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Nike, Inc.[ note 1 ] (stylized as NIKE) is an American athletic footwear and apparel corporation headquartered near Beaverton, Oregon, United States. [ 5 ] 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. [ 6 ][ 7 ]
Annual revenues exceed $12.25 billion; 2005 Nike reports annual revenue for fiscal year 2005 (ending May 31) of $13.74 billion, a 12% increase over the previous fiscal year. Nike Signs Tennis Pro Rafael Nadal. Nike introduces Nike Free. 2007 Nike enters the cricket market with a 5-year sponsorship of the Indian cricket team for US$43m.
The Nike Cortez is the first track shoe released by Nike in 1972, and is therefore thought to be a significant aspect to the success of the company. The Nike Cortez was first designed by Nike co-founder Bill Bowerman , [ 2 ] aiming to produce a comfortable and durable running shoe for distance training and road running.
Nike Air Force 1 - Low-Top. Nike Air Force 1 - High-Top. Nike Air Force 1 - upper side and under side. Nike Air Force is a range of athletic shoes made by Nike. It was created by designer Bruce Kilgore [1] and was the first basketball shoe to use Nike's "Air" technology. [2] The shoe is offered in low-, mid- and high-top styles.
They’ve found that the day-to-day runner averages about 5 kilometers per run, and the biggest shift in their insulation needs is between start and 2.5 to 3 kilometers. After that, it regulates ...
The "O" logo was designed by Nike in 1998. Nike, Inc. was founded in 1964 as Blue Ribbon Sports. The firm was co-founded by Bill Bowerman and Phillip Knight. Bowerman coached the famed "Men of Oregon" track program and Knight was coached by Bowerman in the 1950s. [3] Knight graduated from UO in 1959 with a business degree.
Under Armour was founded on September 25, 1996, by Kevin Plank, a then-24 year old former special teams captain of the University of Maryland football team. Plank initially began the business from his grandmother's basement in Washington, D.C. [4] He spent his time traveling along the East Coast with nothing but apparel in the trunk of his car.
Air Jordan is a line of basketball shoes produced by Nike, Inc. Related apparel and accessories are marketed under Jordan Brand.. The first Air Jordan shoe was produced for basketball player Michael Jordan during his time with the Chicago Bulls on November 17, 1984 and released to the public on April 1, 1985.