Nike background

Nike, Inc. is an American multinational corporation that designs, develops, and sells athletic footwear, apparel, equipment, and accessories. 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 is headquartered near Beaverton, Oregon, in the Portland metropolitan area.

Nike is one of the world's largest suppliers of athletic shoes and apparel and a major manufacturer of sports equipment, with revenue in excess of US$37.4 billion in its fiscal year 2020. It employs over 75,000 people worldwide. The company operates through multiple brands, including Nike, Jordan, Converse, and Hurley.

Nike's iconic "swoosh" logo was designed by Carolyn Davidson in 1971 for just $35. The logo has become one of the most recognizable and iconic logos in the world of business.

Nike's success can be attributed to its innovative product design, strong marketing campaigns, and partnerships with top athletes and sports teams. The company has also been praised for its sustainability efforts, such as using recycled materials in its products and reducing carbon emissions in its operations.