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Nike Swot Case Study

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Nike Case Study

Nike was founded in January 1964 by Bill Bowerman, a track and field coach at the University of Oregon and Phil Knight, a University of Oregon student and middle-distance runner under Bowerman. To satisfy coursework requirements, Knight decided that he would make low cost running shoes in Japan and sell them in the US. He engaged the help of Bowerman who was interested in developing a lightweight running shoe. The business started as Blue Ribbon Sports (BRS). First year sales totalled $8,000. In 1972, BRS introduced a new brand of athletic footwear called Nike, named for the Greek winged goddess of victory and the company was renamed to Nike in 1978. Nike is now the world’s most competitive sports and fitness company. Its headquarters are in Beaverton, Oregon, but the company has expanded its horizons to every corner in the world.

The Nike Mission Statement is:
“To bring inspiration and innovation to every athlete in the world”. “If you have a body then you are an athlete”

Company Information (http://www.nike.com/nikebiz/nikebiz.jhtml?page=3&item=facts)

Employees: Nike employs approximately 29,000 people worldwide. In addition, approximately 650,000 workers are employed in Nike contracted factories around the globe.
Revenue FY06: Nike reported net revenues of $15.0 billion, a 9 percent increase from FY05.
Stock Symbol: NKE. Went public in December 1980 and is traded on the New York Stock Exchange.
Facilities: Nike owns facilities in Oregon, Tennessee, North Carolina and The Netherlands, and operates leased facilities for Niketown and NikeWomen retail stores, over 200 Nike Factory Stores and over 100 sales and administrative offices.
Subsidiaries:
• Cole Haan Holdings, Inc. - With its headquarters in Yarmouth, Maine, Cole Haan sells a line of dress and casual footwear, apparel and accessories for men and women under the brand

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