Nike delivers innovative products, experiences and services to inspire athletes.
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People also ask
What does Nike stand for?
Founded by Bill Bowerman and Phil Knight on January 25 1964, as Blue Ribbon Sports, the company became officially Nike, Inc. on May 30 1971. The company was named after the Greek goddess of victory, Nike (Νίκη).
Who owns Nike?
4 The co-founder of Nike, Phil Knight, and his son Travis Knight, along with the holding companies and trusts they control, own more than 97% of outstanding Class A shares. 5 This allows the Knight family to exercise effective control of Nike even though it is a publicly traded business.
What industry is Nike in?
Sports apparel
Nike produces a wide range of sports equipment and apparel. Their first products were track running shoes.
Where is Nike made?
There are about 600 factories located in 46 different countries that exclusively manufacture Nike shoes. Out of these Nike vendors, about 36% are located in China and Vietnam each. Another 22% are located in Indonesia. Specializes in: Winter jackets, shorts, golf shirts, etc.