA4D tablet *2015 Dell Lattitude E4310 laptop, i5 processor, 4GB *2054 Microsoft Surface i5, 4GB RAM, 128GB SSD, RAM, 256GB HDD, Windows 10, No PSU Windows 10 tablet (a/f cracked screen) *2016 HP 250 G4 laptop with i3 processor, 4GB RAM, *2055 Qere QR12 Android tablet
    [Show full text]
  • Greenpeace Dirty Laundry Report
    Dirty Laundry Unravelling the corporate connections to toxic water pollution in China image Wastewater being discharged from a pipe from the Youngor textiles factory, in Yinzhou district, Ningbo. Youngor is a major apparel and textiles brand in China. Contents Executive Summary 4 For more information contact: [email protected] Section 1 Introduction: Water crisis, toxic pollution 10 Acknowledgements: and the textile industry We would like to thank the following people who contributed to the creation of this report. If we have forgotten anyone, Section 2 Polluters and their customers – the chain of evidence 32 they know that that our gratitude is also extended to them: Case Study 1: Youngor Textile Complex, Yangtze River Delta 36 Jamie Choi, Madeleine Cobbing, Case Study 2: Well Dyeing Factory, Pearl River Delta 46 Tommy Crawford, Steve Erwood, Marietta Harjono, Martin Hojsík, Zhang Kai, Li Yifang, Tony Sadownichick, Section 3 The need for corporate responsibility 54 Melissa Shinn, Daniel Simons, Ilze Smit, Ma Tianjie, Diana Guio Torres, Vivien Yau, Yue Yihua, Zheng Yu, Lai Yun, Lei Yuting Section 4 Championing a toxic-free future: Prospects 72 Designed by: and recommendations Atomo Design Cover photograph: Appendix 1 81 Pipe on the north side of the 1) Main brands that have a business relationship Youngor factory has finished with Youngor Textile Complex dumping wastewater. The black 2) Main brands that have a business relationship with polluted discharge is clearly visible Well Dyeing Factory Limited © Greenpeace / Qiu Bo 3) The global market shares of sportwear companies JN 372 Appendix 2 92 Profiles of other brands linked with Youngor Textile Complex Published by Appendix 3 96 Greenpeace International Background information on the hazardous Ottho Heldringstraat 5 chemicals found in the sampling 1066 AZ Amsterdam The Netherlands References 102 greenpeace.org Note to the reader Throughout this report we refer to the terms ‘Global North’ and ‘Global South’ to describe two distinct groups of countries.
    [Show full text]
  • Vegan Guide to Leather Alternatives
    Vegan Guide to Leather Alternatives From The Vegetarian Resource Group fibers, or recycled rubber when possible? On the other hand it can be argued that by using leather and fur n many occasions, after turning down a hotdog alternatives we can show others a way of wearing or hamburger at a barbecue and explaining that clothes with the look they like that doesn’t require the you’re vegetarian, the next question you might exploitation of animals for it. be asked (if wearing leather-like Birkenstocks) is, O or this update we have been able to add a vegan “Then why are you wearing leather?” You’ll answer that the sandals are made from synthetic materials source for Play Station Portable cases. We also that look like leather, and this usually pacifies the Fdiscovered cd player and disc carrying cases. inquisitors. They do ask a valid question though. If When choosing a non-leather company, one you are choosing a vegetarian diet for ethical reasons, should also consider the company’s reasons for “How can you stop eating animals, but continue to carrying non-leather goods. Although we are pleased wear them?” Like a vegetarian diet, people often choose that more and more companies offer non-leather to “quit leather” at different stages. items, most large manufacturers and retailers who Since cowhide is the most common animal hide carry both leather and non-leather offer the non- used, links to the meat industry are undeniable. Accord- leather goods primarily for economic reasons. It is ing to the Leather Industries of America, the leather cheaper to manufacture non-leather goods, and as a industry’s trade association, very few animals are raised result they often cost less.
