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Aug 6, 2024 · Nike, Inc. is the owner of a number of brands, including Nike, Converse, and Jordan, and the company is headquartered in Beaverton, Oregon, United States.
- Nike's Revenue by Region 2023
In the year ended May 31, 2024, Nike's North American...
- Revenue Share by Product Type Worldwide 2023
Number of Nike stores in different countries in Europe 2024...
- Nike's Revenue by Region 2023
- Who Owns Nike?
- When Was Nike founded?
- Nike’s Biggest Endorsements
- Nike's Milestones: A Company Timeline
- Nike's Biggest Controversies
- What's Happening with Nike Stock in 2024?
The story of Nike starts with Blue Ribbon Sports in 1964. Back then, Phil Knight had just received his MBA at Stanford following his graduation from the University of Oregon. This left him with two crucial experiences that set the trajectory of his future.
Knight initially sold Blue Ribbon Sports' new shoes out of his car when he got back to the States. It quickly became clear that a demand existed for an affordable, high-quality alternative to brands like Adidas and Puma, which dominated the market at the time.
The celebrity endorsements Nike has inked have proven even more powerful than its slogan. Nike struck gold by signing athletes like Tiger Woods, Kobe Bryant, and Lebron James in the early stages of their careers. By far the most lucrative endorsement Nike has ever had, both for the company and its sponsor, has been with Michael Jordan. Spotting pot...
1964: Phil Knight and Bill Bowerman found Blue Ribbon Sports. 1971:Cutting ties with Onitsuka Tiger (now Asics), Blue Ribbon Sports becomes Nike Inc., using the swoosh logo created by Portland State University student Carolyn Davis for $35. 1971: Bowerman comes up with the iconic sole pattern for Waffle Trainers after putting rubber into a waffle i...
Like most large, multinational companies, Nike has faced its fair share of criticisms and controversies, for the most part relating to the environmental and social impacts of the popular sports apparel maker's operations.
Nike’s stock has been seeing red since the beginning of 2024 as the company warned of single-digit revenue declines as it made cost-cutting improvements as well as continued to iron out pandemic-related supply chain snarls. In February 2024, the company announced it would be cutting 1,600 jobs, or 2% of its workforce. In its third fiscal quarter, t...
Company History: Founded as an importer of Japanese shoes, NIKE, Inc. (Nike) has grown to be the world's largest marketer of athletic footwear and apparel. In the United States, Nike products are sold through about 20,000 retail accounts; worldwide, the company's products are sold in about 110 countries.
2 days ago · Nike, Inc., American sportswear company that is one of the world’s best-known brands. It was founded in 1964 as Blue Ribbon Sports by Phil Knight and Bill Bowerman, his former track-and-field coach at the University of Oregon. The company was renamed Nike, Inc., in 1971.
May 16, 2022 · Nike Inc. becomes a publicly traded company on the Nasdaq stock exchange. Knight personally would own 46 percent and is now worth $178 million.
Nov 17, 2021 · Since its 1964 inception, American-born Nike has seemingly dominated the sneaker and trainer market with an abundance of designs, functional pieces and clothing styles, but where did it come from and how did it grow into the world's largest footwear company?
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In addition to manufacturing sportswear and equipment, the company operates retail stores under the Niketown name. Nike sponsors many high-profile athletes and sports teams around the world, with the highly recognized trademarks of "Just Do It" and the Swoosh logo. As of 2024, it employed 83,700 people worldwide. [12]
