From the Eyes of a UBC Student

Can the Swoosh Be Forgiven?

Nike has suffered major scrutiny the last couple years for the maltreatment of their outsourced employees and unethical labour practices. Because of this public shaming, Nike’s brand image has been tainted and their sales have suffered. However, the company has worked hard to rebuild their image.

Honesty and transparency are now a priority for the global brand. They have completely open to the labour issues that they have faced and are taking steps to improve them. By raising their minimum wage, improved work site safety and ensuring clean air, Nike is trying to make a change and communicate thus to their customers. See: http://www.businessinsider.com/how-nike-fixed-its-sweatshop-image-2015-6, for more details.

But is it enough? Can a company that was so incredibly unethical repair their image by simply being transparent? Nike did not think so. On Monday, February 22nd, Philip Knight, the co founder and chairman of Nike gave 400 million dollars to Stanford University. The money is intended for recruited graduate students from around the world to address some of the globe’s major economic and environmental problems (poverty and climate change).

See: http://www.nytimes.com/2016/02/24/business/philip-knight-of-nike-to-give-400-million-to-stanford-scholars.html?ref=topics&_r=0

This donation will hopefully improve Nike’s brand image in the eyes of their target customers. By donating such a large amount of money, Nike is communicating their commitment to real change to, not only their current consumers, but hopefully new ones as well. Nike is showing the world that they are not as concerned about profit alone and that they are willing to give up $400 dollars in order to help society as a whole. Hopefully, through this act, Nike will be able to shift their image to more sustainability minded company, rather then one that is known for the maltreatment of their employees.

 

 

 

 

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