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Nike, Inc.
Nike, Inc. ( or ) 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 Sneakers, athletic shoes and apparel 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. 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 89th in the 2018 Fortune 500 list of the largest United States corporations by total revenue. The company was founded on January 25, 1964, as "Blue Ribbon Sports", by Bill Bowerman and Phil Knight, and officially became Nike, Inc. on M ...
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Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc), i ...
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Converse (shoe Company)
Converse () is an American lifestyle brand that markets, distributes, and licenses footwear, apparel, and accessories. Founded in 1908 as the Converse Rubber Shoe Company, it has been acquired by several companies before becoming a subsidiary of Nike, Inc. in 2003. Converse initially produced winterized rubber-soled shoes and boots. During World War II, it shifted manufacturing to make footwear for the military. Initially, it was one of the few producers of athletic shoes and dominated the U.S. market, but lost its position in the 1970s as competitors presented their styles. Converse's portfolio includes products under the Chuck Taylor All-Star, Cons, Jack Purcell, One Star, and Star Chevron trademarks. It frequently collaborates on special-edition product releases with other brands such as John Varvatos. As of 2019, Converse sold products through 109 company-owned retail stores in the United States and 63 stores in international markets. The growth of Converse as a casual fash ...
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Cole Haan
Cole Haan is an American brand of men's and women's footwear and accessories that serves markets worldwide. The company was founded in Chicago, Illinois in 1928. Cole Haan currently has its headquarters in both New York City and Greenland, New Hampshire, United States. History The company name comes from founders Trafton Cole and Eddie Haan, and was originally named “Cole, Rood & Haan” when the company was strictly a men's footwear label. Today it offers many products, including men's and women's dress and casual footwear, belts, hosiery, handbags, gloves, scarves, hats, outerwear, and sunglasses. Cole Haan was sold to a group of partners headed by George Denney in 1975. These executives built upon the foundation established by Cole and Haan over the following decade, transforming the label into one of the leading U.S. footwear brands. They launched a retail division in 1982, which comprised 40 plus stores worldwide and cumulative annual sales of nearly $70 million by 1996. ...
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Nike Skateboarding
Nike Skateboarding, primarily known as Nike SB, is the Nike brand for its line of shoes, clothing, and equipment for skateboarding. Nike Skateboarding won the 2020 Webby People’s Voice Award for Best Home/Welcome Page in the category Web. History In 1997, Nike commenced production of its own line of skate shoes, but was unable to sell to many specialist skate shops, as the market was already strongly in favour of companies such as DC, Globe, eS Footwear, Emerica, and Vans. Nike was not considered a core skateboarding brand among the skateboarding community and did not receive the necessary level of support. In 2000, Nike introduced the "SB" brand. The Nike SB Dunk Low model was released, featuring a padded tongue and collar, along with "Zoom Air" insoles; the shoe was more similar to other skate shoe styles than the corporation's previous attempts. After the SB Dunk's mediocre sales, Nike released four other models: The Nike SB Angus, Nike SB FC, Nike SB Delta Force, and Nike ...
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Air Max
Nike Air Max is a line of shoes produced by Nike, Inc., with the first model released in 1987. Air Max shoes are identified by their midsoles incorporating flexible urethane pouches filled with pressurized gas, visible from the exterior of the shoe and intended to provide cushioning to the underfoot. Air Max was conceptualized by Tinker Hatfield, who initially worked for Nike designing stores. Overview M. Frank Rudy, an aeronautical engineer, first brought the idea of an air-cushioned sole to Nike in 1977. In 1979, he patented a design using polyurethane sacs filled with pressurized inert gas, and Nike has been using some version of this design ever since. As the name indicates, all Air Max shoes feature one or more translucent pouches of pressurized gas embedded in the midsole and visible from the outside of the shoe. Referred to as "Air units" or "airbags," their stated purpose is to provide superior cushioning to traditional foam while also reducing weight. The effectivenes ...
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Air Force 1 (shoe)
The Air Force is a range of athletic shoes made by Nike that began with the Air Force 1 and went on to include the Air Force 2, Air Force 3, Air Force STS, Air Force 5, Air Force XXV and Air Force 09. The Air Force 1 was created by designer Bruce Kilgore and was the first basketball shoe to use the Nike Air technology. The shoe is offered in low, mid and high-top styles. Description The shoes are sold in 5 different styles, low, mid, superlow, high and super high. The mid comes with a connected strap. The high-top Air Force 1s come with a velcro strap; the mid-top strap is secured to the shoe while the high-top's strap is movable and removable on some versions. Although the shoe comes in different colors and color schemes, the most common Air Force 1s sold are solid white (also referred to as "white on white"), the second most common being solid black ("black on black"). Another identifying characteristic of an Air Force 1 shoe is a small medallion secured to the bottom of t ...
