"Nike, Inc. is an American international corporation that is engaged in the design, development, production, and also worldwide marketing and also sales of footwear, clothing, devices, devices, as well as services. The firm is headquartered near Beaverton, Oregon, in the Rose city city. It is the globe's largest distributor of athletic shoes as well as garments [4] and also a significant supplier of sports equipment, with income in excess of US$ 24.1 billion in its 2012 (finishing May 31, 2012). Since 2012, it used more than 44,000 individuals worldwide. In 2014 the brand name alone was valued at $19 billion, making it the most valuable brand name amongst sports organisations. Since 2017, the Nike brand name is valued at $29.6 billion. Nike placed No. 89 in the 2018 Fortune 500 listing of the biggest USA companies by total earnings.

The company was founded on January 25, 1964, as Blue Ribbon Sports, by Bill Bowerman as well as Phil Knight, as well as officially ended up being Nike, Inc. on Might 30, 1971. The company takes its name from Nike, the Greek siren of success. Nike markets its products under its own brand, along with Nike Golf, Nike Pro, Nike+, Air Jordan, Nike Blazers, Flying Force 1, Nike Dunk, Air Max, Foamposite, Nike Skate Boarding, Nike CR7, and also subsidiaries consisting of Brand Jordan, and Reverse. Nike likewise had Bauer Hockey (later renamed Nike Bauer) from 1995 to 2008, and also previously owned Cole Haan Umbro, and also Hurley International. In addition to producing sports apparel and also equipment, the company operates stores under the Niketown name. Nike funds several prominent professional athletes and also sports teams around the globe, with the extremely acknowledged trademarks of "" Just Do It"" and the Swoosh logo design. "