    [Show full text]
  • For Immediate Release
    FOR IMMEDIATE RELEASE MEDIA CONTACT: INVESTOR CONTACT: Alan Marks Pamela Catlett 503.671.4235 503.671.4589 NIKE, INC. REPORTS FISCAL 2007 EARNINGS PER SHARE OF $2.93 Revenue up 9 percent for the fiscal year and fourth quarter Fourth quarter earnings per share up 34 percent Worldwide futures orders up 12 percent BEAVERTON, Ore. (26 June, 2007) – NIKE, Inc. (NYSE:NKE) today reported financial results for the 2007 fiscal year, ended May 31, 2007. For the fiscal year, revenues grew 9 percent to $16.3 billion, compared to $15.0 billion last year. Net income increased 7 percent to $1.5 billion, compared to $1.4 billion last year, and diluted earnings per share increased 11 percent to $2.93 versus $2.64 last year. For the fourth quarter, revenues increased 9 percent to $4.4 billion, compared to $4.0 billion for the same period last year. Fourth quarter net income increased 32 percent to $437.9 million, compared to $332.8 million in the prior year, and diluted earnings per share increased 34 percent to $0.86, versus $0.64 last year. Changes in currency exchange rates increased revenue growth by 2 percentage points for the full year and fourth quarter. Commenting on results, Mark Parker, Nike, Inc. President and CEO said, “Nike is a growth company, and fiscal 2007 was no exception. We delivered another record year of revenue, earnings and cash flow. The Nike brand is extremely strong worldwide, and the Nike subsidiaries continue to increase their contribution to the performance of the company.” “Opportunities for growth at Nike have never been greater,” Parker added.
    [Show full text]
  • Baseball Is Working to Retain Its Position As America's
    TAG NOT IT HOOPS HEAVEN CUSTOM CAPS PERFORMANCE ANXIETY Buying Group Exits Basketball Finds Its Niche Headwear Gets Personal The Apparel Category Expands HARDBALL! BASEBALL IS WORKING PERMIT # 191 # PERMIT ITHACA, NY ITHACA, PAID US POSTAGE US TO RETAIN ITS POSITION RR STD PRSRT JANUARY 2015 AS AMERICA’S PASTIME 1652 | 1653 Sleeveless Wheel House Jersey Adult S-3XL/Youth S-L 1477 | 1478 Slider Baseball/ Softball Pant Adult S-3XL/Youth S-XL BACK DETAIL WE MAKE DOING BUSINESS EASY WITH OUR SAMPLE POLICY! Showroom Samples: 50% off 1 - 143 price | Preview Samples: 15% off 1 - 143 price CONTENTS JANUARY 2015 TEAM INSIGHT Editor While the big Michael Jacobsen names continue [email protected] 201-396-7005 to drive the Editorial Staff market, team Tim Sitek, Senior Editor Nancy Baeder, Correspondent dealers are Mike May, Correspondent finding there is Art Director a lot of demand Francis Klaess Associate Art Director for mid-tier Mary McGann brands that Publisher perform without Jeff Gruenhut [email protected] the higher price. 404-467-9980 Page 48 Advertising Sam Selvaggio [email protected] 212-398-5021 Mark Sullivan [email protected] 646-319-7878 Jeff Nott [email protected] 516-305-4711 Troy Leonard [email protected] 352-624-1561 Beth Gordon [email protected] 949-293-1378 Production Michael Jacobsen [email protected] 201-396-7005 Subscriptions www.teaminsightmag.com Business Manager Marianna Rukhvarger [email protected] 516-305-4709 Director of Audience Development Matthew Mauer [email protected] 516-305-4710 8 TEAM TRENDS 40 HOOPS MADNESS TAG is No Longer It; Ripken, Feherty To Headline Dealers are driving to the hoop on the strength of NSGA Conference; Adams Schutts Up; The soft goods and accessories, but many are also finding Formula 4 Media, LLC Concussion Discussion Continues big-ticket hard goods a way to score in 2015.
