About Business
Nike, Inc. is a popular American company producing athletic footwear and apparel. It was founded on 25 January 1964 by Bill Bowerman and Phil Knight. The company is headquartered near Beaverton, Oregon, United States. The name ?Nike? was derived from Greek, where Nike is considered the goddess of victory. Nike owns many brands under which it markets its products and holds various subsidiaries, such as Air Jordan and Converse. Alongside producing sportswear and footwear, Nike also runs several retail stores and sponsors great athletes and high-profile personalities with its Swoosh logo. Before Nike was formed, the company was recognized as Blue Ribbon Sports, and it started in Eugene, Oregon. To date, Nike has acquired numerous brands, including Cole Haan, a footwear company, in 1988.