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Nike, Inc.

Nike, Inc. is a science topic covered in the lgStudy science library. This page brings together a partial reference excerpt, illustrations, worked examples, real-world applications and a short study plan, so you can understand Nike, Inc. rather than just read about it. In short: Nike, Inc. is an American athletic footwear and apparel corporation headquartered near Beaverton, Oregon. 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.

Nike, Inc. — main illustration
Nike, Inc. — illustration

Key takeaways

  • Nike, Inc. belongs to science; place it in that map before memorising details.
  • Learn the definition first, then one example that makes the definition concrete.
  • Connect Nike, Inc. to a quantity you can measure, compute or draw — that is where exam questions come from.
  • Reproduce the core statement of Nike, Inc. from memory before moving on to harder problems.

Reference excerpt

Nike, Inc. is an American athletic footwear and apparel corporation headquartered near Beaverton, Oregon. 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. The company was founded on January 25, 1964, as "Blue Ribbon Sports", by Bill Bowerman and Phil Knight, and officially became Nike, Inc. on May 30, 1971. The company takes its name from Nike, the Greek goddess of victory. Nike markets its products under its own brand, as well as Nike Golf, Nike Pro, Nike+, Nike Blazers, Air Force 1, Nike Dunk, Air Max, Foamposite, Nike Skateboarding and Nike CR7. The company also sells products under its Air Jordan brand and its Converse subsidiary. Nike also owned Bauer Hockey from 1995 to 2008, and previously owned Cole Haan, Umbro, and Hurley International. In addition to manufacturing sportswear and equipment, the company operates retail stores under the Niketown name. Nike sponsors many high-profile athletes and sports teams around the world, with the highly recognized trademarks of "Just Do It" and the Swoosh logo. As of 2024, it employed 83,700 people worldwide. In 2020, the brand alone was valued in excess of $32 billion, making it the most valuable brand among sports businesses. Previously, in 2017, the Nike brand was valued at $29.6 billion. Nike ranked 89th in the 2018 Fortune 500 list of the largest United States corporations by revenue. The company ranked 239th in the Forbes Global 2000 companies in 2024.

History

… excerpt ends here. Continue reading the full article.

Illustrations

Nike, Inc. illustration
Nike, Inc. illustration
Nike, Inc.: Bill Bowerman (left) conversing with Phil Knight (second from left) and two other members of the Oregon track team, 1958.
Bill Bowerman (left) conversing with Phil Knight (second from left) and two other members of the Oregon track team, 1958.
Nike, Inc.: A Nike flagship store in Manhattan
A Nike flagship store in Manhattan
Nike, Inc. illustration

Worked examples

Example 1 — a first encounter with Nike, Inc.

Start with the simplest possible case. Write down what Nike, Inc. claims or describes in one sentence, then invent the smallest concrete situation in which that sentence is true. In science, the smallest case is usually a single object, a single equation or a single measurement. Check that every symbol or term in your sentence has a meaning in that case.

Example 2 — changing one variable

Take the situation from Example 1 and change exactly one quantity: double it, halve it, or set it to zero. Predict what should happen to Nike, Inc. before you calculate. Comparing your prediction with the result is the fastest way to find out whether you understand the idea or only the words.

Example 3 — an exam-style question

Typical questions about Nike, Inc. ask you to (a) state it precisely, (b) apply it to given data, and (c) explain a limitation. Practise writing all three answers in under five minutes; the third part is what separates a full-mark answer from an average one.

Applications of Nike, Inc.

In research
Nike, Inc. appears in science research whenever the underlying quantities have to be modelled precisely. Papers usually cite it as a starting assumption and then explore where it breaks down.
In technology and industry
Engineering practice reuses Nike, Inc. in design rules, simulations and safety margins. Knowing the idea lets you read a specification sheet and understand why the numbers look the way they do.
In the classroom
Nike, Inc. is common in secondary-school and first-year university syllabi. It links to neighbouring topics 1964 establishments in Oregon, 1970s fashion, 1980s fashion, so understanding it makes those chapters shorter.
In everyday life
Look for Nike, Inc. outside the textbook — in sport, cooking, traffic, electronics or the sky above you. An example you found yourself is remembered far longer than one you were given.
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How to study Nike, Inc. in 20 minutes

  1. Read the reference excerpt below once, without taking notes.
  2. Close the page and write down what Nike, Inc. means in your own words.
  3. Compare your version with the excerpt and mark what you missed.
  4. Work through the three examples above with pen and paper.
  5. Explain Nike, Inc. out loud to somebody else — or to Teacher Smith in the lgStudy chat.

Frequently asked questions

What is Nike, Inc. in simple terms?

Nike, Inc. is an American athletic footwear and apparel corporation headquartered near Beaverton, Oregon. 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.

Why does Nike, Inc. matter?

Because it connects several science ideas at once: it gives you a definition you can apply, a quantity you can calculate, and a way to check whether a result is plausible.

How should I study Nike, Inc.?

Read the excerpt, restate it from memory, then work through the examples and applications listed on this page. The five-step study plan above takes about twenty minutes.

What does this page cover?

It gives you a compact reference excerpt plus original lgStudy explanations, examples, applications and study material on Nike, Inc..

Tags

  • 1964 establishments in Oregon
  • 1970s fashion
  • 1980s fashion
  • 1980s initial public offerings
  • 1990s fashion
  • 2000s fashion
  • 2010s fashion
  • 2020s fashion
  • American companies established in 1964
  • Athletic shoe brands
  • Clothing companies established in 1964
  • Companies based in Beaverton, Oregon

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