Nike closes stores, commits 15 million to Covid-19 community response

Nike has announced it is closing stores across several countries including the US, Canada, Australia, and Newzealand and committed more than $15 million to Covid-19 response efforts in the US and local communities overseas where Nike employees live and work. It has also taken additional steps to protect its employees from Coronavirus.

Responding to the Covid-19 crisis, Nike closed its stores in multiple countries including the United States, Canada, Western Europe, Australia, and New Zealand effective from March 16 to March 27. Meanwhile, customers can shop from the Nike website and apps. Nike also adopted additional measures like allowing employees to work from home, staggered work schedules, social distancing, and additional safety and cleaning steps. However, company-owned stores of Nike are still operational in several countries including South Korea, Japan, and most of China where they will operate normally.

Nike and its leaders have committed more than $15 million to Covid-19 community response efforts. In a press release, it stated,

NIKE, Inc. Chairman Emeritus and co-founder Phil Knight and wife Penny; NIKE, Inc. Executive Chairman of the Board Mark Parker and wife Kathy; and NIKE, Inc. President and CEO John Donahoe and wife Eileen, are personally donating a combined $10 million to the following: $1 million to the Oregon Food Bank, $2 million to the Oregon Community Recovery Fund created by the Oregon Community Foundation, and $7 million to Oregon Health & Science University to improve statewide care coordination in Oregon, increase patient access, and ramp up operational readiness for expanded diagnostic testing for COVID-19.  

Nike Press Release.

Nike has also announced a $1 million donation to the global COVID-19 Solidarity Response Fund, created by the United Nations Foundation and Swiss Philanthropy Foundation, for funding efforts across several countries fighting Coronavirus. The company is also donating to several regional Covid-19 response funds across the US and to support community partners across Europe, the Middle East, and Africa. Apart from the 415 million, the company had announced a donation of $1.4 million earlier in January for China Youth Development Foundation to help the frontline workers with supplies and equipment for treating Coronavirus patients. Nike has also announced that it will support a two to one match for any donations to support Covid-19 responses in the communities where Nike employees work and live.