Company Overview NIKE, Inc. is the leading athletic footwear, apparel and equipment company in the world today and continues to grow globally. NIKE is dedicated to inspire every athlete to reach their potential and continue to commit themselves to innovation, sustainability and design. NIKE strives for innovation that serves the athlete, continue the growth of the company and deliver inspiration to everyone that uses their products. NIKE, Inc. includes five distinct brands which are NIKE Brand, Converse
Nike, Inc. was founded in 1964 and is headquartered in Beaverton, Oregon. Nike offers products in eight categories: running, basketball, football, men’s training, women’s training, sportswear, action sports, and golf. They also market products designed for kids, and many other recreational sports. As of November 30, 2015, their profit margin is 11.55%, with revenues roughly $31.34 billion. Some of Nike’s key competitors for women’s clothing are Lululemon, Adidas, and Under Armour. Most people know
Luke Lowry Nike, Inc. Assignment 1 An University of Oregon track athlete Phil Knight and his coach Bill Bowerman started the company under the name of Blue Ribbon Sports on January 25, 1964. They officially became Nike, Inc. on May 30, 1971. They took the name Nike, from the Greek goddess of victory. Nike retails its products under its own name, as well as Nike Golf, Air Jordan, Nike Blazers, Air Max, and supplementary of Nike including Jordan, Hurley International, and Converse. In addition to
years, Under Armour, Inc had 29% average growth of sales a year. Astonishing growth for Under Armour in well-established sportswear industry is supported by tripled increase in assets since 2010. Interestingly, Under Armour did not increase its long term liabilities, particularly debt, over same period of time. Increase in value of assets was supported by increase in owner’s equity, which has triples since 2010. The purpose of this part of the report is to evaluate Under Armour, Inc. current performance
The Nike Inc. was founded on January 25, 1964. Nike was long known for as a Blue Ribbon Sports by Bill Bowerman and Paul Knight, and for a long period of the time it originally became Nike Incorporation. Nike incorporation is a multinational corporation involved in the design, equipment, development, manufacturing, accessories, services, and last but not the list is Nike is the most worldwide marketing and sales of footwear. The Nike inc. Was in Beaverton, Oregon. The company was the world’s largest
"Don't you just love shoes and clothes!? Well I do, who doesn't?" Everyday the Nike company will be filled with people trying to buy things. This company has everything from socks to shorts, running shoes to basketball shoes, and even athletic clothes. You have to be interested in finding out how Nike became a thing!I chose to talk about this topic because I thought it had a lot of background information and that it will be a great topic to talk about in a paper. In my paper I will be writing about
Unit 4 Discussion For this assignment, I going to write about Nike’s corporation foresight. Nike is an American corporation founded in 1964 by Bill Bowerman and Phil Knight. The Corporation engages in the sale of athletic footwear, apparel, and accessories as well as the design, development, and marketing (Nike, Inc. Company Description, n.d). A corporate foresight refers to the practice, capabilities, and ability of a firm. The corporate foresight would allow the company to detect errors in the
Nike was named the most innovative company of the year 2013, according to Fast Company. Nike’s goal as a company is to design innovative, sustainable and stylish products. As a company it wants to push itself and it’s consumer “to reach the next level of achievement.” (Nike,inc) There are three main goals that serve as the founding principals of the company; to serve athletes, expand the company and deliver inspiration for the forward thinkers. Nike has five separate major departments that make it
1957 Phil Knight and Bill Bowerman were friends and had a brilliant idea to design a sport running shoes and manufacture the sports running shoes their self. Although, this was a risky business investment they marketed gear toward sports shoes and took the risk. The first pair of running shoe were created inside of a waffle iron. Eventually, shoes were manufactured by Otsuka Tiger in Japan (Parnell,2008). Knight and Bowerman desired to produce and focus on quality running shoes subsequently they
Project Deliverable 6: Project Plan Nike, Inc. is currently trying to make a wave in the footwear industry with innovative design, development, manufacturing, and marketing. Due to the increasing demand of Nike products, the company needs to expand the headquarters to accommodate the new changes. Currently, there are around twenty employees that are a part of the IT department, but that will change as well when the headquarters is expanded. A significant part of Nike, Inc. operates domestically, but the
