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Wednesday, August 26, 2009

High Revenues for Nike





Overall, despite all of these bad publicities for the Nike brand, and the idea that consumers would rather shop from ethical and socially responsible companies, Nike’s annual revenues have increased from $6.4 billions in 1996 to nearly $17 billions in 2007. This is not a good sign. As members of the community and as consumers with the power to choose what we can buy and what we should buy, we ought to re-consider where we should shop and how we can be ethical when we need to buy a new pair of runners.