Preview

Nike - Company Profile

Powerful Essays
Open Document
Open Document
3925 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Nike - Company Profile
Nike

Problem definition

We have chosen to write about Nike. First of all we are going to make a company description of Nike and write about their history, and then we would like to make a swot analysis, wherein we are going to write about the company’s strengths, weaknesses, their opportunities and their threats. Then we will write about the importance of globalization for Nike’s expanding. After that, we will write about their policies, among these we will mention their environment policy. After this, we will write about their working conditions, on the different Nike factories. And hereafter we are going to write about the American business culture, and then write about their products. Finally, we will round our report off by evaluating it, and by making a conclusion.

History / company profile:

Bill Bowerman and Bill Hayward founded Nike in 1964 as Blue Ribbon sports BRS. BRS opened its first retail outlet in Santa Monica, California in 1966 and later they opened their first west retail store in Eugene, Oregon.

The brand name Nike and the company’s swoosh was created in 1971. Some years later in 1979 Nike introduced its first pair of running shoes, with air-sole that was engineered by former NASA employee Frank Rudy. In 1981 Nike opened its first footwear distribution center in Memphis, Tennessee.

Later in 1990, Nike opened its first Nike town store in Portland, Oregon. They made an exclusive agreement with The Athletic Congress in 1992, so that every medallist in the Barcelona games would wear Nike Apparel.

In 1993 Nike introduced the “Reuse-A-shoe” program, whereby old athletic shoes would be collected and used in the making of athletic courts, tracks and fields. During March 2004, Nike and Australian soccer Association entered a partnership. Two years later in 2006, Nike and Google announced a website Joga.com, and this website was an online community for football. It is available in 14 languages. Since Nike has also introduced Joga TV

You May Also Find These Documents Helpful

  • Good Essays

    Since the beginning, Nike has ventured into other countries outside the United States. The Nike Corporation was founded by Bill Bowerman and Philip Knight. The company headquarters is in Beaverton, Oregon and its expansion to other countries is with the aim of reaching the untapped markets around the world in order to increase its…

    • 1081 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    Nike is a well-recognized athletic sporting brand that has a dominant impact on the global market. Nike USA headquarter is located in One Bowerman Drive Beaverton, OR 97005. Nike was founded in Oregon Portland and now it’s globally operating in 120 countries. It has a diverse workplace with over fifty thousand employees with different backgrounds and still assisting customers with top customer satisfaction rating. Nike is a multinational company that has exceeded sales over 10 billion dollars in the recent years. The fortune magazine has ranked Nike the number one apparel company in its class. Also, Nike was chosen by employees the best corporation to work for. Nike was created by Bill Bowerman and Phil Knight by both of them investing 1200…

    • 236 Words
    • 1 Page
    Satisfactory Essays
  • Good Essays

    Who Is Philip Knight?

    • 757 Words
    • 4 Pages

    He outlined a plan for breaking the records Adidas had on the running-shoe market by using cheap Japanese labor to make a cheaper, better-quality running shoe. In 1964 Knight and his former track coach, Bill Bowerman, each invested $500 to start Blue Ribbon Sports, which was the start of Nike. They had both shown dissatisfaction with running shoes and decided to try to improve on shoe design. In 1972 the first shoe to appear under the Nike brand, The Cortez, came about.…

    • 757 Words
    • 4 Pages
    Good Essays
  • Powerful Essays

    INTRODUCTION Founded in 1968 in Oregon, Nike's business activities involve design, development and the worldwide marketing of high quality apparel, equipment, footwear and accessory products.…

    • 4587 Words
    • 12 Pages
    Powerful Essays
  • Best Essays

    Nike- Ethical Issues

    • 1448 Words
    • 6 Pages

    Nike was established in 1972 by Bill Bowerman and Phil Knight. These two men were visionaries. The goal for Nike was to carry on Bowerman’s legacy of innovative thinking by helping every athlete reach their goal or by creating lucrative business opportunities that would set the company apart from any competition. This included providing quality work environments for all who were employed by Nike.…

    • 1448 Words
    • 6 Pages
    Best Essays
  • Good Essays

    Nike Company History

    • 593 Words
    • 3 Pages

    Bill Bowerman and Phil Knight founded Nike Inc. as Blue Ribbon Sports in 1962. The partners began their relationship at the University of Oregon where Bowerman was Knight’s track and field coach. While attending Stanford University, Knight wrote a paper about breaking the German dominance of the U.S. athletic shoe industry with low-priced Japanese shoes. In an attempt to realize his theory, Knight visited Japan and engineered an agreement with the Onitsuka Tiger company, a manufacturer of quality athletic shoes, to be their sole distributor in the United States.…

    • 593 Words
    • 3 Pages
    Good Essays
  • Best Essays

    This report examines NIKE Inc. one of the leading sports brand in the world. It uses business analysis techniques such as SWOT, PESTEL, Porter’s five forces, and Ratio analysis to analyse the business environment and performance of this company.…

    • 3339 Words
    • 13 Pages
    Best Essays
  • Good Essays

    The Travails of Nike

    • 1404 Words
    • 5 Pages

    Nike, Inc. is a world’s leading supplier and a major manufacturer of athletic shoes and sports apparel. It was founded on January 25th, 1964 as Blue Ribbon Sports by Philip Knight and Bill Bowerman. It officially became Nike, Inc. in 1978. Currently their brands include Nike Golf, Nike Pro, Nike+, Air Jordan and Nike Skateboarding, while their subsidiaries are Cole Haan, Hurley International, Umbro and Converse. During this stage, the Nike brand has become so strong as to place it in the list of recession-proof consumer branded giants, in the company of Coca-Cola, Gillette and Proctor & Gamble.…

