Nike is a large transnational corporation headquartered in Oregon that employs over 700,000 contract workers in 700 factories worldwide, more than 75% located in Asia where labor costs are lower. Nike subcontracts factories to produce its products then sells the shoes to retailers, marking them up 100% each time to cover costs and make a profit. While this model creates jobs and economic growth in host countries, it has also led to issues like abusive working conditions, suspected child labor, cultural impacts, and environmental strain.