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Nike.docx - Nike, Inc. (/ˈnaɪki/ or /ˈnaɪk/)[note 1]...

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Nike, Inc.(/ na ki/ˈɪor/ na k/ˈɪ)[note 1](commonly known asNike) is an Americanmultinationalcorporationthat is engaged in the design, development, manufacturing, and worldwide marketingand sales offootwear,apparel, equipment,accessories, and services. The company isheadquartered nearBeaverton,Oregon, in thePortland metropolitan area.[3]It is the world'slargest supplier ofathletic shoesand apparel and a major manufacturer ofsports equipment, withrevenue in excess of US$37.4 billion in its fiscal year 2020 (ending May 31, 2020).[4]As of 2020,it employed 76,700 people worldwide.[5]In 2020 the brand alone was valued in excess of $32billion, making it the most valuable brand among sports businesses.[6]Previously, in 2017, theNike brand was valued at $29.6 billion.[7]Nike ranked 89th in the 2018Fortune 500list of thelargest United States corporations by total revenue.[8]The company was founded on January 25, 1964, as "Blue Ribbon Sports", byBillBowermanandPhil Knight, and officially became Nike, Inc. on May 30, 1971. The companytakes its name fromNike, the Greek goddess of victory.[9]Nike markets its products under its ownbrand, as well as Nike Golf, Nike Pro,Nike+,Air Jordan,Nike Blazers,Air Force 1, NikeDunk,Air Max, Foamposite,Nike Skateboarding, Nike CR7,[10]and subsidiaries includingJordanBrandandConverse. Nike also owned Bauer Hockey from 1995 to 2008, and previouslyownedCole Haan,Umbro, andHurley International.[11]In addition to manufacturing sportswearand equipment, the company operates retail stores under the Niketown name. Nike sponsorsmany high-profile athletes and sports teams around the world, with the highly recognizedtrademarks of "Just Do It" and theSwooshlogo.Contents1Origins and historyo1.1Acquisitionso1.2Financeo1.3Logo evolution2Productso2.1Sports apparelo2.2Street fashionso2.3Collectibles3Headquarters4Controversyo4.1Sweatshopso4.2Child labor allegationso4.3Strike in China factoryo4.4Paradise Paperso4.5Colin Kaepernicko4.6Hong Kong protestso4.7Nike Vaporfly Shoeo4.8Lil Nas X Satan Shoeso4.9Forced Uyghur labor allegations5Environmental recordo5.1Recyclingo5.2Sulfur hexafluorideo5.3Toxic chemicalso5.4Water pollutiono5.5Carbon footprint6Marketing strategyo6.1Advertisingo6.2NBA uniform deal
7Sponsorship8Ties with the University of Oregon9Causes10Program11See also12Notes13References14Further reading15External linksOrigins and historySee also:Nike timelineNike Factory Store in WisconsinA Nike Store inHarajuku, Tokyo, JapanNike Kicks Lounge inHarbour City,Hong KongNike, originally known as Blue Ribbon Sports (BRS), was founded byUniversity of OregontrackathletePhil Knightand his coach,Bill Bowerman, on January 25, 1964.[12]The company initiallyoperated inEugene, Oregon as a distributor for Japanese shoe makerOnitsuka Tiger, makingmost sales at track meets out of Knight's automobile.

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Spring
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The Land, Nike Inc

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