Nike, Inc.

Nike, Incorporated is a company formed in the United States.^[1] It is based near Beaverton, Oregon.

Nike shoes

Nike is the world’s biggest brand of sports shoes, clothes and equipment.^[2]

Nike has approximately 62,600 employees worldwide as of 2015.

Their net income is $2.7 billion and their revenue is $27.8 billion.

History

The company was founded on 25 January 1964.^[3] Nike was named Blue Ribbon Sports at first ( it changed to Nike in 1971). The original founders of Nike are Bill Bowerman and Philip Knight. The company is named after Nike, the Greek goddess of victory.^[4]

Products

Nike sells its products under its own name as well as Nike Golf, Nike Pro, Nike + iPod, Air Jordan, and Team Starter. Nike also owns the brands Bauer, Cole Haan, Hurley International, and Converse. Nike, Incorporated also funds certain sports events such as the FIFA World Cup 2014.