INDUSTRY · BUSINESS
Nike, Inc.
Industry
6
Nike, Inc., headquartered near Beaverton, Oregon, grew from Blue Ribbon Sports, founded in 1964 by Phil Knight and Bill Bowerman, into the world’s largest supplier of athletic shoes and clothing. Initially distributing Onitsuka Tiger shoes, the company expanded through Bowerman’s running-shoe innovations, including the waffle sole, and launched its own Nike brand in the early 1970s with the Swoosh logo. Advertising campaigns such as “There is no finish line” and “Just Do It” helped define its identity as it grew into apparel, equipment, and global sports partnerships. Nike’s influence extends beyond sales to shaping the style, language, and business of modern sport.
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