Nike, headquartered near Beaverton, Oregon, is a global leader in athletic footwear and apparel, with revenue exceeding $46 billion in 2022. Founded in 1964 as “Blue Ribbon Sports,” it officially became Nike, Inc. in 1971, deriving its name from the Greek goddess of victory.
The company, valued at over $32 billion in 2020, boasts a rich history, marked by iconic designs like the “Moon Shoe” in 1972 and the famous “Just Do It” slogan coined by Dan Wieden in 1988. Nike has continually evolved, expanding its product line globally and securing a 50% market share in the U.S. athletic shoe market by 1980. With a legacy of innovation and a commitment to athletes worldwide, Nike remains a powerhouse in the sports industry under the leadership of CEO John Donahoe since January 2020.