Stocks / NYSE / Nike, Inc.

Nike, Inc.

Our Opinion

Nike Inc. is on the Cruelty Free Investing list for exploiting animals because they manufacture and market shoes and accessories made from leather.

Supporting Evidence:

As per Nike Inc’s 2014-15 Sustainability Report which identified leather as one of Nike’s key products. It said, “Four of our top-volume materials – polyester, cotton, leather and synthetic leather – are found in 98% of our products.” Read the full document

Company Description

NIKE, Inc. engages in the design, development, marketing, and sale of sports and lifestyle footwear, apparel, and equipment, accessories and services. Its athletic footwear products are designed primarily for specific athletic use, although a large percentage of the products are worn for casual or leisure purposes. The company focuses on NIKE Brand and Brand Jordan product offerings in seven key categories: running, basketball, football, men’s training, women’s training, NIKE sportswear, and action sports. It also markets product designed for kids, as well as for other athletic and recreational uses such as baseball, cricket, golf, lacrosse, outdoor activities, football, tennis, volleyball, walking, and wrestling. The company sells a line of performance equipment under the NIKE Brand name, including bags, socks, sport balls, eyewear, timepieces, digital devices, bats, gloves, protective equipment, golf clubs, and other equipment designed for sports activities. NIKE was founded by William Jay Bowerman and Philip H. Knight in 1964 and is headquartered in Beaverton, OR. [Source: MarketWatch]

Company Website: http://www.nike.com