Indonesia is the third biggest producer of Nike goods, after Vietnam and China, with 40 factories employing 171,000 people.
Does Nike have factories in Indonesia?
Indonesia has 30 Nike subcontract factories that have a combined workforce of 115,000. Nike has publicly release the location of three of these factories.
Why does Nike have so many factories in Indonesia?
Nike â€“ the shoe company that produces those famous athletic shoes â€“ set up factories in Indonesia because of the low wages there. Today, typical workers can earn the equivalent of around $3.50 per day, which for a six day work-week amounts to $21. This is equivalent to P861 per week (at P41 – $1), P3,444 per month.
How much do Nike factory workers get paid in Indonesia?
Much of Adidas’ and Nike’s sportswear is made in Indonesia, where 80 percent of workers in the garment sector are women and some make as little as 86 euros ($102) a month while others do not earn the legal minimum wage, according to the CCC’s report.
Where are Nike factories located?
Most of the factories are located in Asia, including Indonesia, China, Taiwan, India, Thailand, Vietnam, Pakistan, Philippines, and Malaysia. Nike is hesitant to disclose information about the contract companies it works with.
Who is the boss of Nike?
John Donahoe (Jan 2020–)
How many countries does Nike use 2020?
We sell our products in 170 countries. We have more than 30,000 worldwide employees. We have a dozen brands that serve more than 30 major sports and consumer lifestyles. We work with 600+ factory partners.
Does China own Nike?
Nike is at 19% of their business in China … the moral of the story is China doesn’t care.
What country is Nike from?
Does Nike use child labor?
Since the 1970s, Nike, Inc. has been accused of using sweatshops to produce footwear and apparel. It was built on the business model of finding the lowest cost of labour possible which led to child labour and exploitation. … Beginning in 2002, Nike began auditing its factories for occupational health and safety.
Is labor cheap in Indonesia?
Some studies have found Indonesia’s wage costs to be the lowest in Asia, a factor that has attracted footwear and textile firms in recent years to relocate to Indonesia from China and Vietnam in recent years.
How many people work in Nike in Indonesia?
Indonesia is the world’s third-biggest producer of Nike footwear and apparel, after Vietnam and China, with 40 factories in the country employing 171,000 workers producing Nike goods.
How much do Adidas factory workers get paid in Indonesia?
Workers are paid as little as 60 cents an hour and there have been dramatic rises in the cost of living in Indonesia.
How does Nike pronounce Nike?
The correct way to pronounce “Nike” is so that it rhymes with “spiky”.
What does Nike stand for?
In Greek mythology, Nike is the Winged Goddess of Victory. The logo is derived from goddess’ wing,’swoosh’, which symbolises the sound of speed, movement, power and motivation. Agencies.
Is Converse owned by Nike?
On September 4, 2003, Nike (NYSE: NKE) acquired Converse for $315 million – two years after the latter filed for bankruptcy. Converse had annual sales of just over $200 million at the time of acquisition. Fast forward 16 years to Nike’s fiscal year 2019 – Converse sales have ballooned to nearly $2 billion.