![Phil Knight, Chairman of Nike, speaks at the Nike and Apple product collaboration press announcement held at the Chelsea Piers on May 23, 2006 in New York City, NY, USA. Photo by Phil Knight, Chairman of Nike, speaks at the Nike and Apple product collaboration press announcement held at the Chelsea Piers on May 23, 2006 in New York City, NY, USA. Photo by](https://c8.alamy.com/comp/2E9AE29/phil-knight-chairman-of-nike-speaks-at-the-nike-and-apple-product-collaboration-press-announcement-held-at-the-chelsea-piers-on-may-23-2006-in-new-york-city-ny-usa-photo-by-gregorio-binuyacameleonabacapresscom-2E9AE29.jpg)
Phil Knight, Chairman of Nike, speaks at the Nike and Apple product collaboration press announcement held at the Chelsea Piers on May 23, 2006 in New York City, NY, USA. Photo by
![Two Chinese workers replace light bulbs on a huge billboard advertising Nike's latest running shoe in downtown Beijing, China on January 23, 2006. Market competition among multinational sports giants is extremely hot Two Chinese workers replace light bulbs on a huge billboard advertising Nike's latest running shoe in downtown Beijing, China on January 23, 2006. Market competition among multinational sports giants is extremely hot](https://c8.alamy.com/zooms/6/6fd4505482974770807ab9d18e1ecb18/w00e47.jpg)
Two Chinese workers replace light bulbs on a huge billboard advertising Nike's latest running shoe in downtown Beijing, China on January 23, 2006. Market competition among multinational sports giants is extremely hot
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![Sep 22, 2006; Portland, OR, USA; The children's version of the Nike Airmax 360 is displayed at the Niketown store in downtown Portland. Nike is a major American manufacturer of athletic shoes, Sep 22, 2006; Portland, OR, USA; The children's version of the Nike Airmax 360 is displayed at the Niketown store in downtown Portland. Nike is a major American manufacturer of athletic shoes,](https://c8.alamy.com/comp/DP5RDY/sep-22-2006-portland-or-usa-the-childrens-version-of-the-nike-airmax-DP5RDY.jpg)