What Companies Does Nike Own
Nike, Inc. is a major publicly traded sportswear and equipment supplier based in the United States. The company was founded in 1964 as Blue Ribbon Sports by Bill Bowerman and Phil Knight, and officially became Nike, Inc. in 1978. Nike is the world’s largest supplier of athletic shoes and apparel. As of September 2018, the company employed over 74,000 people and operated more than 1,000 retail stores worldwide.
Nike operates in five primary business segments: footwear, apparel, equipment, digital commerce, and other. The footwear segment is the company’s largest and most profitable, accounting for more than 60% of Nike’s total revenue in 2017. The apparel segment is the company’s second-largest segment, accounting for nearly 25% of Nike’s total revenue. The equipment segment, which includes golf, tennis, and snowboarding products, accounted for just 6% of Nike’s total revenue in 2017.
Nike’s digital commerce segment, which includes the company’s Nike.com and Converse.com websites, accounted for nearly 10% of Nike’s total revenue in 2017. The other segment includes licensing revenue from the company’s Nike and Jordan brand trademarks, and sales of products by third-party retailers.
Some of Nike’s major competitors in the global sportswear market include Adidas, Puma, Columbia Sportswear, Under Armour, and Asics.
The following is a list of some of the companies that Nike owns or has a stake in:
Footwear: Nike, Jordan, Converse, Hurley, and Slater
Apparel: Nike, Jordan, Converse, and Hurley
Equipment: Nike Golf, Nike Tennis, Nike Snowboarding, and Nike Skateboarding
Digital Commerce: Nike.com and Converse.com
Other: Nike and Jordan brand trademarks, and sales of products by third-party retailers
Page Contents
What brands do Nike own?
Nike is a giant in the world of sports apparel and equipment. The company sponsors some of the biggest names in sports, from LeBron James to Serena Williams. But what you may not know is that Nike also owns a host of other brands.
In May of 2018, Nike announced it was acquiring the youth-focused sportswear company Hurley International for $300 million. Hurley is best known for its surfing and skateboarding apparel.
Nike also owns Converse, an American shoe company. In 2003, Nike bought Converse for $305 million.
Nike also has a minority stake in the streaming platform ESPN+.
The company has a long history of acquiring smaller brands to expand its product offerings. In 2000, Nike purchased the athletic footwear company Umbro for $580 million. And in 2006, Nike bought the athletic apparel company Cole Haan for $500 million.
Overall, Nike owns a number of brands that target different segments of the sports market. This allows the company to offer a wide range of products to consumers.
How many companies are owned by Nike?
Nike is a household name, and for good reason. The company has a long history of producing high-quality athletic gear. But Nike is more than just a producer of athletic gear. The company is also a major player in the world of sports marketing.
Nike has a long history of working with athletes to promote its products. The company has a portfolio of high-profile athletes that it works with to promote its products. Nike also invests a lot of money in marketing its products. In fact, the company spends more on marketing than it does on research and development.
Nike’s marketing efforts have paid off. The company is now the largest athletic gear company in the world. Nike also has a large portfolio of brands. In addition to Nike, the company owns Converse, Hurley, and Jordan.
Nike is a major player in the world of sports marketing. The company has a long history of working with athletes to promote its products. Nike also invests a lot of money in marketing its products. In fact, the company spends more on marketing than it does on research and development.
Nike’s marketing efforts have paid off. The company is now the largest athletic gear company in the world. Nike also has a large portfolio of brands. In addition to Nike, the company owns Converse, Hurley, and Jordan.
Is vans owned by Nike?
There is no definitive answer to the question of whether or not Nike owns Vans. However, there are a few indications that suggest that Nike may have a partial ownership stake in the company.
For one, Nike has been known to invest in other shoe brands in the past. In addition, Vans’ CEO, Paul Van Doren, used to work for Nike in a senior marketing role. Finally, the two companies have collaborated on several projects in the past, most notably a limited-edition line of Vans shoes that were released in 2014.
Despite these clues, it’s important to note that Nike has never officially confirmed that it owns Vans. So, at this point, it’s still unclear exactly how the two companies are related.
What are Nike’s subsidiaries?
Nike, Inc. is a publicly-traded company based in the United States, with subsidiaries all over the world. The company is best-known for its sneakers and sportswear, which are worn by athletes and non-athletes alike.
