Post by Wenokur Riordan PLLC

"When people think about Nike’s early years, they key-in on scrappy innovation, gutsy marketing, and eventually, everyone wanting to Be Like Mike. But the true story of those early years doesn’t lie in the headline-making moves, it was that Nike was on the verge of collapse—time and time and time again...for years, Nike walked a financial tightrope. Rapid growth required larger production runs, more overseas manufacturing, and as a result, more and more financing. Oddly, counterintuitively, the faster Nike’s sales climbed, the worse the financial strain became." Continue reading here: https://lnkd.in/eyrdFdG6