![]() ![]() Additionally, Nike teamed up with the famous basketball player to help design the “Air Jordan 1 Shoes”. Their collaboration resulted in “ Air Jordan 1 Shoes”. Nike’s long-term partnership with Michael Jordan has proved to be beneficial in terms of sales for the company. The CEO ensures that Nike will help to contribute in finding a solution against these environmental issues. ![]() Nike’s CEO Mark Parker has addressed that they will continue to acknowledge the environmental issues in the communities. Due to its huge popularity, Nike’s market cap has grown to $193 billion as of April 2023. ![]() Nike has millions of customer from around the world who loyally follow Nike’s trends, participate in Nike events, and even provide customer feedback. According to Interbrand global brand ranking report, Nike is ranked at # 10 position with a brand value of $50.2 Billion. Its swoosh symbol is easily recognized by everyone. Nike is one of the most recognizable brands in the world as its name alone is memorable, easy to pronounce, and very unique. Nike’s Strengths – Internal Strategic Factorsġ. ![]()
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