Nike

Nike, Inc. is an American multinational corporation specializing in athletic footwear, apparel, and equipment. Founded in 1964 as Blue Ribbon Sports by Phil Knight and Bill Bowerman, it became Nike, Inc. in 1971, named after the Greek goddess of victory. Its iconic Swoosh logo was designed by Carolyn Davidson for $35. Initially a distributor for Onitsuka Tiger (now Asics), Nike launched its first sneakers with the Swoosh logo in 1972, including the innovative Waffle Trainer. Over time, Nike expanded into sportswear and equipment, leveraging endorsements like Michael Jordan’s Air Jordan line in 1984. Today, Nike operates through retail stores, e-commerce platforms, and wholesale distribution while focusing on sustainable innovations like Flyknit and its "Move to Zero" initiative targeting zero carbon emissions and waste by 2025. Recently, controversy arose over Nike discontinuing apps for its Adapt smart shoes, leaving customers unable to access features after updates or device changes. Controversy Year Background Info Aftermath Related Article Related Video(s) Removal of Nike Adapt BB app and service 2024 The Nike Adapt BB, released as a self-lacing basketball shoe, was one of the prominent models in this line. Priced at $350, it showcased Nike's commitment to integrating technology into athletic footwear. As the app was removed from app stores, the shoe could not use most of its intended functions, such as customizing the LED lights and adjusting the fit. The software was not open sourced either, leaving many with a "bricked" shoe. Nike Adapt: Smart Shoes with App Integration and Discontinuation [[Video References 1]](