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Nike, Inc. is a multinational corporation headquartered in Beaverton, Oregon,...

Nike, Inc. is a multinational corporation headquartered in Beaverton, Oregon, USA. It is the largest manufacturer of athletic footwear and apparel worldwide. The company was founded by Bill Bowerman and Phil Knight in 1964 and is listed on the New York Stock Exchange.ProductsNike's products include athletic footwear, apparel, and accessories. The company's shoe models range from basketball, running, and cross-training shoes to those designed for football, baseball, and other sports. Nike also produces clothing and accessories such as shirts, pants, shorts, and jackets for a wide range of sports and activities.HistoryNike was founded in 1964 by Bill Bowerman and Phil Knight, who first met at the University of Oregon. Bowerman was a track coach at the university, and Knight was a student. The two collaborated to design a new type of running shoe that would provide better traction and support for athletes. The first Nike shoes were made in Japan and sold under the name "Blue Ribbon Sports". In 1978, the company moved its headquarters to Beaverton, Oregon.Phil Knight and NikePhil Knight, the chairman emeritus of Nike, is known as the "Swoosh" for his role in creating the company's logo. He has written a book about the company's history called "Swoosh: A Nike Story". Knight retired from his position as CEO in 2004 but remains active in the company's management.Environmental ImpactIn recent years, Nike has come under criticism for its environmental impact. The company has been accused of using sweatshops in countries with low labor costs to produce its products. Additionally, Nike has been criticized for its waste disposal methods, including single-use plastic bags and cardboard boxes that are not recyclable. In response to these criticisms, Nike has taken steps to improve its environmental record. The company has implemented sustainability measures such as reducing water usage in its manufacturing processes and using recycled materials in its products. Nike also partners with organizations like the Sustainable Apparel Coalition to promote sustainability in the apparel industry.PhilanthropyNike is also known for its philanthropy. The company partners with organizations such as the Boys & Girls Clubs of America and the National Association for the Advancement of Colored People (NAACP) to provide scholarships and support youth sports programs. Nike also funds the U.S. Olympic Committee's Athletes' Commission and supports charitable causes such as disaster relief efforts and anti-bullying campaigns.Global ReachNike has a global reach with sales in more than 170 countries. The company's products are sold through a network of wholesale distributors, retailers, and online stores. Nike is also active in social media platforms such as Facebook, Instagram, and Twitter, where it engages with customers and promotes its products and brand image.SummaryNike is a multinational corporation known for its athletic footwear, apparel, and accessories. Founded in 1964 by Bill Bowerman and Phil Knight, the company has grown to become the largest manufacturer in the world. Nike's products are sold in more than 170 countries through a network of distributors and retailers. The company has also become known for its environmental efforts, philanthropy, and global reach.