Where is Nike headquartered?
A: Near Beaverton, Oregon, in the
Portland metropolitan area.
It is the world's largest supplier of what?
A: Athletic shoes and apparel.
Nike is a major manufacturer of what?
A: Sports equipment, with revenue in excess of US$37.4 billion in its fiscal
year 2020.
As of 2020, it employed how many people worldwide?
A: 76,700.
In 2020 the brand alone was valued at how much?
A: Over $32 billion, making it the most valuable brand among sports
businesses.
Nike ranked 89th in the 2018 Fortune 500 list of what?
A: The largest United States corporations by total revenue.
When was the company founded?
A: On January 25, 1964, as "Blue Ribbon Sports", by Bill Bowerman and Phil
Knight.
When did it officially become Nike, Inc.?
A: On May 30, 1971.
The company takes its name from what?
A: Nike, the Greek goddess of victory.
Nike also owned Bauer Hockey from 1995 to when?
A: 2008, and previously owned Cole Haan, Umbro, and Hurley International.
In addition to manufacturing sportswear and equipment,
the company operates what?
A: Retail stores under the Niketown name.
Nike sponsors many high-profile athletes and sports
teams around the world, with what highly recognized trademarks?
A: "Just Do It" and the Swoosh logo.
Nike, originally known as Blue Ribbon Sports (BRS), was
founded by whom?
A: University of Oregon track athlete Phil Knight and his coach, Bill
Bowerman.
The company initially operated in Eugene, Oregon as a
distributor for what?
A: Japanese shoe maker Onitsuka Tiger, making most sales at track meets out
of Knight's automobile.
In its first year in business, BRS sold how many pairs
of Japanese running shoes?
A: 1,300, grossing $8,000.
By 1965, sales had reached what?
A: $20,000.
In 1966, BRS opened its first what?
A: Retail store at 3107 Pico Boulevard in Santa Monica,
California.
In 1967, due to increasing sales, BRS expanded retail
and distribution operations to where on the East Coast?
A: In Wellesley, Massachusetts.
By 1971, the relationship between BRS and Onitsuka
Tiger came to what?
A: An end.
BRS prepared to launch its own line of what?
A: Footwear, which was rebranded as Nike.
The new line would bear the newly designed what, by
Carolyn Davidson?
A: Swoosh.
When was the Swoosh first used by Nike?
A: On June 18, 1971.
In 1976, who did the company hire?
A: John Brown and Partners, based in Seattle, as its first advertising
agency.
The following year, the agency created the first "brand
ad" for Nike, called what?
A: "There is no finish line", in which no Nike product was shown.
By 1980, Nike had attained what market share in the
U.S. athletic shoe market?
A: 50%, and the company went public in December of that year.
The first Nike retail store, dubbed Niketown, opened
where in November 1980?
A: In downtown Portland
What did Phil Knight announce in mid-2015?
A: That he would step down as chairman of Nike in
2016.
