Nike, Inc. Wikipedia. This article is about the sportswear and apparel company. For other uses of the name Nike, see Nike disambiguation. Nike, Inc. official,US also, non USnote 1 is an American multinational corporation that is engaged in the design, development, manufacturing, and worldwide marketing and sales of footwear, apparel, equipment, accessories, and services. The company is headquartered near Beaverton, Oregon, in the Portland metropolitan area. It is the worlds largest supplier of athletic shoes and apparel5 and a major manufacturer of sports equipment, with revenue in excess of US2. May 3. 1, 2. 01. 2. As of 2. 01. 2, it employed more than 4. In 2. 01. 4 the brand alone was valued at 1. Th Century Fox Logo Maker' title='20Th Century Fox Logo Maker' />As of 2. Nike brand is valued at 2. The company was founded on January 2. Blue Ribbon Sports, by Bill Bowerman and Phil Knight, and officially became Nike, Inc. May 3. 0, 1. 97. 1. The company takes its name from Nike, the Greek goddess of victory. Here is the 20th century fox logo remade with movie maker. Mediagazer presents the days mustread media news on a single page. Nike markets its products under its own brand, as well as Nike Golf, Nike Pro, Nike, Air Jordan, Nike Blazers, Air Force 1, Nike Dunk, Air Max, Foamposite, Nike Skateboarding, and subsidiaries including Brand Jordan, Hurley International and Converse. Nike also owned Bauer Hockey later renamed Nike Bauer between 1. Cole Haan and Umbro. In addition to manufacturing sportswear and equipment, the company operates retail stores under the Niketown name. Archives and past articles from the Philadelphia Inquirer, Philadelphia Daily News, and Philly. St Edmundsbury in the late Twentieth Century. Find out about our local history since 1945. Hulu stylized as hulu is an American subscription video on demand service owned by Hulu LLC, a joint venture with The Walt Disney Company through DisneyABC. Food in the USA 19001910 During the early decades of the 20th century, Americans foods reflected the great diversity of people living in our country. How Roger Ailes Built the Fox News Fear Factory. The onetime Nixon operative has created the most profitable propaganda machine in history. Inside Americas Unfair. 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. Origins and history. Old logo of Nike, Inc., still used on some retro products with red boxes. Nike, originally known as Blue Ribbon Sports BRS, was founded by University of Oregon track athlete Phil Knight and his coach Bill Bowerman in January 1. The company initially operated as a distributor for Japanese shoe maker Onitsuka Tiger now ASICS, making most sales at track meets out of Knights automobile. According to Otis Davis, a student athlete whom Bowerman coached at the University of Oregon, who later went on to win two gold medals at the 1. Summer Olympics, Bowerman made the first pair of Nike shoes for him, contradicting a claim that they were made for Phil Knight. Says Davis, I told Tom Brokaw that I was the first. I dont care what all the billionaires say. Bill Bowerman made the first pair of shoes for me. People dont believe me. In fact, I didnt like the way they felt on my feet. There was no support and they were too tight. But I saw Bowerman make them from the waffle iron, and they were mine. In 1. 96. 4, in its first year in business, BRS sold 1,3. Japanese running shoes grossing 8,0. By 1. 96. 5 the fledgling company had acquired a full time employee, and sales had reached 2. In 1. 96. 6, BRS opened its first retail store, located at 3. Pico Boulevard in Santa Monica, California next to a beauty salon, so its employees no longer needed to sell inventory from the back of their cars. In 1. 96. 7, due to rapidly increasing sales, BRS expanded retail and distribution operations on the East Coast, in Wellesley, Massachusetts. By 1. 97. 1, the relationship between BRS and Onitsuka Tiger was nearing an end. BRS prepared to launch its own line of footwear, which would bear the Swoosh newly designed by Carolyn Davidson. The Swoosh was first used by Nike on June 1. U. S. Patent and Trademark Office on January 2. In 1. 97. 6, the company hired John Brown and Partners, based in Seattle, as its first advertising agency. The following year, the agency created the first brand ad for Nike, called There is no finish line, in which no Nike product was shown. By 1. 98. 0, Nike had attained a 5. U. S. athletic shoe market, and the company went public in December of that year. Together, Nike and WiedenKennedy have created many print and television advertisements, and WiedenKennedy remains Nikes primary ad agency. It was agency co founder Dan Wieden who coined the now famous slogan Just Do It for a 1. Nike ad campaign, which was chosen by Advertising Age as one of the top five ad slogans of the 2. Smithsonian Institution. Walt Stack was featured in Nikes first Just Do It advertisement, which debuted on July 1, 1. Wieden credits the inspiration for the slogan to Lets do it, the last words spoken by Gary Gilmore before he was executed. Throughout the 1. Nike expanded its product line to encompass many sports and regions throughout the world. In 1. 99. 0, Nike moved into its eight building World Headquarters campus in Beaverton, Oregon. The first Nike retail store, dubbed Niketown, opened in downtown Portland in November of that year. Phil Knight announced in mid 2. Nike in 2. 01. 6. Acquisitions. Nike has acquired several apparel and footwear companies over the course of its history, some of which have since been sold. Its first acquisition was the upscale footwear company Cole Haan in 1. Bauer Hockey in 1. In 2. 00. 2, Nike bought surf apparel company Hurley International from founder Bob Hurley. In 2. 00. 3, Nike paid US3. Converse, makers of the Chuck Taylor All Stars line of sneakers. The company acquired Starter in 2. Umbro, known as the manufacturers of the England national football teams kit, in 2. In order to refocus on its core business lines, Nike began divesting of some of its subsidiaries in the 2. It sold Starter in 2. Bauer Hockey in 2. The company sold Umbro in 2. Cole Haan in 2. 01. As of 2. 01. 3, Nike owns two key subsidiaries Converse Inc. Hurley International. Finance. Nike Inc. Nikes class B stock in 4 years after the current 5 billion buyback program is completed in second quarter of fiscal 2. Up to September 2. Nike Inc. has bought back 1. Nike was made a member of the Dow Jones Industrial Average in 2. Alcoa. 3. 4On December 1. Nike Inc. s quarterly profit rose due to a 1. April of that year. Future orders of shoes or clothes for delivery between December and April, rose to 1. Nike shares NKE rose 0. In November 2. 01. Nike announced it would initiate a 1. December 2. 4. 3. The split will be the seventh in company history. Sap Rfc Connection Program Id. Products. A pair of Nike Air Jordan I basketball shoes. Sports equipment. Nike produces a wide range of sports equipment. Their first products were track running shoes. They currently also make shoes, jerseys, shorts, cleats,3. Nike Air Max is a line of shoes first released by Nike, Inc. Additional product lines were introduced later, such as Air Huarache, which debuted in 1. The most recent additions to their line are the Nike 6. Nike NYX, and Nike SB shoes, designed for skateboarding. Nike has recently introduced cricket shoes called Air Zoom Yorker, designed to be 3. In 2. 00. 8, Nike introduced the Air Jordan XX3, a high performance basketball shoe designed with the environment in mind. Nike sells an assortment of products, including shoes and apparel for sports activities like association football,3. American football, athletics, golf, and cross training for men, women, and children. Nike also sells shoes for outdoor activities such as tennis, golf, skateboarding, association football, baseball, American football, cycling, volleyball, wrestling, cheerleading, aquatic activities, auto racing, and other athletic and recreational uses. Nike recently teamed up with Apple Inc. Nike product that monitors a runners performance via a radio device in the shoe that links to the i.