Nike, Inc. has a rich history that began in 1964 as Blue Ribbon Sports, founded by Phil Knight after he graduated from the University of Oregon. The company focused on importing high-quality running shoes from Japan and selling them in the United States. In 1971, the company changed its name to Nike, Inc. and began producing its own line of shoes and apparel.


Over the years, Nike has become one of the world's largest suppliers of athletic shoes and apparel, with a presence in more than 190 countries. The company has sponsored many high-profile athletes and sports teams around the world, including Michael Jordan, LeBron James, and Tiger Woods, and has been involved in the pro sports industry for many years.


In addition to producing high-quality athletic gear, Nike also conducts extensive research and development through its Explore Team Sport Research Lab. This lab provides scientific insights that drive product innovation across the Nike brand.


Nike has also acquired several apparel and footwear companies over the course of its history, including Hurley International and Converse, Inc. Today, Nike is valued at $19 billion and continues to be a leader in the world of athletic gear and performance innovation.

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