Nike is widely recognized for its product innovation in footwear and athletic products and we invest heavily to provide performance products to our consumers. It is deeply frustrating and inappropriate when companies borrow or refashion such technologies as their own without making similar investments.

Nike often reinvests its revenues into research and development of such new products. Understandably, Nike and its shareholders cannot allow infringement to occur unchallenged.

It is deeply frustrating and inappropriate when companies borrow or refashion such technologies as their own without making similar investments.

Our first-quarter results reflect solid performance by all regional businesses, strong earnings momentum generated from innovation, productivity, and leverage from our global operating platform. These results reflect the 19th consecutive quarter of year-over-year sales improvement and each of our four regional businesses delivered higher operating income during the quarter.

In a world of change, the learners shall inherit the earth, while the learned shall find themselves perfectly suited for a world that no longer exists.

The innovation indicators vary depending on who is doing the measuring, and how they are measuring. It’s contextual.