Nike, Inc. Nike was founded in 1964 by Bill Bowerman and Phil Knight under the name Blue Ribbon Sports. Originally operating as a distributor for a Japanese footwear brand, Nike eventually transitioned into designing and manufacturing its own products. In 1971, the company rebranded as Nike, Inc. Headquartered in Beaverton, Oregon, Nike's global headquarters spans over 400 acres and includes offices, research facilities, and production sites. The Nike World Headquarters serves as the central hub for the brand's operations, including product development, marketing, and overall strategy. Nike's main product categories include footwear, apparel, and equipment for a wide range of sports and activities. The company offers products under its own Nike brand, as well as through its subsidiaries, including Converse and Jordan Brand. Nike also operates the Nike+ services, which include digital apps and platforms aimed at enhancing athletic performance and connecting with consumers. On a global scale, Nike has an extensive presence with retail stores, e-commerce platforms, and authorized dealers in over 170 countries. The company has a strong presence in key markets such as North America, Europe, and China. Nike has several notable subsidiaries, joint ventures, and partnerships, including Hurley International and its partnership with the National Basketball Association (NBA) for official team uniforms and merchandise. In terms of market position, Nike is a dominant player in the global athletic apparel and footwear industry. The company consistently ranks as one of the world's most valuable and recognizable brands. Nike's global sales amounted to $44.5 billion in the fiscal year 2020, solidifying its position as a leader in the market. Nike has achieved numerous significant milestones throughout its history. The introduction of the Air Jordan line in the 1980s revolutionized the sneaker industry and solidified Nike's influence in popular culture. In recent years, Nike has also made strides in sustainability, committing to sustainable manufacturing practices and launching innovative technologies, such as the Flyknit and VaporMax. As of the latest updates, Nike remains a global powerhouse in the athletic industry. The company continues to innovate and expand its product offerings while maintaining a strong brand presence worldwide. Nike's dedication to performance, style, and sustainability ensures its continued growth and relevance in the athletic market.