"Wimbledon." By mid-1986 Nike was reporting that. In addition to its shoe business, the company b egan to make and market a line of sports clothing, and the Nike Air s hoe cushioning device was introduced. In 1978 bogsfootwear com coupon code the company changed its name to Nike, Inc. International sales were expanded when m arkets in Asia were opened in 1977 and in South America the following year. The picture at Nike soon turned sour, however, as the Asian financial crisis that erupted in the summer of 1997 sent sneaker sale s in that region plunging. On the product side, Nike successfully overhaule d its apparel operations, garnered surging sales of its golf equipmen t after Woods began using Nike golf balls in 2000, and made a big pus h in the soccer shoe market, where it gained the top spot. To become chief financial off icer in 1999 after Nike inexplicably had been without a CFO for two y ears. Nike was also dogged throughout the late 1990s by protests and boycot ts over allegations regarding the treatment of workers at the contrac t factories in Asia that employed nearly 400,000 people and that made the bulk of Nike shoes and much of its apparel. 59-62, 64, 66,.
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Also during this period, Nik e signed its next superstar spokesperson, Tiger Woods. Nike next bought star vista coupon Converse Inc. In July 1992 Nike opened its second NikeTown retail store in Chicago. Late in 2004 Knight stepped aside from his executive positio n, while remaining chairman, to bring William. The company held about 3 0 percent of the.S.