Loop Industries Signs Long-Term Supply Agreement with Nike
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 10 2025
0mins
Should l Buy NKE?
Loop Industries and Nike Partnership: Loop Industries has signed a multi-year offtake agreement with Nike to supply its Twist circular polyester resin, made from textile waste.
Sustainable Manufacturing Initiative: The agreement positions Nike as the anchor customer for Loop's Infinite Loop India manufacturing facility, highlighting both companies' commitment to sustainable innovation.
Impact on Product Lines: Loop's Twist resin will help reduce the reliance on virgin and recycled flake polyester in Nike's products, promoting a more sustainable supply chain.
Commercialization Strategy: This partnership is a significant step in Loop's commercialization strategy, reinforcing its role in the textile recycling industry.
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Analyst Views on NKE
Wall Street analysts forecast NKE stock price to rise
21 Analyst Rating
14 Buy
7 Hold
0 Sell
Moderate Buy
Current: 55.700
Low
62.00
Averages
76.11
High
110.00
Current: 55.700
Low
62.00
Averages
76.11
High
110.00
About NKE
NIKE, Inc. is engaged in the designing, marketing and distributing of athletic footwear, apparel, equipment and accessories and services for sports and fitness activities. The Company's operating segments include North America; Europe, Middle East & Africa (EMEA); Greater China; and Asia Pacific & Latin America (APLA). It sells a line of equipment and accessories under the NIKE Brand name, including bags, socks, sport balls, eyewear, timepieces, digital devices, bats, gloves, protective equipment and other equipment designed for sports activities. It also designs products specifically for the Jordan Brand and Converse. The Jordan Brand designs, distributes and licenses athletic and casual footwear, apparel and accessories predominantly focused on basketball performance and culture using the Jumpman trademark. The Company also designs, distributes and licenses casual sneakers, apparel and accessories under the Chuck Taylor, All Star, One Star, Star Chevron and Jack Purcell trademarks.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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