Company Research Report: Nike, Inc.

Company Overview

• Name: Nike, Inc.

• Mission: To bring inspiration and innovation to every athlete in the world. If you have a body, you are an athlete.

• Founded: Founded in 1964 as Blue Ribbon Sports by Bill Bowerman and Phil Knight. Officially became Nike, Inc. in 1971.

• Key People:

• President & CEO: John Donahoe

• Co-founders: Bill Bowerman and Phil Knight

• Headquarters: Beaverton, Oregon, United States

• Number of employees: No specific data provided.

• Revenue: No specific data provided.

• Known for: Nike is primarily known for its innovative athletic footwear, apparel, equipment, and accessories. The company operates a portfolio of brands, including Nike, Jordan, and Converse.

Products

• Footwear: Nike offers a wide array of footwear for different sports, including running, basketball, soccer, and more. Key products include the iconic Air Jordan 1, Air Force 1, Dunk, Air Max, and Pegasus series.

• High-Level Description: Nike's footwear lines are known for combining style, comfort, and performance. They often feature advanced technologies like GORE-TEX for weather resistance and proprietary cushioning systems for enhanced comfort.

• Key Features: Innovative cushioning technologies, weather-resistant materials (GORE-TEX in products like Nike Pegasus 41), and designs that incorporate athlete feedback for performance enhancements.

• Apparel: Nike's apparel range includes sports gear and lifestyle clothing, such as Nike Fleece, hoodies, sports bras, and yoga wear.

• High-Level Description: The apparel is designed to cater to athletes’ needs for comfort and performance, integrating technologies that help with moisture management and temperature control.

• Key Features: Comfort-enhancing features and high-performance materials like Dri-FIT.

• Sustainability Initiatives: Nike is committed to sustainable innovation with efforts towards zero carbon and zero waste, through materials with less impact, circular solutions, and initiatives like Nike Grind.

• High-Level Description: Nike aims to reduce the environmental impact of its products by using recycled materials and promoting programs like product refurbishment and recycling.

• Key Features: Use of environmentally preferred materials, product recycling programs, and innovation in packaging to reduce waste.

Recent Developments

• Recent Developments: Nike has extended support for Kenyan athletes with emergency medical and rescue services, emphasizing its role in the global sports community.

• New Products Launched:

• Nike has launched the new Doernbecher Freestyle Collection celebrating 20 years of empowering kids through design.

• The LeBron XXII and a redesigned Zoom Fly 6 have been introduced.

• New Features Added: No specific information provided on new features added to existing products.

• Partnerships:

• Nike has signed a historic partnership extension with NBA, WNBA, and NBA G League through 2037.

• A collaboration with Wu-Tang Clan for an exclusive sneaker release.

Note

This report is based exclusively on the information available. For more detailed financial data and specifics on employee numbers or other metrics, readers are encouraged to consult Nike's official financial disclosures or contact the company directly.