Utilize the input text as a context reference, choose the right relationship between swoosh and Nike from the options. Options: product/material produced, manufacturer, distributed by, industry, position held, original broadcaster, owned by, founded by, distribution format, headquarters location, stock exchange, currency, parent organization, chief executive officer, director/manager, owner of, operator, member of, employer, chairperson, platform, subsidiary, legal form, publisher, developer, brand, business division, location of formation, creator.

Recovery started, came out good, heading in that sort of Nike swoosh direction and then stall to a certain degree in July, but stalled at that higher level.

Answer: owned_by