Nike, Inc. Wikipedia. This article is about the sportswear and apparel company. For other uses of the name Nike, see Nike disambiguation. Nike, Inc. official, US n a k i also, nonUS n a k is an American multinational corporation that is engaged in the design, development. Daily paper. Local, state, and wire news and commentary. Photo galleries, business and obituaries. Current news topics,news, headlines, top stories, breaking news, news topics, current events, politics, election, blogs, coverage of US politics, entertainment, style. Friends, family and colleagues mourn Bill Mathews, the officer who always policed with a smile on his face. Nike, Inc. official,US also, non USnote 1 is an American multinational corporation that is engaged in the design, development, manufacturing, and worldwide marketing and sales of footwear, apparel, equipment, accessories, and services. The company is headquartered near Beaverton, Oregon, in the Portland metropolitan area. It is the worlds largest supplier of athletic shoes and apparel5 and a major manufacturer of sports equipment, with revenue in excess of US2. Wires/Images/2016-07-05/AP/Sweden_Festivals-030da.jpg&w=480' alt='Back Officer Friendly Free' title='Back Officer Friendly Free' />Have a Heart Belltown The best Seattle weed shop in Seattle with daily specials. Come visit us today and see what the best weed shop in Seattle offersMay 3. As of 2. 01. 2, it employed more than 4. In 2. 01. 4 the brand alone was valued at 1. As of 2. 01. 7, the Nike brand is valued at 2. The company was founded on January 2. Blue Ribbon Sports, by Bill Bowerman and Phil Knight, and officially became Nike, Inc. May 3. 0, 1. 97. 1. 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, Air Jordan, Nike Blazers, Air Force 1, Nike Dunk, Air Max, Foamposite, Nike Skateboarding, and subsidiaries including Brand Jordan, Hurley International and Converse. Nike also owned Bauer Hockey later renamed Nike Bauer between 1. Cole Haan and Umbro. 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. Origins and history. Old logo of Nike, Inc., still used on some retro products with red boxes. Nike, originally known as Blue Ribbon Sports BRS, was founded by University of Oregon track athlete Phil Knight and his coach Bill Bowerman in January 1. The company initially operated as a distributor for Japanese shoe maker Onitsuka Tiger now ASICS, making most sales at track meets out of Knights automobile. According to Otis Davis, a student athlete whom Bowerman coached at the University of Oregon, who later went on to win two gold medals at the 1. Summer Olympics, Bowerman made the first pair of Nike shoes for him, contradicting a claim that they were made for Phil Knight. Says Davis, I told Tom Brokaw that I was the first. I dont care what all the billionaires say. Bill Bowerman made the first pair of shoes for me. People dont believe me. In fact, I didnt like the way they felt on my feet. There was no support and they were too tight. But I saw Bowerman make them from the waffle iron, and they were mine. In 1. 96. 4, in its first year in business, BRS sold 1,3. Japanese running shoes grossing 8,0. By 1. 96. 5 the fledgling company had acquired a full time employee, and sales had reached 2. In 1. 96. 6, BRS opened its first retail store, located at 3. Pico Boulevard in Santa Monica, California next to a beauty salon, so its employees no longer needed to sell inventory from the back of their cars. In 1. 96. 7, due to rapidly increasing sales, BRS expanded retail and distribution operations on the East Coast, in Wellesley, Massachusetts. By 1. 97. 1, the relationship between BRS and Onitsuka Tiger was nearing an end. BRS prepared to launch its own line of footwear, which would bear the Swoosh newly designed by Carolyn Davidson. The Swoosh was first used by Nike on June 1. U. S. Patent and Trademark Office on January 2. In 1. 97. 6, the company hired John Brown and Partners, based in Seattle, as its first advertising agency. The following year, the agency created the first brand ad for Nike, called There is no finish line, in which no Nike product was shown. By 1. 98. 0, Nike had attained a 5. U. S. athletic shoe market, and the company went public in December of that year. Together, Nike and WiedenKennedy have created many print and television advertisements, and WiedenKennedy remains Nikes primary ad agency. It was agency co founder Dan Wieden who coined the now famous slogan Just Do It for a 1. Nike ad campaign, which was chosen by Advertising Age as one of the top five ad slogans of the 2. Smithsonian Institution. Walt Stack was featured in Nikes first Just Do It advertisement, which debuted on July 1, 1. Wieden credits the inspiration for the slogan to Lets do it, the last words spoken by Gary Gilmore before he was executed. Throughout the 1. Nike expanded its product line to encompass many sports and regions throughout the world. In 1. 99. 0, Nike moved into its eight building World Headquarters campus in Beaverton, Oregon. The first Nike retail store, dubbed Niketown, opened in downtown Portland in November of that year. Phil Knight announced in mid 2. Nike in 2. 01. 6. Acquisitions. Nike has acquired several apparel and footwear companies over the course of its history, some of which have since been sold. Its first acquisition was the upscale footwear company Cole Haan in 1. Bauer Hockey in 1. In 2. 00. 2, Nike bought surf apparel company Hurley International from founder Bob Hurley. In 2. 