    [Show full text]
  • 311 Filed: 03/29/17 Page 1 of 54 United States Bankruptcy Court Western District of Michigan in Re: Case No
    Case:17-00612-jtg Doc #:311 Filed: 03/29/17 Page 1 of 54 United States Bankruptcy Court Western District of Michigan In re: Case No. 17-00612-jtg Michigan Sporting Goods Distributors, In Chapter 11 Debtor CERTIFICATE OF NOTICE District/off: 0646-1 User: roundtrd Page 1 of 53 Date Rcvd: Mar 27, 2017 Form ID: trclm Total Noticed: 3550 Notice by first class mail was sent to the following persons/entities by the Bankruptcy Noticing Center on Mar 29, 2017. db +Michigan Sporting Goods Distributors, Inc., 3070 Shaffer Avenue SE, Grand Rapids, MI 49512-1710 aty +Evan Lazerowitz, Cooley LLP, 1114 Avenue of the Americans, New York, NY 10036-7700 aty +Neil M. Snyder, Watchell, Lipton, Rosen & Katz, 51 West 52nd Street, New York, NY 10019-6150 aty +Nicole Stefanelli, Sugar Felsenthal Grais & Hammer, 230 Park Avenue, Suite 460, New York, NY 10169-0499 aty +Robert Winning, Cooley LLP, 1114 Avenue of the Americans, New York, NY 10036-7700 aty +Russell R. Johnson, III, 2258 Wheatlands Drive, Manakin-Sabot, VA 23103-2168 aty +S. Jason Teele, Sugar Felsenthal Grais & Hammer, 230 Park Avenue, Suite 460, New York, NY 10169-0499 cr +ASICS America Corporation fka ASICS Tiger Corporat, Rutan & Tucker, LLP, 611 Anton Blvd., Ste. 1400, Costa Mesa, CA 92626-1931 cr +AVS Partners VI, LLC, 1271 Avenue of the Americas, Suite 4300, New York, NY 10020-1300 cr +Cannonsburg LLC, PO Box 19, Cannonsburg, MI 49317-0019 cr +GGP Limited Partnership, Kristen N. Pate, 110 North Wacker Drive, Chicago, IL 60606-1511 consult +Great American Group, LLC, c/o Allison Bach, Dickinson Wright PLLC, 500 Woodward Avenue, Suite 4000, Detroit, MI 48226-5403 cr +Hartunian LLC, One Silverdome Industrial Park, Pontiac, MI 48342-2994 cr IRC Retail Centers, LLC, c/o Menter, Rudin & Trivelpiece, P.C., Attn: Kevin M.
    [Show full text]
  • What Is the Core of NIKE's Philosophy? We Believe in Potential
    Q: A: What is the core of NIKE’s We believe in potential, not philosophy? limits. The 4-minute mile was safe, until Roger Bannister. Lou Gehrig’s 2,130 straight games was safe, until Cal Ripken. No one would ever clear 29 feet in the long jump, until Bob Beamon. Nobody would ever beat Bob Beamon, until Michael Powell. That’s how it is with NIKE. We believe. Mark Parker President and Chief Executive Officer, NIKE, Inc. ON GROWTH . represent a more diversified This is really about maximizing business as part of an optimi- on the best opportunities for And we have a lot of both. So our mission is to take the How much more can NIKE grow? portfolio, and they help keep the our supply chain efficiencies zation plan, making sure we the company. There’s just a deep competitive things we do best and share I don’t believe in limits, but I NIKE brand focused, allowing and minimizing costs. Since leverage our resources, manage fire that makes us try to be a them with the world and, hope- believe in goals. Our goal is to us to develop new business op- 2001 we’ve had nine successful our costs, and invest wisely in What should shareholders leader in everything we do. fully, inspire and enable individ- reach $23 billion in revenue by portunities where we don’t want supply chain implementations. growth opportunities. understand about NIKE? uals to reach their potential. fiscal year 2011, and I’d say we’re the NIKE brand to go.
