Nike, the sporting goods company, is known for its cutting edge sportswear and its logo is one of the most recognized worldwide. For the large amount years, it stands one of top sports shoes level till now and lasting in the future.
However, it has been in the news for all the wrong reasons lately. The company has received a lot of flak about its manufacturing practices, more specifically, the use of sweatshops in the developing world. The charges leveled against this international sporting goods manufacturer is that it utilizes unfair trade practices in order to manufacture its range of products that are then sold in Western nations at extremely high prices. Some part of this statement certainly is true. The shoes and apparel are made in countries like the Honduras, Vietnam etc where the wages paid are a fraction of what they would be in the United States or Europe. The workers, mostly women, do not get most of the benefits that their counterparts in the developed can avail of.
This business practice of Nike, and of many other manufacturers, has been at the receiving end of so much condemnation in the media. Some people have boycotted the use of these brands, although it is safe to say that there are not too many companies that do not do the same. People may all know the truth in the world.
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