‘Nike Is a Brand That Is of China and for China,’ Company’s CEO Says
Company has recently been under fire over concerns of forced labor in communist China
BY
SAMUEL ALLEGRI
June 26, 2021 Updated: June 29, 2021
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Nike’s chief executive said that the corporation is a “brand that is of
China,” amid recent allegations of the company being connected to human rights violations conducted by the Chinese Communist Party (CCP).
“Nike is a brand that is of China and for China,” CEO John Donahoe told Wall Street analysts last week in response to a question about competition from Chinese companies during a call about fourth-quarter earnings, the
BBC reported.