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Nike, Inc.

Nike, Inc.
Public
Traded as
Industry Apparel, accessories
Founded January 25, 1964; 52 years ago (1964-01-25)
(as Blue Ribbon Sports)
1971 (as Nike, Inc.)
Founder Bill Bowerman
Phil Knight
Headquarters Washington County, Oregon, United States
(Near Beaverton, Oregon)
Area served
Worldwide
Key people
Phil Knight
(Chairman Emeritus)
Mark Parker
(Chairman, President & CEO)
Products Athletic footwear and apparel, sport equipments and other athletic and recreational products
Revenue IncreaseUS$30.601 billion (2015)
IncreaseUS$4.175 billion (2015)
IncreaseUS$3.273 billion (2015)
Total assets IncreaseUS$21.600 billion (2015)
Total equity IncreaseUS$12.707 billion (2015)
Number of employees
62,600 (2015)
Website www.nike.com

Nike, Inc. (official, US /ˈnki/; also, non-US /ˈnk/) 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. The company is headquartered near Beaverton, Oregon, in the Portland metropolitan area. 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). As of 2012, it employed more than 44,000 people worldwide. In 2014 the brand alone was valued at $19 billion, making it the most valuable brand among sports businesses.

The company was founded on January 25, 1964, as Blue Ribbon Sports, by Bill Bowerman and Phil Knight, and officially became Nike, Inc. on May 30, 1971. The company takes its name from Nike, the Greek goddess of victory. 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. Nike also owned Bauer Hockey (later renamed Nike Bauer) between 1995 and 2008, and previously owned Cole Haan and Umbro. In addition to manufacturing sportswear and equipment, the company operates retail stores under the Niketown name. Nike sponsors many high-profile athletes and sports teams around the world, with the highly recognized trademarks of "Just Do It" and the Swoosh logo.


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