"Nike, Inc. is an American international company that is participated in the design, growth, manufacturing, and also around the world advertising and marketing and sales of shoes, garments, devices, accessories, and also services. The company is headquartered near Beaverton, Oregon, in the Portland city. It is the globe's biggest distributor of athletic shoes as well as apparel [4] as well as a major producer of sporting activities equipment, with income over of US$ 24.1 billion in its fiscal year 2012 (ending May 31, 2012). As of 2012, it used more than 44,000 people worldwide. In 2014 the brand alone was valued at $19 billion, making it the most important brand name amongst sports services. Since 2017, the Nike brand is valued at $29.6 billion. Nike ranked No. 89 in the 2018 Lot of money 500 listing of the largest United States companies by overall profits.

The firm was founded on January 25, 1964, as Blue Ribbon Sports, by Expense Bowerman and also Phil Knight, and also officially became Nike, Inc. on May 30, 1971. The business takes its name from Nike, the Greek siren of victory. Nike markets its items under its very own brand, as well as Nike Golf, Nike Pro, Nike+, Air Jordan, Nike Blazers, Air Force 1, Nike Dunk, Air Max, Foamposite, Nike Skate Boarding, Nike CR7, as well as subsidiaries consisting of Brand name Jordan, and also Reverse. Nike also possessed Bauer Hockey (later on renamed Nike Bauer) from 1995 to 2008, as well as formerly had Cole Haan Umbro, and Hurley International. Along with producing sports apparel and tools, the company runs retail stores under the Niketown name. Nike sponsors lots of prominent athletes as well as sports teams around the world, with the extremely identified hallmarks of "" Simply Do It"" as well as the Swoosh logo. "