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How did Nike get its name?

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Quick Answer

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.

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Full Answer

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.

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Related Questions

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    What are some facts about the goddess Nike?

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    The ancient Greek goddess Nike is most often identified as the goddess of victory. Later called Victoria by the Romans, the goddess Nike closely mirrors many attitudes held by the Greeks towards form, beauty, competition and skill. She also exhibits some of the classic frailties attributed to the gods and goddesses in Greek mythology, not least of which being their often uneven dealings with human beings.

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  • 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.

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    How do you customize Nike Roshe run shoes?

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    To customize Nike Roshe running shoes, select one of the Roshe shoes that allow customization on the Nike website. Proceed through the design process, and select the options you want. Shoes are custom-made and delivered within six weeks, as of May 2015.

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    What are Nike Better World shoes?

    A:

    Nike produces Better World Shoes with less material, significantly decreasing waste. The process creates less of a negative impact on the environment, according to the company.

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