    • 1404 Words
    • 5 Pages
    Good Essays
  • Good Essays

    On January 25, 1964, Bill Bowerman and Phil Knight founded “Blue Ribbon Sports.” Mr. Bowerman and Mr. Knight officially changed the name of their company “Blue Ribbon Sports”, to Nike, Inc. on May 30, 1971. It started out as the two of them selling running shoes from a Japanese manufacturer out of the back of their van. They would park their van outside of track meets and try to sell their running shoes to the athletes. Nike is now headquartered in Beaverton, Oregon. To think that Nike came all the way from selling running shoes out of a van shows how far they have come as a company. This shows what Nike’s effective marketing and advertising strategies, quality products, and successful financial plan was able to let them do throughout…

    • 470 Words
    • 2 Pages
    Good Essays
  • Powerful Essays

    Nike Financial Analysis

    • 2483 Words
    • 10 Pages

    Nike is a company that has thoroughly embedded itself into the psyche of people around the world. It's a company that started with humble origins from selling footwear in the basement to becoming the behemoth in the athletic industry. Bill Bowerman, University of Oregon track & field coach, and Phil Knight, middle-distance runner under Bowerman co-founded Nike. Nike was first established as Blue Ribbon Sports in 1964 as a partnership and the name Nike was officially adopted on May 30, 1978. The infamous Nike Logo - Swoosh, was created for a fee of $35 by Carolyn Davidson, a graphics design student. In 1980, Nike becomes a publicly traded company with the completion of its Initial Public Offering of 2,377,000 shares of Class B Common Stock on New York Stock Exchange with the stock symbol NKE. Today, Nike employs over 27,000 people across the globe, and has net revenue in excess of $13 billion.…

    • 2483 Words
    • 10 Pages
    Powerful Essays
  • Good Essays

    Nike Brand Extension

    • 897 Words
    • 3 Pages

    Since the day Nike was founded in 1964 in Beaverton, Oregon by Bill Bowerman and Phil Knight by using rubber and a waffle iron to make the sole of the first shoe, Nike has exploded onto the scene as one of the most popular brands on the market. Nike has gone from a few employees working in a garage to thousands of employees across the globe. “Nike directly employs more than 30,000 people across the globe, from designers and marketers to compliance monitors and accountants, to retail employees. In addition, Nike contracts with manufacturers that employ more than 800,000 workers” (NIKE, Inc., 2015).…

    • 897 Words
    • 3 Pages
    Good Essays
  • Powerful Essays

    Nike Ethics

    • 1488 Words
    • 6 Pages

    Nike Incorporated is the number one leading sportswear and equipment provider in the world. They manufacture anything from casual clothes to sports equipment, shoes to socks, and basketballs to golf balls. As a result of its massive success, Nike employs nearly 30,000 people worldwide while manufacturing in 700 shops around the globe and has 45 offices outside the United States. Its extensive reach into the global market has Nike producing more exclusive products than any other manufacturer in the world. Nike’s headquarters is located in the metropolitan area of Portland, Oregon.…

    • 1488 Words
    • 6 Pages
    Powerful Essays
  • Good Essays

    Ronaldo Ad

    • 889 Words
    • 4 Pages

    Nike is an American company created by Bill Bowerman and Phil Knight. It was founded in 1964 as Blue Ribbon Sport and later in 1971 officially became NIKE inc. NIKE is a multinational corporation that…

    • 889 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Nike Case Study

    • 947 Words
    • 4 Pages

    Nike was founded in 1964 by Bill Bowerman and Phil Knight. ("Nike, inc. history," ) Bill Bowerman was a track coach at the University of Oregon and Phil Knight was a student and part of the track team at the University of Oregon. ("Nike, inc. history," ) For years, Bill Bowerman was always looking for ways to give his runners a competitive advantage, whether it be by energy drinks or providing his runners with shoes. He even came up with his own designs for shoes. Phil Knight was a finance major. ("Nike, inc. history," ) Upon completing his degree at Stanford University, Phil Knight sought out companies in Asia to produce running shoes that could compete with the German made running shoes in the United States. ("Nike, inc. history," ) Most companies did not want to hear his idea. Phil Knight’s big break came when the Onitsuka Company offered to make Knight a distributor of their Tiger shoe. Phil Knight accepted their offer and soon contacted his old coach Bill Bowerman, to have the Oregon runners try out the shoes. Bowerman not only accepted Phil Knights offer but he in turn suggested the go into business together. In 1964, Blue Ribbon Sports was formed.…

    • 947 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Nike hit the ground running in 1962. Originally known as Blue Ribbon Sports, the company focused on providing high-quality running shoes designed especially for athletes by athletes. Founder Philip Knight believed that high-tech shoes for runners could be manufactured at competitive prices if imported from abroad. The company’s commitment to designing innovative footwear for serious athletes helped it build a cult following among American consumers. By 1980, Nike had become the number-one athletic shoe company in the United States.…

    • 441 Words
    • 2 Pages
    Good Essays

Related Topics