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Nike, Inc. [note 1] (stylized as NIKE) is an American athletic footwear and apparel corporation headquartered near Beaverton, Oregon, United States. [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.
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1971 Graphic designer Carolyn Davidson created the famous Nike 'Swoosh' logo and sold it to the company for US$35.00. [3]Renamed from Blue Ribbon Sports, and debuted the waffle iron trainers invented by Bill Bowerman.
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In 2016, Nike retired the numbering system in favor of the RN designation. In 2019, Nike brought back the numbering system in the new Nike Free RN 5.0 and the Free RN 3.0. In 2019 the naming was changed again. The Free series consists of only two models, the RN 5.0 and RN Flyknit 3.0.
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