About the Company
Nike, Inc. (stylized as NIKE) is an American athletic footwear and apparel corporation headquartered near Beaverton, Oregon, United States. 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. The company was founded on January 25, 1964, as "Blue Ribbon Sports", by Bill Bowerman and Phil Knight, and officially became Nike, Inc. on May 30, 1971. The company takes its name from Nike, the Greek goddess of victory. Nike markets its products under its own brand, as well as Nike Golf, Nike Pro, Nike+, Nike Blazers, Air Force 1, Nike Dunk, Air Max, Foamposite, Nike Skateboarding, Nike CR7, and subsidiaries including Air Jordan and Converse (brand). Nike also owned Bauer Hockey from 1995 to 2008, and previously owned Cole Haan, Umbro, and Hurley International. 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 highly recognized trademarks of "Just Do It" and the Swoosh logo. As of 2020, it employed 76,700 people worldwide. In 2020, the brand alone was valued in excess of $32 billion, making it the most valuable brand among sports businesses. Previously, in 2017, the Nike brand was valued at $29.6 billion. Nike ranked 89th in the 2018 Fortune 500 list of the largest United States corporations by total revenue.
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Latest $NKE News
Nike Hit by Layoffs
Nike Inc. (NYSE: NKE), apparently trying to streamline its corporate management structure, has laid off workers at its ...
Nike discloses ‘second phase’ of job cuts at its headquarters amid cost-savings efforts
More than 700 staff at Nike’s global headquarters in Oregon will have been laid off by June 28, the company said.
The History of Cole Haan: How the American Shoe Brand Became Part of Nike and Changed the Office Dress Code
What has set Cole Haan apart from others in the dress shoe world through the years is its willingness to innovate and ...
Nike plans to lay off 740 employees at its Oregon headquarters before end of June
Nike plans to lay off 740 employees at its Beaverton, Oregon headquarters as part of its three-year plan to save $2 billion.
EXEC: Nike, Inc. Outlines Two-Phase Plan to Cut 740 Positions at Beaverton HQ
Nike, Inc. detailed its second round of layoffs on April 19, filing a Worker Adjustment and Retraining Notification (WARN) ...
YouTuber ‘Omi in a Hellcat’ ordered to pay Nike $8 million for trademark infringement
A year after Bill Omar Carrasquillo also known as YouTuber ‘Omi in a Hellcat,’ was sentenced in a federal piracy case, a ...
Adidas' Next Samba Handball Spezial Overtakes Nike
Adidas AG is Samba-ing all the way to the top. The popularity of its retro sneakers, as well as its Gazelle, Campus and ...
More Nike Studios are coming to Austin
Nike Inc. plans to introduce four Nike Studios to the Austin market. Oregon-based Nike has gained a worldwide audience ...
HIBBETT RELEASES INSPIRATIONAL VIDEO FEATURING KEVIN DURANT & CHET HOLMGREN FOR NIKE KD17 LAUNCH
Hibbett, Inc ., (NASDAQ:HIBB), an athletic-inspired fashion retailer with more than 1,169 Hibbett and City Gear specialty ...
Nike, Adidas, and HOKA will soon be sold in JD Sports thanks to Hibbett’s $1 billion buy
JD Sports, which sells Nike, adidas, HOKA, and other sports brands, said last month it expects the Euro soccer championships, ...
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