Chemoreceptor. Definition. noun, plural: chemoreceptors. (1) A sensory nerve cell or sense organ, as of smell, or taste, that are able to detect and respond to chemical stimuli. (2) A sensory receptor that detects chemical stimuli in the environment and relay that information to the central nervous system.
In July 2003, Nike paid $309 million to acquire Converse. Nike approached the 1980s revival around 2005 to relaunch the footwear of choice of that decade, and the Chucks quickly became a cultural phenomenon once again.
Analysis of the merger of Nike and Reebok. Nike, Adidas and Reebok are the best brands in the sports wear companies. Nike being the leader of the global market had the highest market share of 32.9% in 2005, in order to break Nike and capture the market Adidas the 2nd best company after Nike decided acquire reebok.