Affiliates of Apollo Global Management and NIKE, Inc. Announce Strategic Partnership for Apparel Manufacturing in the Americas

Affiliates of Apollo Global Management and NIKE, Inc. Announce Strategic Partnership for Apparel Manufacturing in the Americas

NEW YORK and BEAVERTON, ORE (Business Wire) – Funds affiliated with Apollo Global Management, LLC (NYSE: APO) (together with its consolidated subsidiaries, “Apollo”) and NIKE, Inc. (NYSE: NKE) today announced that Nike and affiliates of Apollo have entered into a strategic partnership regarding the apparel supply chain in the Americas. This innovative strategic partnership will increase regional manufacturing capabilities, enable quicker delivery of more customized product to consumers, and drive investment in sustainability.