Move designed to strengthen product innovation, inventory management and marketing impact leading into the NHL season, World Junior Hockey Championships and the 2006 Torino Winter Olympic Games.
Company also donates $1.2 million in product to Memphis area charities providing assistance to Hurricane Katrina victims; over $5 million in cash and product donated nationally.
Sales gains across all regions and product business units. Worldwide futures orders up 11 percent.
Company donates $46.1 million in cash, product and in-kind services in fiscal year 2005.
Joins Nike, US Soccer Foundation and City of Los Angeles in dedicating renovated soccer field made with recycled athletic shoe material from Nike's Reuse-A-Shoe program.
Footwear and apparel line brings new life to LIVESTRONG campaign.
NIKE, Inc. reports double-digit revenue growth for fiscal 2005; EPS up 28 percent to $4.48; Worldwide futures orders increase 9.5 percent.
Cash gift includes support for expansion of Summer Playgrounds Program and NikeGO cards for use by low-income youth; Combined funds will benefit thousands of kids participating in numerous active recreation programs across Portland.
In commemoration of 10 years of manufacturing in Dong Nai province, Nike Vietnam and its contract footwear manufacturers donate soccer field made of recycled shoes; establish scholarship fund.