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Nike, Inc.



Type           Public

Traded as      NYSE: NKE
               S&P 500 Component

Industry       Apparels, accessories

Founded        1964 (as Blue Ribbon Sports)
               1978 (as Nike, Inc.)

Founder(s)     Bill Bowerman
               Phil Knight

Headquarters   Washington County, Oregon, United States
               (Near Beaverton, Oregon)

Area served    Worldwide

Key people     Phil Knight
               (Chairman)
               Mark Parker
               (President and CEO)

Products       Athletic footwear and apparel,sport equipments and other
               athletic and recreational products

Revenue          US$ 20.862 billion (FY 2011)

Operating        US$ 2.844 billion (FY 2011)
income

Net income       US$ 2.133 billion (FY 2011)
Total assets        US$ 14.998 billion (FY 2011)

Total equity        US$ 9.843 billion (FY 2011)

Employees        38,000 (May 2011)

Website          Nike.com



Nike, Inc is a major publicly traded clothing, footwear, sportswear, and
equipment supplier based in the United States. The company is
headquartered near Beaverton, Oregon, in the Portland metropolitan
area. It is the world's leading supplier of athletic shoes and apparel 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. The brand alone is valued
at $10.7 Billion making it the most valuable brand among sports
businesses. Nike and Precision Castparts are the only Fortune
500companies headquartered in the state of Oregon, according to The
Oregonian.
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, 1978. 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+, 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. 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.


Products




Nike produces a wide range of sports equipment. Their first products were
track running shoes. They currently also make shoes, jerseys, shorts,
baselayers, etc. for a wide range of sports, including track and field,
baseball, ice hockey, tennis, association football (soccer), lacrosse,
basketball, and cricket. Nike Air Max is a line of shoes first released by
Nike, Inc. in 1987. The most recent additions to their line are the Nike 6.0,
Nike NYX, and Nike SB shoes, designed for skateboarding. Nike has
recently introduced cricket shoes called Air Zoom Yorker, designed to be
30% lighter than their competitors'. In 2008, Nike introduced the Air
Jordan XX3, a high-performance basketball shoe designed with the
environment in mind.

Nike sells an assortment of products, including shoes and apparel for
sports activities like association football, basketball, running, combat
sports, tennis, American football, athletics, golf, and cross training for
men, women, and children. Nike also sells shoes for outdoor activities such
as tennis, golf, skateboarding, association football, baseball, American
football, cycling, volleyball, wrestling, cheerleading, aquatic activities,
auto racing, and other athletic and recreational uses. Nike is well
known and popular in youth culture, chav culture and hip hop culture
for their supplying of urban fashion clothing. Nike recently teamed up
with Apple Inc. to produce the Nike+ product that monitors a runner's
performance via a radio device in the shoe that links to the iPod nano.
While the product generates useful statistics, it has been criticized by
researchers who were able to identify users' RFID devices from 60 feet
(18 m) away using small, concealable intelligence motes in a wireless
sensor network.

In 2004, Nike launched the SPARQ Training Program/Division.

Some of Nike's newest shoes contain Flywire and Lunarlite Foam to
reduce weight.

On July 15, 2009, the Nike+ Sports Band was released in stores. The
product records distance run and calories expended, keeps time, and also
gives runners new programs online they could try running.

The 2010 Nike Pro Combat jersey collection were worn by teams from the
following universities: Miami, Alabama, Boise State University,
Florida, Ohio State, Oregon State University, Texas Christian
University, Virginia Tech, West Virginia, and Pittsburgh. Teams will
wear these jerseys in key matchups as well as any time the athletic
department deems it necessary.
Headquarters
Nike's world headquarters are surrounded by the city of Beaverton, but
are within unincorporated Washington County. The city attempted to
forcibly annex Nike's headquarters, which led to a lawsuit by Nike, and
lobbying by the company that ultimately ended in Oregon Senate Bill
887 of 2005. Under that bill's terms, Beaverton is specifically barred from
forcibly annexing the land that Nike and Columbia Sportswear occupy
in Washington County for 35 years, while Electro Scientific Industries
and Tektronix receive the same protection for 30 years.

