Does Nike treat their employees well?
On a positive note, the company is Fair Labor Association (FLA) Workplace Code of Conduct certified, and received a score of 51-60% in the Fashion Transparency Index.
Who works in Nike factories?
Nike’s manufacturing map shows that the factory has 4,095 employees, of whom 3,445 are “line workers.”
How many workers does Nike have in Vietnam?
The five Nike factories in Vietnam, owned by Korean and Taiwanese subcontractors, employed over 35,000 people, predominantly young women, who left village farms to earn better wages.
How many hours a week do Nike factory workers work?
Factory jobs may require women to work long hours, ranging from nine to fourteen hours per day, six days a week. They are severely limited in the amount of time they can take off and are forced to work overtime on several occasions during the week.
How much does Nike make a year?
In 2020, Nike’s global revenue amounted to about 37.4 billion U.S. dollars….Nike’s revenue worldwide from 2005 to 2020 (in million U.S. dollars)
| Characteristic | Revenue in million U.S. dollars |
|---|---|
| 2019 | 39,117 |
| 2018 | 36,397 |
| 2017 | 34,350 |
| 2016 | 32,376 |
What is Nike’s gross profit margin?
In 2020, Nike’s global gross profit margin amounted to about 43.4 percent….Nike’s gross margin rate worldwide from 2014 to 2020.
| Characteristic | Gross margin rate |
|---|---|
| 2020 | 43.4% |
| 2019 | 44.7% |
| 2018 | 43.8% |
| 2017 | 44.6% |
What is Nike’s net income?
2.54 billion USD (2020)
What was Nike net income in 2020?
about 2.54 billion U.S. dollars
What is Adidas net income?
1.702 billion EUR (2018)
Is net income the same as net profit?
Typically, net income is synonymous with profit since it represents the final measure of profitability for a company. Net income is also referred to as net profit since it represents the net amount of profit remaining after all expenses and costs are subtracted from revenue.
What is a good net income percentage?
An NYU report on U.S. margins revealed the average net profit margin is 7.71% across different industries. But that doesn’t mean your ideal profit margin will align with this number. As a rule of thumb, 5% is a low margin, 10% is a healthy margin, and 20% is a high margin.
What is my net income?
Net income is your take-home pay after taxes and other payroll deductions. Your net income, the amount on your paycheck, is what’s used to make your budget.