Nike, Inc. is a serious publicly traded sportswear and tools provider based mostly in the US. The corporate is headquartered close to Beaverton, Oregon, which is a part of the Portland metropolitan space. It’s the world’s main provider of athletic footwear and attire and a significant producer of sports activities tools with income in extra of US$18.6 billion in its fiscal 12 months 2008 (ending Might 31, 2008). As of 2008, it employed greater than 30,000 individuals worldwide. Nike and Precision Castparts are the one Fortune 500 corporations headquartered within the state of Oregon, in response to The Oregonian.
The corporate was based in January 1964 as Blue Ribbon Sports activities by Invoice Bowerman and Philip Knight, and formally turned Nike, Inc. in 1978. The corporate takes its identify from Nike, the Greek goddess of victory. Nike markets its merchandise below its personal model in addition to Nike Golf, Nike Professional, Nike+, Air Jordan, Nike Skateboarding and subsidiaries together with Cole Haan, Hurley Worldwide, Umbro and Converse. Nike additionally owned Bauer Hockey (later renamed Nike Bauer) between 1995 and 2008. Along with manufacturing sportswear and tools, the corporate operates retail shops beneath the Niketown title. Nike sponsors many excessive profile athletes and sports activities groups world wide, with the extremely acknowledged emblems of “Simply do it” and the Swoosh emblem.
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