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10 things you should know about Nike

Nike was founded by Bill Bowerman and Phil Knight. Here are 10 things you should know about Nike.

  1. Nike is an American multinational corporation that is engaged in the design, development, manufacturing, and worldwide marketing and sales of footwear, apparel, equipment, accessories, and services.
  2. The company is headquartered near Beaverton, Oregon, in the Portland metropolitan area.
  3.  It is the world’s largest supplier of athletic shoes and apparel.
  4.  Nike is a major manufacturer of sports equipment, with revenue in excess of US$37.4 billion in its fiscal year 2020 (ending May 31, 2020)
  5. As of 2020, it employed more than 75,400 people worldwide.
  6. In 2020 the brand alone was valued in excess of $32 billion, making it the most valuable brand among sports businesses.
  7. Previously in 2017, the Nike brand was valued at $29.6 billion
  8.  Nike ranked No. 89 in the 2018 Fortune 500 list of the largest United States corporations by total revenue.
  9. The company takes its name from Nike, the Greek goddess of victory.
  10. Nike markets its products under its own brand, as well as Nike Golf, Nike Pro, Nike+, Air Jordan, Nike Blazers, Air Force 1, Nike Dunk, Air Max, Foamposite, Nike Skateboarding, Nike CR7,[9] and subsidiaries including Brand Jordan, and Converse.
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