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is an American multinational corporation that is engaged in the design, development, manufacturing, and worldwide marketing and sales of footwearapparel, equipment, accessories, and services. The company is headquartered near BeavertonOregon, in the Portland metropolitan area. It is the world’s largest supplier of athletic shoes and apparel[4] and 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 76,700 people worldwide.[5] In 2020 the brand alone was valued in excess of $32 billion, making it the most valuable brand among sports businesses.[6] Previously in 2017, the  brand was valued at $29.6 billion.[7]  ranked No. 89 in the 2018 Fortune 500 list of the largest United States corporations by total revenue.[8]

The company was founded on January 25, 1964, as “Blue Ribbon Sports”, by Bill Bowerman and Phil Knight, and officially became Nike, Inc. on May 30, 1971. The company takes its name from Nike, the Greek goddess of victory.[9] Nike markets its products under its own brand, as well as Nike Golf, Nike Pro, Nike+Air JordanNike BlazersAir Force 1,  Dunk, Air Max, Foamposite, Nike Skateboarding, CR7,[10] and subsidiaries including Jordan Brand and Converse. Nike also owned Bauer Hockey from 1995 to 2008, and previously owned Cole HaanUmbro, and Hurley International.[11] In addition to manufacturing sportswear and equipment, the company operates retail stores under the  name. Nike sponsors many high-profile athletes and sports teams around the world, with the highly recognized trademarks of “Just Do It” and the Swoosh logo.

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