Premise: Nike , Inc. ( official , [ ˈnaɪki ] also , non-US [ ` naɪk ] ) is an American multinational corporation that is engaged in the design , development , manufacturing , and worldwide marketing and sales of footwear , apparel , equipment , accessories , and services . It is one of the world 's largest suppliers of athletic shoes and apparel and a major manufacturer of sports equipment , with revenue in excess of US$ 24.1 billion in its fiscal year 2012 ( ending May 31 , 2012 ) . Nike markets its products under its own brand , as well as Nike Golf , Nike Pro , Nike + , Air Jordan , Nike Blazers , Air Force 1 , Nike Dunk , Air Max , Foamposite , Nike Skateboarding , and subsidiaries including Brand Jordan , Hurley International and Converse . In addition to manufacturing sportswear and equipment , the company operates retail stores under the Niketown name .
Hypothesis: NIke does not manufacture sports equipment.
Label: ENTAILMENT