What is the history of Nike?

What is the history of Nike?

Nike, Inc. is a global leader in the sports apparel and footwear industry. The company was founded in 1964 by Bill Bowerman and Phil Knight in San Diego, California. Bowerman and Knight were former athletes who were looking to create a company that would provide athletes with high-quality, affordable sportswear.

Nike's history is marked by innovation, collaboration, and a commitment to excellence. The company has been involved in some of the biggest sporting events in history, including the Olympics, the Super Bowl, and the World Cup. Nike has also been a pioneer in the use of technology, developing the first athletic shoe with a built-in sole in 1978.

Today, Nike is one of the most valuable companies in the world, with a market capitalization of over $200 billion. The company employs over 10,000 people worldwide and has a presence in over 190 countries. Nike is a global brand that is synonymous with excellence and innovation.

Here is a timeline of some of the key milestones in Nike's history:

  • 1964: Bill Bowerman and Phil Knight found Nike in San Diego, California.
  • 1966: Nike introduces the first athletic shoe with a built-in sole, the Nike Air Jordan.
  • 1971: Nike opens its first retail store in New York City.
  • 1975: Nike becomes the official sportswear provider for the Olympic Games.
  • 1980s: Nike becomes a major sponsor of the NBA team the San Diego Clippers.
  • 1990s: Nike introduces the Nike Air Max 90 sneaker.
  • 2000s: Nike introduces the Nike LeBron James signature shoe.
  • 2010s: Nike introduces the Nike Flyknit shoe.
  • 2015: Nike introduces the Nike Air Force 1 sneaker.
  • 2016: Nike introduces the Nike Air Jordan 1 Retro High sneaker.
  • 2017: Nike introduces the Nike Dunk Low sneaker.

Nike's history is a testament to the power of innovation, collaboration, and a commitment to excellence. The company has been a major force in the sports apparel and footwear industry, and its products and services have helped athletes achieve their goals.

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