"Nike, Inc. is an American international company that is engaged in the design, advancement, production, and around the world marketing and sales of shoes, clothing, equipment, devices, and services. The company is headquartered near Beaverton, Oregon, in the Portland city. It is the globe's largest vendor of athletic shoes and also garments [4] as well as a major manufacturer of sporting activities devices, with income over of US$ 24.1 billion in its 2012 (ending May 31, 2012). As of 2012, it used more than 44,000 individuals worldwide. In 2014 the brand name alone was valued at $19 billion, making it one of the most important brand name among sporting activities businesses. Since 2017, the Nike brand name is valued at $29.6 billion. Nike placed No. 89 in the 2018 Lot of money 500 listing of the biggest United States firms by overall earnings.

The company was founded on January 25, 1964, as Blue Ribbon Sports, by Bill Bowerman as well as Phil Knight, as well as formally became Nike, Inc. on May 30, 1971. The business takes its name from Nike, the Greek siren of triumph. Nike markets its items under its very own brand name, 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 subsidiaries consisting of Brand Jordan, and also Reverse. Nike likewise had Bauer Hockey (later on renamed Nike Bauer) from 1995 to 2008, and also formerly owned Cole Haan Umbro, and also Hurley International. In addition to making sportswear and tools, the firm operates stores under the Niketown name. Nike sponsors lots of top-level professional athletes and sports teams worldwide, with the extremely acknowledged hallmarks of "" Just Do It"" as well as the Swoosh logo. "