The company continues to invest heavily in research and development to create the next generation of athletic footwear and apparel, while also expanding into new markets like China and other emerging economies. In 2022, NKE unveiled its latest footwear innovation, the NIKE Air Zoom Alphafly NEXT%, which is designed to maximize speed and performance for the world's top marathon runners. NKE's total revenue for the fiscal year 2022 was $44.5 billion USD, up from the previous year's $37.4 billion USD, representing a YoY growth of 19%. The company's net income for 2021 was reported at $5.7 billion USD, up from the previous year's $2.5 billion USD. NKE is widely recognized as one of the world's largest suppliers of athletic shoes and apparel, and is famous for its iconic slogan, 'Just Do It.'Īs of 2023, NKE had a market capitalization of over $250 billion USD, making it one of the largest businesses in the world. The company is headquartered in Beaverton, Oregon, and was founded in 1964 by Bill Bowerman and Phil Knight. (NKE) is an American multinational corporation that designs, develops, and sells footwear, apparel, and accessories worldwide.
