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Nike, Inc. [note 1] (stylized as NIKE) is an American athletic footwear and apparel corporation headquartered near Beaverton, Oregon. [6] It is the world's largest supplier of athletic shoes and apparel and a major manufacturer of sports equipment, with revenue in excess of US$46 billion in its fiscal year 2022.
During Nike's investor day, management provided a long term revenue forecast of achieving $36 billion in revenue by 2017. This objective translates to a roughly 9% compounded annual growth rate ...
The founder of the Wieden+Kennedy agency, Dan Wieden, credits the inspiration for his "Just Do It" Nike slogan to a death row inmate Gary Gilmore’s last words: "Let's do it." [1] From 1988 to 1998, Nike increased its share of the North American domestic sport-shoe business from 18% to 43% (from $877 million to $9.2 billion in worldwide sales ...
Larry G. Miller is an American business executive for Nike, Inc. He spent five years as the team president of the Portland Trail Blazers in the National Basketball Association (NBA). In his memoir, Jump: My Secret Journey From the Streets to the Boardroom , Miller writes that he was involved in a gang when he was 16, committing the murder of ...
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Shoe Dog [2] is a memoir by Nike co-founder Phil Knight. [3] The memoir chronicles the history of Nike from its founding as Blue Ribbon Sports and its early challenges to its evolution into one of the world's most recognized and profitable companies. It also highlights certain parts of Phil Knight's life. The book was ghostwritten by J. R ...
Nike has grown in popularity among millennial investors after releasing its controversial Colin Kaepernick ad. Nike's controversial bet on Kaepernick has millennial investors piling into the stock ...
In 2011 Nike agreed to become the official apparel company of the NFL in exchange for around $220 million per year, a deal that has been extended through 2019. At the college level, Ohio State and Nike maintain a contract that provides the school a value of $16.8 million per year in cash and product through the 2033-34 academic year. [ 36 ]