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Nike, Inc. [note 1] (stylized as NIKE) is an American athletic footwear and apparel corporation headquartered near Beaverton, Oregon, United States. [6] It is the world's largest supplier of athletic shoes and apparel and a major manufacturer of sports equipment, with revenue in excess of US$46 billion in its fiscal year 2022.
1962 Phil Knight visits Onitsuka Tiger in Kobe, Japan, and pitches the idea of selling their shoes in the U.S. When asked the name of his company, Knight comes up with one on the spot: Blue Ribbon ...
Nike introduces the Second Coming, a group of NBA basketball players who best represent the Nike Basketball. Nike introduces AF25, after 25 years of Air Force shoe line. 2009 Nike sells its Nike Bauer hockey equipment division. Nike introduces shoes featuring new Flywire and Lunarlite Foam materials. Flywire is a new technology made up of thin ...
The headquarters for Nike is located on Bowerman Drive in homage to the company's co-founder. Also in his honor, the company created the "Bowerman Series" of performance running shoes, designed to provide longer-lasting, more training-focused products to compete with such running brands as Asics and Saucony .
Nike CEO Elliott Hill, who took the helm in October, outlined plans to revamp the sneaker giant in a Thursday earnings call, where he promised investors that the company would shift focus and ...
For its Q1 2025 results ended Aug. 31, the company reported revenues of $11.6 billion, down 10% on a reported basis. Barclays notes that Nike’s “once-clean inventory” has “suddenly ...
Shoe Dog [2] is a memoir by Nike co-founder Phil Knight. [3] The memoir chronicles the history of Nike from its founding as Blue Ribbon Sports and its early challenges to its evolution into one of the world's most recognized and profitable companies. It also highlights certain parts of Phil Knight's life. The book was ghostwritten by J. R ...
Nike’s share prices surged more than 6% ... he held an all-employee meeting and gave his two cents on running the business during a fireside chat for the company’s workers. This story was ...