"Nike, Inc. is an American international corporation that is participated in the design, development, production, as well as globally advertising as well as sales of shoes, clothing, equipment, accessories, as well as solutions. The company is headquartered near Beaverton, Oregon, in the Rose city city. It is the world's largest distributor of athletic shoes as well as garments [4] and a major supplier of sporting activities devices, with earnings over of US$ 24.1 billion in its fiscal year 2012 (ending May 31, 2012). Since 2012, it employed more than 44,000 people worldwide. In 2014 the brand alone was valued at $19 billion, making it the most beneficial brand name among sporting activities companies. Since 2017, the Nike brand name is valued at $29.6 billion. Nike ranked No. 89 in the 2018 Ton of money 500 checklist of the biggest USA companies by total revenue.

The business was founded on January 25, 1964, as Blue Ribbon Sports, by Expense Bowerman and Phil Knight, and formally ended up being Nike, Inc. on May 30, 1971. The company takes its name from Nike, the Greek goddess of victory. Nike markets its items under its own brand, along with Nike Golf, Nike Pro, Nike+, Air Jordan, Nike Blazers, Air Force 1, Nike Dunk, Air Max, Foamposite, Nike Skateboarding, Nike CR7, and also subsidiaries including Brand Jordan, as well as Converse. Nike likewise owned Bauer Hockey (later on renamed Nike Bauer) from 1995 to 2008, and also previously had Cole Haan Umbro, and also Hurley International. Along with making sports apparel and also tools, the business runs stores under the Niketown name. Nike funds numerous high-profile athletes as well as sports teams around the globe, with the very identified trademarks of "" Simply Do It"" as well as the Swoosh logo design. "