"Nike, Inc. is an American multinational corporation that is engaged in the style, development, production, and also globally marketing and sales of footwear, clothing, equipment, devices, as well as solutions. The firm is headquartered near Beaverton, Oregon, in the Portland metropolitan area. It is the globe's biggest provider of athletic shoes and also garments [4] as well as a significant maker of sports equipment, with income in excess of US$ 24.1 billion in its 2012 (finishing May 31, 2012). Since 2012, it employed greater than 44,000 people worldwide. In 2014 the brand name alone was valued at $19 billion, making it one of the most valuable brand name among sports organisations. Since 2017, the Nike brand is valued at $29.6 billion. Nike ranked No. 89 in the 2018 Fortune 500 checklist of the largest United States corporations by overall income.

The business was founded on January 25, 1964, as Blue Ribbon Sports, by Costs Bowerman and also Phil Knight, and officially ended up being Nike, Inc. on Might 30, 1971. The firm takes its name from Nike, the Greek goddess of triumph. 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, as well as subsidiaries including Brand Jordan, and Reverse. Nike additionally owned Bauer Hockey (later renamed Nike Bauer) from 1995 to 2008, as well as formerly had Cole Haan Umbro, and Hurley International. Along with manufacturing sports apparel and also equipment, the firm operates retail stores under the Niketown name. Nike sponsors lots of high-profile athletes and sporting activities groups worldwide, with the highly recognized hallmarks of "" Just Do It"" as well as the Swoosh logo design. "