Nike : Partners with the City of Portland on BIKETOWN
January 07, 2016 at 12:44 pm
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For more than 40 years, Nike has called the greater Portland area home. Beyond centering its headquarters in the region, the company has both committed to and developed strong ties within the community.
'We're proud of our long history of partnership with the City of Portland and believe that the BIKETOWN bike share program is one more example of how we can work together to help make Portland an even more active, vibrant and innovative community - goals Nike and the City of Portland share,' said Nike Vice President of Global Community Impact Jorge Casimiro.
Nike extends this heritage through a new partnership with the City of Portland, including the Portland Bureau of Transportation, as the sole sponsor of the City of Portland Bike Share Program called BIKETOWN. The partnership, which includes $10 million over five years, will increase the number of bikes in the Portland Bike Share Program from the 600 that were initially planned to 1,000. Additionally, Nike is contributing designs for BIKETOWN's stations, the visual bike identity and digital branding.
Nike Inc. issued this content on 2016-01-07 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 2016-01-07 17:43:16 UTC
Original Document: http://news.nike.com/news/portland-bike-share
Nike, Inc. specializes in the design, manufacturing and marketing of sports shoes, clothing, and equipment. The group's products are sold primarily under the names Nike, Jordan, Converse Chuck Taylor, All Star, One Star, Star Chevron and Jack Purcell. Net sales break down by family of products as follows:
- footwear (68.9%);
- clothing (27.2%);
- sports equipment (3.4%): golf equipment (golf clubs, balls, gloves, etc.), bags, balls, etc.;
- other (0.5%).
At the end of May 2023, products were being marketed through a network of 1,032 stores worldwide, through independent distributors, and via the Internet.
Net sales are distributed geographically as follows: North America (44.3%), Europe/Middle East/Africa (27.5%), China (14.9%), Asia/Pacific and Latin America (13.2%) and other (0.1%).
NIKE, INC. 
