Nike had been accused of using sweatshops to produce its sneakers and activewear since the 1970s, but it was only in 1991 when activist Jeff Ballinger published a report detailing the low wages and poor working conditions in Nike’s Indonesian factories that the sportswear brand came under fire.
What did Nike do that was bad?
Nike had been accused of using sweatshops to produce its sneakers and activewear since the 1970s, but it was only in 1991 when activist Jeff Ballinger published a report detailing the low wages and poor working conditions in Nike’s Indonesian factories that the sportswear brand came under fire.
How much did Nike stock drop after kaepernick?
Don’t Blame Kaepernick, But Nike Stock Dropped 4% After Its Earnings Report Was Released. Nike’s stock tumbled more than 4% late Tuesday after the company reported earnings that were slightly better than analyst forecasts.