Nike

NIKE is a fitness and sports company that develops and produces apparel equipment and athletic footwear for customers across the globe. The company started in 1964 as Blue Ribbon Sports under the leadership and guidance of Bill Bowerman. Bowerman teamed up his student, Phil Knight to open retail outlets and later began to sell shoes under the NIKE brand in 1972. In 1978, Blue Ribbon Sports rebranded to Nike, Inc., and then floated its shares on the NYSE through an IPO. The company’s shares trade under NKE as its symbol. In addition, NIKE is part of several components, including the DJIA, S&P 100, and S&P 500.  

Nike, Inc. operates worldwide in over 170 countries. The company operates via subsidiaries and trusted distributors. NIKE branded products are sold in six categories across different sports. In addition, the company’s products are designed for all ages. Nike has its head offices in Beaverton, Oregon.

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