Nike Inc (NYSE:NKE)

NIKE, Inc. designs, develops, markets and sells high quality footwear, apparel, and equipment and accessory products. Its athletic footwear products are designed primarily for specific athletic use, although a large percentage of the products are worn for casual or leisure purposes. The company sells footwear in the categories of running, training, basketball, soccer, sport-inspired casual shoes, and kid's shoes. It markets footwear designs for baseball, cheerleading, football, golf, lacrosse, outdoor activities, skateboarding, tennis, volleyball, walking, wrestling, and other athletic and recreational uses. NIKE sells a line of performance equipment under the NIKE Brand name, including bags, socks, sport balls, eyewear, timepieces, electronic devices, bats, gloves, protective equipment, golf clubs, and other equipment designed for sports activities. It also sells small amounts of various plastic products to other manufacturers through its wholly-owned subsidiary, NIKE IHM, Inc. The company's reportable operating segments are based on its internal geographic organization. Its each NIKE Brand geography operates predominantly in one industry: the design, development, marketing and selling of athletic footwear, apparel, and equipment. Its reportable operating segments for the NIKE Brand are: North America, Western Europe, Central & Eastern Europe, Greater China, Japan, and Emerging Markets. The company's NIKE Brand Direct to Consumer operations are managed within each geographic segment. Its other business is primarily comprised of its wholly-owned affiliates which include Cole Haan, Converse, Inc., Hurley International, LLC, NIKE Golf, and Umbro, Ltd. Cole Haan designs, markets and distributes luxury shoes, handbags, coats dress, casual footwear, apparel and accessories for men and women. Converse designs, markets and distributes athletic and casual footwear, apparel and accessories. Hurley International designs, markets and distributes action sports and youth lifestyle footwear, apparel and accessories. Nike Golf designs and markets golf equipment, apparel, balls, footwear, bags and accessories. Umbro International designs, distributes and licenses athletic and casual footwear, apparel and equipment, primarily for the sport of football. The company was founded by William Jay Bowerman and Philip H. Knight in 1964 and is headquartered in Beaverton, OR.