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Nike announced the new strategy for its partnership with the LIVESTRONG foundation, created by Lance Armstrong, a famous road racing cyclist, to fight for the 28 million people around the world living with cancer today.

source: nike.com/livestrong


Firstly, the partnership becomes global. Nike is preparing for the international expansion for the Nike LIVESTRONG collection, starting in July 2010. It also features a guaranteed annual payment and the potential for additional funding as sales from the collection grow.

It should be marked that their collaboration helped to raise more than $80 million for LIVESTRONG. As for the Nike LIVESTRONG collection, it could be seen at nike.com/livestrong (pic.) along with iconic yellow LIVESTRONG wristbands firstly created in 2004.

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