What is Nike? - Explained


Nike Logo

1. What is Nike?

Nike is one of the world's most popular apparel, spots shoes and other equipment manufacturing company which design, develop, manufacturing and sell products globally. Nike's primary focus is athletic shoes and apparel products including wide range.

Nike shoes line is more popular in the world and popular among the global athletic arenas and among athletes. Nike products are sold in global markets due to the quality of the products due to products are made by doing quality research and development.

2. History

Nike was founded by Bill Bowerman and Phil Knight in 25th February 1964 and the initial name of the company was Blue Ribbon Sports. The Blue Ribbon Sports wasn't manufacturing any sports products at the beginning but they were a distributor for a Japanese shoe maker which was based in Japan named Onitsuka Tiger. Blue Ribbon Sports name got changed into Nike in 1971.

Currently Nike is traded publicly on New York Stock Exchange and Nike is headquartered in Washington County, Oregon, USA.