    [Show full text]
  • Alex Ovechkin Boosts Bauer Brand in Russian Play - the Globe and Mail 2015-12-16 5:28 PM
    Alex Ovechkin boosts Bauer brand in Russian play - The Globe and Mail 2015-12-16 5:28 PM Alex Ovechkin boosts Bauer brand in Russian play Alexander Ovechkin is a goal-scoring machine, having led the National Hockey League three times in the past six seasons. But the Russian superstar found himself in a slump in 2010— enough of a dry spell, in fact, that he resorted to extreme measures. Frustrated with the CCM sticks he’d been using as part of a multimillion-dollar endorsement deal, Ovechkin began experimenting with other manufacturers. In the high-priced world of sports endorsements, where athlete and brand are contractually wedded, it was as close to infidelity as you can get. To avoid the possibility of legal problems, Ovechkin covered the rival companies’ sticks in black spray paint to obscure their logos. For Ovechkin, it was an act of desperation. For CCM, which is owned by Reebok, a subsidiary of Adidas AG, it was a branding nightmare. But for another company, it was a golden opportunity. And the timing couldn’t have been better. Bauer Performance Sports—CCM’s long-time rival in hockey equipment—was laying the groundwork for a major push into Russia and Eastern Europe. The imminent Sochi Olympics would be the perfect spotlight: Hockey, after all, is a Winter Olympics glamour sport. All Bauer needed was a spokesman for its Russian invasion. Ovechkin, a celebrity in Moscow, would do nicely. When the two sides sat down to discuss an endorsement in the summer of 2011, the talks culminated in a six-year deal for untold millions (Bauer won’t discuss financial terms).
    [Show full text]
  • Ergebnisse 26. Mai 2018 46. Gutsmuths Rennsteig Lauf
    PROGRAMM ERGEBNISSE 26. MAI 2018 26.46MAI. GUTSMUTHS 2018 46. GUTSMUTHS RENNSTEIG RENNSTEIG LAUF MEDIENPARTNER:LAUF MEDIENPARTNER: 1 HIER DREHT SICH ALLES UM LEISTUNG Maximaler Verlust sind der Spieleinsatz und die Bearbeitungsgebühr. Spielteilnahme ab 18 Jahren. Glücksspiel kann süchtig machen. BZgA-Beratungstelefon Glücksspielsucht: 0800 137 27 00. 2 Infos unter spielen-mit-verantwortung.de · lotto-thueringen.de 46. GutsMuths-Rennsteiglauf FAZIT 46. GUTSMUTHS-RENNSTEIGLAUF Es war einer der warmen und trockenen dass dahinter jeder von Euch wieder eine 26. MAI 2018 Rennsteigläufe. Dies forderte Läufer und eigene kleine Geschichte im Buch der Helfer in gleichem Maß. Wie meist bei Rennsteiglauf-Erlebnisse geschrieben hat. solchen Temperaturen steigen die medizi- Wir sind unter anderem voller Dankbar- nischen Behandlungen und der Wasserver- keit gegenüber den Ersthelfern, die ohne zu brauch - wenn auch vielmals durch äußere zögern ihren Lauf unterbrochen haben, ihre statt innere Anwendung. Die durchschnitt- eigenen Ziele weit hintenan gestellt haben lichen Laufzeiten hingegen werden etwas und somit in Kombination mit den Kamera- länger. Doch nun zu den schönen Effekten: den der DRK-Bergwacht Thüringen einem Bereits morgens 6.00 Uhr auf dem Eise- Rennsteigläufer das Leben retteten. In die- nacher Marktplatz herrschten angenehme sem Zusammenhang ist es uns - wie schon Temperaturen, der Rennsteig präsentierte seit Jahren - ein Anliegen, Euch zu Gunsten sich in den schönsten Farben und das Flair Eurer eigenen Gesundheit zu sensibilisie- im schönsten Ziel der Welt war wieder ein- ren. Geht nur gesund und ausreichend mal unbeschreiblich. Dank eines Dreiklangs trainiert an den Start. Wählt eine Distanz aus über 1700 ehrenamtlichen Helfern, die auch in den von uns avisierten Zeiten euch Läufern und unseren engagierten geschafft wird.
