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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.
- 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.
- The company is headquartered near Beaverton, Oregon, in the Portland metropolitan area.
- It is the world’s largest supplier of athletic shoes and apparel.
- 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)
- As of 2020, it employed more than 75,400 people worldwide.
- In 2020 the brand alone was valued in excess of $32 billion, making it the most valuable brand among sports businesses.
- Previously in 2017, the Nike brand was valued at $29.6 billion
- Nike ranked No. 89 in the 2018 Fortune 500 list of the largest United States corporations by total revenue.
- The company takes its name from Nike, the Greek goddess of victory.
- 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.