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Nike Blazers
The Nike Blazer was the third shoe released under the newly-named sports brand Nike in 1973, originally developed as a basketball shoe. History This sneaker was originally worn by NBA star George "The Iceman" Gervin. This introduced NBA fans to the Nike brand for the first time. The Beaverton, Oregon-based brand named the design “Blazer” after its regional NBA team, the Portland Trail Blazers. The original shoe was made out of three main components, with the upper portion made of leather, the tongue made of nylon, and the midsole of rubber. At this point, other sneaker giants were also breaking into the NBA with their own basketball sneakers and basketball stars to market them. Competing collaborations included Julius Erving with Converse and Walt Frazier with Puma. The young company, then known as Blue Ribbon Sports, took on the name Nike and its well-known Swoosh logo in 1971. Nevertheless, Nike was prepared to compete with the other industry giants and that could be ...
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Air Jordan
Air Jordan is an American brand of basketball shoes produced by American corporation Nike. The first Air Jordan shoe was produced for Hall of Fame former basketball player Michael Jordan during his time with the Chicago Bulls in late 1984 and released to the public on April 1, 1985. The shoes were designed for Nike by Peter Moore, Tinker Hatfield, and Bruce Kilgore. Product history A listing of Air Jordan shoe releases since 1985. Other shoes from the Air Jordan line The Jordan Packages ;"Spizike" Michael Jordan and Spike Lee released the Jordan Spiz'ike shoes on October 21, 2006, as a tribute to their historic relationship. The relationship began when Mars Blackmon (a character from Spike Lee's film, ''She's Gotta Have It'') became the primary pitchman in Nike commercials for Air Jordans. The Spiz'ike is a mash-up of the Jordan III, IV, V, VI, Air Jordan IX and XX shoes. Only 4,567 pairs were made of the original release, with all of the proceeds going to Morehou ...
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Nike+
The Nike+iPod Sports Kit is an activity tracker device, developed by Nike, Inc., which measures and records the distance and pace of a walk or run. The Nike+iPod consists of a small transmitter device attached to or embedded in a shoe, which communicates with either the Nike+ Sportband, a receiver plugged into an iPod Nano. It can also work directly with a 2nd Generation iPod Touch (or higher), iPhone 3GS, iPhone 4, iPhone 4S, iPhone 5, iPhone 5C, iPhone 5S, or a Nike+ Sportwatch. If using the iPod or the iPhone, iTunes software can be used to view the walk or run history. The Nike+iPod was announced on May 23, 2006. On September 7, 2010, Nike released the Nike+ Running App (originally called Nike+ GPS) on the App Store, which used a tracking engine powered by MotionX that does not require the separate shoe sensor or pedometer. This application works using the accelerometer and GPS of the iPhone and the accelerometer of the iPod Touch, which does not have a GPS chip. Nike+Running ...
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Nike (mythology)
In Greek mythology, Nike (; grc, Νίκη, lit=victory, ancient: , modern: ) was a goddess who personified victory in any field including art, music, war, and athletics. She is often portrayed in Greek art as Winged Victory in the motion of flight; however, she can also appear without wings as "Wingless Victory" when she is being portrayed as an attribute of another deity such as Athena.Suidas. ''The Suda on Line: Byzantine Lexicography''. Translated by Whitehead, David, et al. (2014). Accessed 9 December 2022. https://www.cs.uky.edu/~raphael/sol/sol-html/ In Greek literature Nike is described as both an attribute and attendant to the gods Zeus and Athena. Nike gained this honored role beside Zeus during the Titanomachy where she was one of the first gods to offer her allegiance to Zeus. At Athens, Nike became a servant to Athena as well as an attribute of her due to the prominent status Athena held in her patron city. The fusion of the two goddesses at Athens has contributed to ...
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Fortune 500
The ''Fortune'' 500 is an annual list compiled and published by ''Fortune'' magazine that ranks 500 of the largest United States corporations by total revenue for their respective fiscal years. The list includes publicly held companies, along with privately held companies for which revenues are publicly available. The concept of the ''Fortune'' 500 was created by Edgar P. Smith, a ''Fortune'' editor, and the first list was published in 1955. The ''Fortune'' 500 is more commonly used than its subset ''Fortune'' 100 or superset ''Fortune'' 1000. History The ''Fortune'' 500, created by Edgar P. Smith, was first published in 1955. The original top ten companies were General Motors, Jersey Standard, U.S. Steel, General Electric, Esmark, Chrysler, Armour, Gulf Oil, Mobil, and DuPont. Methodology The original ''Fortune'' 500 was limited to companies whose revenues were derived from manufacturing, mining, and energy exploration. At the same time, ''Fortune'' published compani ...
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Sports Equipment
Sports equipment, sporting equipment, also called sporting goods, are the tools, materials, apparel, and gear used to compete in a sport and varies depending on the sport. The equipment ranges from balls, nets, and protective gear like helmets. Sporting equipment can be used as protective gear or a tool used to help the athletes play the sport. Over time, sporting equipment has evolved because sports have started to require more protective gear to prevent injuries. Sporting equipment may be found in any department store or specific sporting equipment shops. History and development of sports Historically many sports players have developed their own sporting equipment over time. For instance, the use of a football dates back to ancient China, between 225 BC and 220 AD. As football remains the most popular sport in the 21st century, the material of the ball has completely changed over the centuries; from being made out of animal skin, to being lined with multiple layers of polyest ...
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