    [Show full text]
  • Download Our IRDC 2021 Sponsor Prospectus
    2021 SPONSORSHIP PROSPECTUS PRESENTED BY SEPTEMBER 21 – 22, 2021 DENVER, COLORADO1 NO OTHER RETAIL EVENT CAN MATCH THE BENEFITS THAT IRDC DELIVERS. 3 INTERACTIVE SESSIONS Guests and sponsors experience IRDC together in a casual, relaxed environment centered around retail design dialogue and activities. You’ll enjoy plenty of opportunities for connections and fun to take place— including the wildly popular Iron Merchant Challenge. IT’S TIME TO GET OUT FROM 3 ENDLESS NETWORKING BEHIND OUR SCREENS! MOMENTS The retail design community needs to come together now more Naturally occurring networking with than ever to Rethink Retail! Whether it’s gaining inspiration from power influencers easily happens over breakfast, at lunchtime roundtables, each other and examining how we’re innovating and adapting or off-site receptions, and our planned learning how to discover opportunities in the new retail landscape Retail Inspiration Walking Tour. IRDC will keep you one step ahead to continuously delivering a su- 3 ACCESS perior experience at retail. At the end of it all, you’ll leave Denver with new business relationships, increased brand awareness, new friends Enjoy two productive days with key decision makers from top retail brands, design agencies and and memories, and the entire database architectural firms – all industry leaders who specify millions of dollars in visual merchandising of registrants. and store design products. 2 SEPTEMBER 21 – 22, 2021 DENVER, COLORADO irdconline.com VMSD’S PREMIER EDUCATION AND NETWORKING EVENT IN RETAIL DESIGN 3 YEAR AFTER YEAR, IRDC ATTRACTS THE WHO’S WHO OF RETAIL Senior-level designers, architects, store planners and visual merchandisers—all searching for ideas and solutions for reimagining in-store experiences.
    [Show full text]
  • Facility Layout of Nike Shoes
    Introduction • Nike, Inc. is an American multinational corporation that is engaged in the design, development and worldwide marketing and selling of footwear, apparel, equipment, accessories and services • The company takes its name from Nike, the Greek goddess of victory • It is the world's leading supplier of athletic shoes and apparel and a major manufacturer of sports equipment • The brand alone is valued at $10.7 Billion making it the most valuable brand among sports businesses Products • Their first products were track running shoes • They currently also make shoes, jerseys, shorts, baselayers, etc. for a wide range of sports, including track and field, baseball, ice hockey, tennis, association football (soccer), lacrosse, basketball, and cricket • Nike recently teamed up with Apple Inc. to produce the Nike+ product that monitors a runner's performance via a radio device in the shoe that links to the iPod nano PORTFOLIO OF BRANDS • Converse Inc. • Hurley International • Jordan Brand • Nike Golf • Sold Starter in 2007 and Bauer Hockey in 2008 • The company sold Umbro in 2012 and Cole Haan in 2013 The Making of the Shoes 1) The Design Process -establish target price, target audience and product features -produce "tech package" to send to subcontractors in factories in Europe and Asia 2) Supplies A. Raw Materials -fabric -plastic -rubber -foams -metallics B. Textiles and Leathers 3) Cutting In this department, the top part of the shoe or the "upper" is made 4) Sewing (of upper section above the sole) In this process, the upper portion is sewed into a design form 5) Stock fitting (prepares the sole) The sole of the shoes are prepared in this process.
    [Show full text]