NIKE’s General Company Analysis Based on It 2020 Annual Report
- 10.2991/aebmr.k.210319.148How to use a DOI?
- NIKE, SWOT analysis, epidemic situation, company analysis, sporting goods industry
The year 2020 is a gathering of world sports events, such as the Olympic Games, the European Cup. Due to the COVID-19 outbreak this year, various kinds of professional sports competitions have been canceled or postponed, thus the sports industry has been hit all over the world. NIKE, an American brand, which has been the leader of the sporting goods industry for years, is also affected by the explosion of COVID-19. In the report of NIKE 2020, the great changes in NIKE’s financial performance reveal the economic impacts that were caused by the global epidemic situation. By collecting data and interpreting the official annual financial report, NIKE’s financial performance, the company’s strengths, weaknesses, opportunities, and threats in 2021 were analyzed in this article. Besides, with NIKE as an example that reflects the trend of the sports industry and develops online digital services, this article can be a reference for the sports industry to run better businesses in the future.
- © 2021, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Xuqing Liu PY - 2021 DA - 2021/03/22 TI - NIKE’s General Company Analysis Based on It 2020 Annual Report BT - Proceedings of the 6th International Conference on Financial Innovation and Economic Development (ICFIED 2021) PB - Atlantis Press SP - 799 EP - 803 SN - 2352-5428 UR - https://doi.org/10.2991/aebmr.k.210319.148 DO - 10.2991/aebmr.k.210319.148 ID - Liu2021 ER -