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Nike, Inc. (/ˈnaɪki/ or /ˈnaɪk/) is associate degree yank transnational corporation that’s engaged within the style, development, producing and worldwide promoting and merchandising of footwear, apparel, equipment, accessories and services. The corporate is headquartered close to Beaverton, Oregon, within the Portland metropolitan space, and is one amongst solely 2 Fortune five hundred corporations headquartered in OR. It’s one amongst the World’s largest suppliers of athletic shoes and attire and a serious manufacturer of sporting goods, with revenue in more than US$24.1 billion in its year 2012 (ending might thirty one, 2012). As of 2012, it utilized over forty four,000 individuals worldwide. The whole alone is valued at $10.7 billion, creating it the foremost valuable whole among sports businesses.
The company was supported on Gregorian calendar month twenty five, 1964, as cordon bleu Sports, by Bill Bowerman and Phil Knight, and formally became Nike, Inc. On May 30, 1971. The corporate takes its name from Nike (Greek Νίκη, pronounced [nǐːkɛː]), the Greek god of finish. Nike markets its product beneath its own whole, additionally as Nike Golf, Nike Pro, Nike+, Air Jordan, Nike skating, and subsidiaries together with Hurley International and Converse. Nike conjointly closely-held Bauer Hockey (later renamed Nike Bauer) between 1995 and 2008, and antecedently closely-held Cole Haan and Umbro.[5] additionally to producing athletic wear and instrumentality, the corporate operates retail stores beneath the Niketown name. Nike sponsors several high-profile athletes and sports groups round the world, with the extremely recognized emblems of “Just Do It” and also the swosh brand.
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