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Nike, Inc.: Leading Athletic Footwear and Apparel Supplier

  • 1. Nike, Inc. Type Public Traded as NYSE: NKE S&P 500 Component Industry Apparels, accessories Founded 1964 (as Blue Ribbon Sports) 1978 (as Nike, Inc.) Founder(s) Bill Bowerman Phil Knight Headquarters Washington County, Oregon, United States (Near Beaverton, Oregon) Area served Worldwide Key people Phil Knight (Chairman) Mark Parker (President and CEO) Products Athletic footwear and apparel,sport equipments and other athletic and recreational products Revenue US$ 20.862 billion (FY 2011) Operating US$ 2.844 billion (FY 2011) income Net income US$ 2.133 billion (FY 2011)
  • 2. Total assets US$ 14.998 billion (FY 2011) Total equity US$ 9.843 billion (FY 2011) Employees 38,000 (May 2011) Website Nike.com Nike, Inc is a major publicly traded clothing, footwear, sportswear, and equipment supplier based in the United States. The company is headquartered near Beaverton, Oregon, in the Portland metropolitan area. It is the world's leading supplier of athletic shoes and apparel 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. The brand alone is valued at $10.7 Billion making it the most valuable brand among sports businesses. Nike and Precision Castparts are the only Fortune 500companies headquartered in the state of Oregon, according to The Oregonian. 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, 1978. 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+, 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. In addition to manufacturing sportswear and equipment, the company operates retail stores under the Niketown name. Nike sponsors many high profile
  • 3. athletes and sports teams around the world, with the highly recognized trademarks of "Just do it" and the Swoosh logo. Products Nike produces a wide range of sports equipment. Their first products were track running shoes. They currently also make shoes, jerseys, shorts, baselayers, etc. for a wide range of sports, including track and field, baseball, ice hockey, tennis, association football (soccer), lacrosse, basketball, and cricket. Nike Air Max is a line of shoes first released by Nike, Inc. in 1987. The most recent additions to their line are the Nike 6.0, Nike NYX, and Nike SB shoes, designed for skateboarding. Nike has recently introduced cricket shoes called Air Zoom Yorker, designed to be 30% lighter than their competitors'. In 2008, Nike introduced the Air Jordan XX3, a high-performance basketball shoe designed with the environment in mind. Nike sells an assortment of products, including shoes and apparel for sports activities like association football, basketball, running, combat sports, tennis, American football, athletics, golf, and cross training for men, women, and children. Nike also sells shoes for outdoor activities such
  • 4. as tennis, golf, skateboarding, association football, baseball, American football, cycling, volleyball, wrestling, cheerleading, aquatic activities, auto racing, and other athletic and recreational uses. Nike is well known and popular in youth culture, chav culture and hip hop culture for their supplying of urban fashion clothing. Nike recently teamed up with Apple Inc. to produce the Nike+ product that monitors a runner's performance via a radio device in the shoe that links to the iPod nano. While the product generates useful statistics, it has been criticized by researchers who were able to identify users' RFID devices from 60 feet (18 m) away using small, concealable intelligence motes in a wireless sensor network. In 2004, Nike launched the SPARQ Training Program/Division. Some of Nike's newest shoes contain Flywire and Lunarlite Foam to reduce weight. On July 15, 2009, the Nike+ Sports Band was released in stores. The product records distance run and calories expended, keeps time, and also gives runners new programs online they could try running. The 2010 Nike Pro Combat jersey collection were worn by teams from the following universities: Miami, Alabama, Boise State University, Florida, Ohio State, Oregon State University, Texas Christian University, Virginia Tech, West Virginia, and Pittsburgh. Teams will wear these jerseys in key matchups as well as any time the athletic department deems it necessary.
  • 5. Headquarters Nike's world headquarters are surrounded by the city of Beaverton, but are within unincorporated Washington County. The city attempted to forcibly annex Nike's headquarters, which led to a lawsuit by Nike, and lobbying by the company that ultimately ended in Oregon Senate Bill 887 of 2005. Under that bill's terms, Beaverton is specifically barred from forcibly annexing the land that Nike and Columbia Sportswear occupy in Washington County for 35 years, while Electro Scientific Industries and Tektronix receive the same protection for 30 years.