00. 3, Nike paid US3. Converse, makers of the Chuck Taylor All Stars line of sneakers. The company acquired Starter in 2. Umbro, known as the manufacturers of the England national football teams kit, in 2. In order to refocus on its core business lines, Nike began divesting of some of its subsidiaries in the 2. It sold Starter in 2. Bauer Hockey in 2. The company sold Umbro in 2. Cole Haan in 2. 01. As of 2. 01. 3, Nike owns two key subsidiaries Converse Inc. Hurley International. Finance. Nike Inc. Nikes class B stock in 4 years after the current 5 billion buyback program is completed in second quarter of fiscal 2. Up to September 2. Nike Inc. has bought back 1. Nike was made a member of the Dow Jones Industrial Average in 2. Alcoa. 3. 4On December 1. Nike Inc. s quarterly profit rose due to a 1. April of that year. Future orders of shoes or clothes for delivery between December and April, rose to 1. Nike shares NKE rose 0. In November 2. 01. Nike announced it would initiate a 1. December 2. 4. 3. The split will be the seventh in company history. Products. A pair of Nike Air Jordan I basketball shoes. Sports equipment. Nike produces a wide range of sports equipment. Their first products were track running shoes. They currently also make shoes, jerseys, shorts, cleats,3. Nike Air Max is a line of shoes first released by Nike, Inc. Additional product lines were introduced later, such as Air Huarache, which debuted in 1. The most recent additions to their line are the Nike 6. Nike NYX, and Nike SB shoes, designed for skateboarding. Nike has recently introduced cricket shoes called Air Zoom Yorker, designed to be 3. In 2. 00. 8, Nike introduced the Air Jordan XX3, a high performance basketball shoe designed with the environment in mind. Nike sells an assortment of products, including shoes and apparel for sports activities like association football,3. American football, athletics, golf, and cross training for men, women, and children. Nike also sells shoes for outdoor activities such as tennis, golf, skateboarding, association football, baseball, American football, cycling, volleyball, wrestling, cheerleading, aquatic activities, auto racing, and other athletic and recreational uses. Nike recently teamed up with Apple Inc. Nike product that monitors a runners performance via a radio device in the shoe that links to the i. Pod nano. While the product generates useful statistics, it has been criticized by researchers who were able to identify users RFID devices from 6. In 2. 00. 4, Nike launched the SPARQ Training ProgramDivision. Some of Nikes newest shoes contain Flywire and Lunarlite Foam to reduce weight. The Air Zoom Vomero running shoe, introduced in 2. Fit Frame technology for a stable fit. Street fashions. Nike Elite no show socks with cushioned sole. The Nike brand, with its distinct V shaped logo, quickly became regarded as a status symbol4. Beginning in the 1. The Free Dictionaryback 1 bkn. The part of the trunk of the human body along and to the sides of the spine between the neck and the pelvis the dorsum. The analogous dorsal region in other animals. The backbone or spine. The part or area farthest from the front. The part opposite to or behind that adapted for view or use the back of the hand wrote on the back of the photograph. The reverse side, as of a coin. A part that supports or strengthens from the rear the back of a couch. The part of a book where the pages are stitched or glued together into the binding. The binding itself. Sportsa. A player who takes a position behind the front line of other players in certain games, such as football and soccer. In swimming, backstroke. To cause to move backward or in a reverse direction Back the car up and then make the turn. To furnish or strengthen with a back or backing. To provide with financial or material support Unions backed the pro labor candidate. To lend moral support to, as by corroborating a claim. Often used with up Im not comfortable filing a complaint if you wont back me up. To be in favor of endorse or advocate backed the reform proposal. See Synonyms at support. To provide with musical accompaniment. Often used with up. To bet or wager on. To adduce evidence in support of substantiate backed the argument with facts. To form the back or background of Snowcapped mountains back the village. To move backward backed out of the garage. To shift to a counterclockwise direction. Used of the wind. Located or placed in the rear Deliveries should be made at the back entrance. Distant from a center of activity remote. Of a past date not current a back issue of a periodical. Being owed or due from an earlier time in arrears back pay. Being in a backward direction a back step. Linguistics Pronounced with the back of the tongue, as oo in cool. Used of vowels. adv. At, to, or toward the rear or back. In, to, or toward a former location went back for the class reunion. In, to, or toward a former condition When the spell broke, the prince turned back into a frog. In, to, or toward a past time This story goes back to the 1. In reserve or concealment We kept back some money for emergencies. In check or under restraint Barriers held the crowd back. In reply or return emailed back that he would be late. Phrasal Verbs back away To withdraw from a position retreat. To withdraw from a position, opinion, or commitment. To retreat or draw away. To withdraw from something before