Nike Replaces Mizuno As Official IOC Supplier
Nike has taken over from Mizuno as the official clothing supplier of the International Olympic Committee, which will see the US brand supplying attire until the end of 2016 – a period including both the 2014 Winter Olympic and Paralympic Games in Sochi and the 2016 Summer Games in Rio de Janeiro.
Japan’s Mizuno had been performing the role since 1995, while Nike is already a sponsor and an official outfitter of the United States Olympic Committee.
According to media reports, Mizuno did not renew the official supplier agreement because of Tokyo’s bid for the 2020 Summer Olympic and Paralympic Games.
The company had wanted to be an official partner of Tokyo’s previous unsuccessful bid for the 2016 Games, but had been prevented by its status as official supplier to the IOC.
However, this time around, the group has decided to become a partner of Tokyo’s 2020 bid after its agreement with the IOC was dissolved on 31st August.
The company was unveiled as Tokyo 2020’s fifth official bid partner a week later.
