Q:

How did Nike get its name?

A:

Nike, a sportswear company, gets its name from Nike, the Greek goddess of victory. Nike was a winged goddess, and the Nike logo also features wings.

The Nike logo was designed by Carolyn Davidson, who earned $35 dollars for her logo. According to the DailyMail, she was also given 500 shares of stock, which is worth over $500,000 as of June 2014.

Nike was initially founded as Blue Ribbon Sports by Bill Bowerman and Phil Knight in 1964. It officially became Nike Inc. in 1971 following a break from Onitsuka Co., a Japanese shoe manufacturer. Blue Ribbon Sports was initially a distributor of Onitsuka athletic shoes, and it moved to the new Nike brand as it broke from Onitsuka and began to manufacture its own shoes.


Is this answer helpful?

Similar Questions

  • Q:

    What is the Nike Dual Fusion?

    A:

    The Nike Dual Fusion is a particular style of running shoe manufactured by Nike for both men and women. This sneaker combines a mesh upper with leather overlays for superior breathability and support.

    Full Answer >
    Filed Under:
  • Q:

    In what country are Jordan shoes made?

    A:

    Air Jordan shoes are manufactured by Nike primarily in China. As of 2014, one of the primary manufacturing facilities for Air Jordans is the Yue Yuen factory in Dongguan, China, which is owned by the Pou Chen Group, a Taiwanese company that is the primary supplier in China for Nike.

    Full Answer >
    Filed Under:
  • Q:

    What are hard-to-find Nike shoes?

    A:

    Some hard-to-find Nike shoes include the Air Jordan 6 Olympic, the Air Jordan 12 Nubuck, the Air Jordan 13 Attitude, and the Air Jordan 4 Laser. Many of these are rare because the original production of the shoes was extremely limited.

    Full Answer >
    Filed Under:
  • Q:

    Who are Nike's main stakeholders?

    A:

    Direct stakeholders of Nike are Mark Parker, Douglas Houser, Trevor Edwards, Donald Blair and Charles Denson as of Oct. 21, 2013, according to Yahoo! Finance. In regards to companies, Vanguard Group and Growth Fund of America are two of the largest stakeholders in Nike. According to Yahoo! Finance, 84 percent of Nike shares belong to institutional and mutual fund firms.

    Full Answer >
    Filed Under:

Explore