Nike, Inc. is a major publicly traded sportswear and equipment supplier found in the United States. The gild is headquartered near Beaverton, Oregon, which is part of the Portland metropolitan area. It is the worlds leading supplier of athletic dresss and apparel[3] and a major manufacturer of sports equipment, with revenue in excess of US$18.6 billion in its fiscal year 2008 (ending May 31, 2008). As of 2008, it employed more than 30,000 people worldwide. Nike and Precision Castparts are the entirely Fortune 500 companies headquartered in the state of Oregon, according to The Oregonian. The connection was founded on January 25, 1964 as Blue Ribbon Sports by notice Bowerman and Philip Knight,[1] and officially became Nike, Inc. on May 30, 1978. The company takes its name from Nike (Greek ????, marked [n??k??]), the Greek goddess of victory. Nike markets its products under its own brand, as healthful as Nike Golf, Nike Pro, Nike+, Air Jordan, Nike Skateboarding, and subsidiaries including Cole Haan, Hurley International, Umbro and Converse. Nike also owned Bauer hockey (later renamed Nike Bauer) between 1995 and 2008.[4] 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 extremely recognized trademarks of Just do it and the Swoosh logo. Nike, originally cognise as Blue Ribbon Sports (BRS), was founded by University of Oregon fall into place athlete Philip Knight and his coach Bill Bowerman in January 1964. 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.[5] The companys profits grew quickly, and, in 1967, BRS opened its first retail store, located on Pico boulevard in Santa Monica, California. By 1971, the relationship between BRS and Onitsuka Tiger was nearing an end. BRS brisk to launch its own line of footwear, which... If you want to get a full essay, order it on our website: Orderessay
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