Nike, the US based global major in clothing, footwear, sportswear, and equipment supplier was founded on January 25, 1964 as Blue Ribbon Sports by University of Oregon track athlete Philip Knight and his coach Bill Bowerman in January 1964, and officially became Nike, Inc. on May 30, 1978.
The company is headquartered near Beaverton, Oregon, in the Portland metropolitan area. The brand produces a wide range of sports equipment. Their first products were track running shoes. They currently also make shoes, jerseys, shorts, baselayers, etc. for a wide range of sports, including track and field, baseball, ice hockey, tennis, association football (soccer), lacrosse, basketball, and cricket.
The group recently teamed up with Apple Inc. to produce the Nike+ product that monitors a runner’s performance via a radio device in the shoe that links to the iPod nano. The brand products are available in Dubai at exclusive stores and multi-branded sports stores.