RECENT OPERATIONAL PERFORMANCE Gap Inc. Gap Inc. is a global specialty retailer offering clothing, accessories and personal care products for men, women, children and babies. The company has grown from a single store to a global fashion business with five brands — Gap, Banana Republic, Old Navy, Athleta and Intermix. Gap was founded by Doris and Don Fisher in 1969. The Fisher family still owns about 40% of Gap Inc.. The reason to establish the company was that Don couldn’t find a pair of jeans that fit him.
It repetition has been known world widely. Company Background The trademark of Nike which mean naɪki in US and also known as naɪk for the non-US. The Nike is established on 25 January 1964 by Bill Bower man and Phil Knight. The Nike, Inc company became officially in 30 May 1971. It is a multinational corporation that involved design, development, manufacturing and worldwide marketing and selling of footwear, apparel, equipment, accessories and services.
Thus, this will bring effect to company 's profit and reputation as well. Mark Parker joined Nike in 1979 as a footwear designer based in its Research and Development facility in Exeter, New Hampshire. He became Division Vice President in charge of development in 1987, Corporate Vice President in 1989, General Manager in 1993, and Vice President of Global Footwear in 1998. Prior to becoming vice president of Nike, he served as co-president with Charlie Denson of the Nike brand beginning in March 2001. He still participates in shoe design, most notably on the Nike HTM project, creating limited edition footwear alongside Nike designer Tinker Hatfield and creative consultant Hiroshi Fujiwara.
. History of Sports Footwear The origins of the sneaker can be found on the canvas and light croquet shoes rubber soles, which were produced by New Liverpool Company (UK). At about the same time similar products were developed in America that became known as the sneaker name. The 1970s saw an explosion in the sports shoe industry launched by competitive emerging companies such as Nike, Reebok, and Adidas. Unlike more established companies that managed to update their shoes annually, and shoes produced in line for particular sports.
1. Major Facts:- Nike made, created, and sold sport and casual shoes, efficient sports and leisure clothes, sports items, and materials under the Nike, Bauer, Cole-Haan, and Hurley brands names . It was the biggest vender of sport shoes and clothing around the universe, with a U.S. market share more than 40%. The organization's product were offered at around 18,000 retail stores in the United States, containing shoes stores, department stores, and sporting products stores. It also distributed to specialty , skate, tennis, and golf shops.
Nike Company is accepting challenges and also looks for to achieve the goals of short-term and long-term. SWOT analysis of Nike For sports shoes, one of the top company in the world is Nike. We can discuss the SWOT of Nike Company through the strengths, weaknesses, opportunities and threats. Strengths: Number one shoe maker in the world is Nike. This company makes products for different sports like baseball, volleyball, golf, tennis, football and cheerleading etc.
Nike was founded on January 25, 1964, as Blue Ribbon Sports by Bill Bowerman and Phil Knight and was officially named Nike Inc. on May 30, 1971 (Wiki). The company initially operated as a distributor for Japanese shoe maker Onitsuka Tiger (Wiki). Nike first started making shoes with the help of Bowerman. He made track shoes for Phil Knight, a track and field athlete, at the time, attending the University of Oregon. In Blue Ribbon Sports first year of business, they sold 1,300 pairs of running shoes.
Introduction Nike is the brand in the case study. It was founded on the 25th of January 1964 as Blue Ribbon Sports by athlete and MBA student Phil Knight and his coach Bill Bowerman. The company initially operated as a distributor for a Japanese shoe maker until 1971 when it began manufacturing its own products. (Knight, 2016) Nike’s headquarters are in Beaverton, Oregon and has 74000 employees worldwide. Nike works with 554 independent contract factories in 42 countries with a total of 1017345 workers to manufacture its products.
A Familiar organization There are many familiar organizations that have successfully used globalization to expand markets and profitability. One of such organization is Nike Inc. Established in 1964 with the name ‘Blue Ribbon Sports’ (BRS) by Phil Knight and Bill Bowerman, the organization began as a distributor and importer of Japanese running shoes before embarking on a project to design its brand, which has become a household name in sportswear industry (O 'Reilly, 2014). Analyzing ways Nike Inc. has successfully used globalization to expand markets and profitability. There are various ways Nike Inc. has successfully used globalization to expand markets and profitability.
History and Inception. 1964-1969 The METRO Cash & Carry (MCC) company was established in 1964. In that year, the first full scale METRO Cash & Carry wholesale store opened in Mülheim an der Ruhr with selling space of 14,000 square metres. That was a new dimension in food and non-food wholesale. The MCC company was founded by the two brothers Wilhelm Schmidt-Ruthenbeck and Erwin Schmidt as well as the Schell family, owner of a wholesale company for electrical appliances.