Nike

By: Hunter Van Hoose

Type of Company

Nike is a corporation, and i know this because Nike sells stock and the correct name is Nike Inc. One benefit of a corporation is that it is easy to raise money. Another advantage or benefit of using a corporation is that even after the owner of the company dies, the company can still live on because another person takes over as owner.

Nike History

Nike was founded on January 25, 1964 by Bill Bowerman and Phil Knight. The company first took the name of Blue Ribbon Sports, and eventually became Nike Inc. on May 30, 1971. The name Nike comes from the greek goddess of victory

Facts About Nike

Nike is best known for their shoes and socks. They make several types of shoes including some of the big name brands like Jordan, Lebron, Kobe, KD, and Derek Jeter. Nike is the leading company in sports apparel. Nike also has 44,000 employees worldwide, and is headquartered near Beaverton, Oregon.

Invest?

I absolutely would invest in this company because Nike is one of, if not the biggest sportswear company around. Nike has been around for years and almost everyone knows about or has heard about Nike. Nike is very reliable and has a lot of customers which bring in the dollars.