Snapshot
November 06, 2014

Nike signs on as official sponsor for Rio 2016 Olympics

Participating in this sponsorship deal:

Nike logo Open uri20141112 64162 1wdppsp?1415811730

About Sponsor:

Nike, Inc. is a major publicly traded sportswear and equipment supplier based in the United States. The company is headquartered near Beaverton, Oregon, which is part of the Portland metropolitan area. It is the world's leading supplier of athletic shoes and apparel and a major manufacturer of sports equipment, with revenue in excess of US$18.6 billion in its fiscal year 2008 . As of 2008, it employed more than 30,000 people worldwide. Nike and Precision Castparts are the only Fortune 500 companies headquartered in the state of Oregon, according to The Oregonian.

About Property:

The 2016 Summer Olympics (Portuguese: Jogos Olímpicos de Verão de 2016),[a] officially known as the Games of the XXXI Olympiad, and commonly known as Rio 2016, is a major international multi-sport event in the tradition of the Olympic Games as governed by the International Olympic Committee, being held in Rio de Janeiro, Brazil.

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Published March 30, 2012 Nike has signed a sponsorship agreement with Rio 2016 and the Brazilian national team, scoring a major corporate victory in the race for market share in fast-growing Brazil.
Read more at www.sportsbusinessdaily.com »
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