completion. To fail to keep a commitment or promise. To cause to accumulate or undergo accumulation The accident backed the traffic up for blocks. Traffic backed up in the tunnel. Computers To make a backup of a program or file. Idioms back and fill. Nautical To maneuver a vessel in a narrow channel by adjusting the sails so as to let the wind in and out of them in alteration. To vacillate in ones actions or decisions. Consecutively and without interruption presented three speeches back to back. In ones absence or without ones knowledge. To be prepared or ready to support or vouch for someone, as in a crisis. To be angry or irritated. No longer nagging or urging someone to do something. Rooster Circles And Satellites RARE. Persistently nagging or urging someone to do something. Middle English bak, from Old English bc. A shallow vat or tub used chiefly by brewers. Dutch bak, from French bac, from Old French, boat, from Vulgar Latin baccus, vessel, probably of Celtic origin. Anatomy the posterior part of the human body, extending from the neck to the pelvis. Zoology the corresponding or upper part of an animal. Anatomy the spinal column. Ball Games, other than specified ball gamesa. Printing, Lithography Bookbinding the part of a book to which the pages are glued or that joins the covers. Mining Quarrying mininga. General Engineering the upper surface of a joist, rafter, slate, tile, etc, when in position. Compare bed. 13. 13. Austral in such a place esp in the phrase out back of beyond2. Gambling, except Cards to bet on the success of to back a horse. Music, other to provide with a music accompaniment a soloist backed by an orchestra. Commerce to countersign or endorse. Horse Training, Riding Mange archaic to mount the back of. Physical Geography intr of the wind to change direction in an anticlockwise direction in the northern hemisphere and a clockwise direction in the southern. See veer. 13a. 38. Nautical Terms nautical to position a sail so that the wind presses on its opposite side. Nautical Terms nautical to manoeuvre the sails by alternately filling and emptying them of wind to navigate in a narrow place. Commerce owing from an earlier date back rent. USand. Australand. NZ remote back country. Phonetics Phonology phonetics of, relating to, or denoting a vowel articulated with the tongue retracted towards the soft palate, as for the vowels in English hard, fall, hot, full, fooladv. Old English bc related to Old Norse bak, Old Frisian bek, Old High German bahback bk n Brewing a large tub or vat, esp one used by brewersC1. Dutch bak tub, cistern, from Old French bac, from Vulgar Latin bacca unattested vessel for liquidsback. The fall broke his back. Idioms 1. back and fill, a. Informal. nagging or criticizing someone. Middle English bak, Old English bc back of the body, c. Old Frisian bek, Old Saxon, Old Norse bak perhaps lt Indo European hogo bending compare baconbackless,adj. Although some object to their use, the phrases in back of and the shorter and much older back of with the meaning behind are fully established as standard in American English They playedinback of the house. Both phrases occur in all types of speech and writing, though behind may be easily substituted if desired. Idioms back and forth, a. You use back with an intransitive verb to say that someone returns to a place where they were before. In six weeks weve got to go back to West Africa. I went back to the kitchen. Ill come back after dinner. In conversation, instead of saying that someone will come back, you often say that they will be back. I imagine hell be back for lunch. Pete will be back from holiday next week. Be Careful You never use back with the verb return. You do not say, for example, He returned back to his office. You say He returned to his office. I returned from the Middle East in 1. You use back with a transitive verb to say that someone or something is taken or sent to a place where they were before. Back usually goes after the direct object. We brought Dolly back. He took the tray back. When the direct object is a pronoun, back always goes after it. I brought him back to my room. She put it back on the shelf. However, when the direct object is a long noun group, or a noun group followed by a relative clause, you put back in front of the noun group. He recently sent back his rented television set. He put back the silk sock which had fallen out of the drawer. He went to the market and brought back fresh food which he cooked at home. Back can also be used to say that someone or something returns to a state they were in before. He went back to sleep. Back is also a noun. Your back is the part of your body from your neck to your waist that is on the opposite side to your chest and stomach. We lay on our backs under the ash tree. She tapped him on the back. The back of an object is the side or part that is towards the rear or farthest from the front. Many relatives sat at the back of the room, some visibly upset. Keep some long life milk at the back of your refrigerator. The back of a door is the side which faces into a room or cupboard. Pin your food list on the back of the larder door. The back of a piece of paper is the side which has no writing on, or the side which you look at second. Sign on the back of the prescription form. Note that in British English you do not talk about the back side of a door or piece of paper. However, in American English, this construction is common.