4/13/2005

Nike Exposed

Nike has disclosed the location of 700 plants. This is a big step for the industry to voluntarily disclose that information. Nike admitted to harassing some workers and having other work overtime. Now that Nike has allowed that information to be addressed to the public. Activist want to have independent observers to check out he plants working conditions. With Nike releasing this information, it seems that it will put further pressure on other companies to release information about their oversea manufacturers. If pressure from activist can make Nike reveal their manufacturers overseas, wouldn’t that kind of pressure also end up making Nike build better plants and paying employees higher wages. Nike has a name to protect; I think now that they have been exposed they will have to be aware of how their demand will fluctuate after such findings.

6 comments:

ron said...

Quite possibly that pressure will cause Nike to build better plants and pay higher wages. Unfortunately it will also cause me to pay more for my tennis shoes. I hope that other comapanies continue to pay low wages operate in poor conditions and in foreign countries so I can continue to get good deals on shoes.

Fred said...

The thing is, overseas, other nations don't have all of the same laws applicable to minimum wage and other pro-citizen requirements that the U.S. has. I would imagine Nike's executives are probably much smarter than will reveal. They didn't make it to the top of the number one sports shoe company in the world for nothing.

Dr. Tufte said...

-1 on Marie's post, and Ron's and Fred's comments for spelling errors.

I think this is a move in the right direction. There is little reason for Nike to keep the locations of plants secret - this is not normal behavior for firms - unless they have something to hide.

nick said...

Subterfuge for a bigger lie methinks

Dr. Tufte said...

It takes a highly developed sense of suspicion to think that the revelation of information that others have clamored for somehow amounts to hiding something else.

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