financial results for Nike Inc. for the third quarter which ended February 28, 2017. The revenue was $8.4 billion with an increase of seven percent. The financial results for Nike Inc. for the third quarter which ended February 29, 2016. The revenue was $8 billion with an increase of eight percent. The financial results for Nike Inc. for the third quarter which ended February 28, 2015. The revenue for Nike was $7.5 billion which increased seven percent. The financial results for Nike Inc. for the third
Nike, Inc. has been around for more than 50 years with the mission to make lighter and better athletic sporting goods to help athletes become their best. Bill Bowerman ,a University of Oregon track athlete, set out on a mission to find a lighter, more durable shoe for his athletes and bumped into Phil Knight ,a marketing expert, and together they created Nike, Inc. At first they started selling the product out of the back of Phil Knight's automobile. Otis Davis a former athlete at the University
assets is required to file a form 10-k with SEC on a yearly basis. Introduction Nike was founded in 1964 and incorporated in 1967 under the laws of the State of Oregon. Philip Knight and Bill Bowerman are the founders of Nike. The company’s original name was Blue Ribbon Sports. In May of 1971, the company changed its name to Nike after the Greek goddess of victory. Nike is the world’s largest seller
Part I. Nike, Inc. is a major publicly traded sportswear and equipment supplier based in the United States. The company is headquartered in the Portland metropolitan area of Oregon, near Beaverton. It is the world's leading supplier of athletic shoes and apparel and a major manufacturer of sports equipment with revenue in excess of $16 billion USD in 2007. As of 2008, it employed over 30,000 people world-wide. Nike and Precision Castparts are the only Fortune 500 companies headquartered in the state
improving their shoes in his free time. Nike was original name was Bluee Ribbin Sports and operated as a distributor for a Japanese shoemaker by the name Onitsuka Tiger. The company opened its first retail shop in 1966, under the Nike brand. The company officially changed its name to Nike, Inc. in 1971. After the name change in 1971, the company went public two years later. The company is headquartered near Beaverton, Oregon, in the Portland metropolitan area. Nike currently has more than 74 thousand
founded NIKE, Inc in 1972 as a company focusing on manufacturing sportswear shoes, clothes, and equipment. About 40 years later, the worldwide multinational corporation is the major leader of sports equipment and athletic shoes. The name's brand comes from the Goddess of Victory in ancient Greek religion. Nowadays, NIKE Inc manufactures and distributes in more than 100 countries across the world. Its primary market regions are the United States, Europe, and Asia Pacific. The brand catchy name NIKE, that
providing athletic inspired footwear, apparel, and accessories. The company’s operations extend to countries all over in North America, Europe, and the Asian-Pacific with a total store count standing at 3,396 as of the end of April 2016. Foot Locker Inc. operates under various subdivisions. These include Foot Locker, Lady Foot Locker, Kids Foot Locker, Champs Sports, Eastbay, and Footaction. Formerly known as the Woolworth Corporation, the company operated Footlocker stores in the late 1980s and early
From t-shirts to shoes, Nike has become the world’s top producer in athletic wear. Nike has competitors such as Under Armour, Adidas, Reebok, and others that produce similar clothing and athletic wear. One main competitor against Nike in the sportswear field is Under Armour. Under Armour produced its first major sale in 1996, bringing in around $17,000 in revenue. Over the years, Under Armour has created various products that are very similar to the products that Nike has been producing. Under
is proven to be so effective in today's society that you can't even go outside without seeing its logo/slogan. What logo you might ask, I'm talking about the well-known, “Just do it” Nike logo. The well-known company known as “Nike” was founded but 2 people. Phil Knight and Bill Bowerman on January 25th, 1964. Nike was first known as Blue Ribbon Sports and was founded by the University of Oregon track athlete Phil Knight and Bill Bowerman who was Phil's coach at the time. The company at first
Lucy Lucy Activewear which was previously known as Lucy.com is a leading American clothing retailer located in Alameda, California. It was launched in November 1999 by previous Nike executives, and it is well known for its activewear for women, which includes clothing planned for use while doing yoga. It designs, manufactures and sells its own product lines, which includes products like jackets, bras, tops, and bottoms. All of its products feature the high-performance qualities you'd anticipate