Nike has a long history, dating back to the early days of track and field. In 1964, three track and field enthusiasts – Bill Bowerman, Phil Knight, and Jeff Johnson – founded Blue Ribbon Sports, which would eventually become Nike, Inc. The company started out as a distributor of Japanese running shoes, but eventually began designing and manufacturing its own sneakers.
Today, Nike is a massive corporation with subsidiaries all over the world. The company employs more than 70,000 people and has a market capitalization of over $114 billion. Nike’s main competitors include Adidas, Under Armour, and Puma.
Nike’s most well-known subsidiaries include:
Nike, Inc. – The parent company, based in the United States.
Nike Golf – A subsidiary that designs and manufactures golf equipment and apparel.
Nike Jordan – A subsidiary that designs and manufactures shoes and apparel for basketball superstar Michael Jordan.
Nike SB – A subsidiary that designs and manufactures shoes and apparel for skateboarding.
Nike Soccer – A subsidiary that designs and manufactures soccer equipment and apparel.
Nike Sportswear – A subsidiary that designs and manufactures sportswear and casual apparel.
Nike Women – A subsidiary that designs and manufactures women’s sports apparel and footwear.
Does Nike own any other companies?
Nike does not currently own any other companies, but it has made several acquisitions in the past. In 2000, Nike bought Starter for $43 million. Starter is a clothing company that produces sportswear and accessories. In 2006, Nike acquired Converse for $305 million. Converse is a shoe company that manufactures sneakers, clothing, and accessories. In 2011, Nike bought Umbro for $582 million. Umbro is a sports apparel company that specializes in soccer gear. Finally, in 2012, Nike bought Hurley International for $300 million. Hurley is a clothing company that produces surfwear and skatewear.
Does Nike Own Fila?
There is no one definitive answer to the question of whether Nike owns Fila. The answer likely depends on what country you are asking the question in, as the answer may be different under different legal systems. However, there are a few things that can be said about the relationship between Nike and Fila.
Fila is an Italian company that was founded in 1911. Nike is an American company that was founded in 1964. Nike has been a much larger and more successful company than Fila for many years. In 1998, Nike acquired a 25% stake in Fila, which it later increased to 49%. In 2001, Nike purchased the remaining 51% of Fila, making it a wholly-owned subsidiary of Nike.
However, in 2004, Nike sold a majority stake in Fila to an investment company, and in 2006, Nike completely divested from Fila. While Nike does not currently own Fila, the two companies have a long history together and Nike has been a significant contributor to Fila’s success.
Does Nike Own Jordans?
Nike has a long history of producing sneakers and clothing for athletes. One of their most popular lines is the Jordan brand, named after legendary basketball player Michael Jordan. Over the years, Nike has been involved in a number of lawsuits with Jordan and other entities regarding the use of the Jordan name and logo. So, does Nike own the Jordan brand?
The answer is complicated. Nike does have a significant ownership stake in the Jordan brand, but it is not the sole owner. In fact, Jordan has a significant ownership stake in the brand as well. The two companies have a licensing agreement in place that gives Nike exclusive rights to produce and sell Jordan-branded products.
The origins of the Jordan brand date back to the mid-1980s, when Nike signed Jordan to a contract to produce shoes and apparel for the company. At the time, Jordan was a rising star in the NBA, and his popularity was growing rapidly. Nike saw an opportunity to capitalize on his popularity and signed him to a multimillion-dollar contract.
The first Jordan-branded product was the Air Jordan sneakers, which were released in 1985. The sneakers were an instant hit, and Nike began to produce a variety of Jordan-branded products, including clothing, hats, and accessories.
In 1987, Nike and Jordan reached an agreement to create a new company, called Jordan Brand, which would exclusively produce Jordan-branded products. Jordan would own a minority stake in the company, and Nike would own the majority stake. This agreement gave Nike exclusive rights to produce and sell Jordan-branded products.
The Jordan Brand quickly became one of the most popular brands in the world. In 2002, Nike and Jordan reached an agreement to sell the Jordan Brand to Nike. As part of the agreement, Jordan would receive a significant ownership stake in the company, and Nike would continue to have exclusive rights to produce and sell Jordan-branded products.
Today, the Jordan Brand is one of Nike’s most successful brands. Nike has a significant ownership stake in the company, but Jordan retains a significant ownership stake as well. The two companies have a licensing agreement in place that gives Nike exclusive rights to produce and sell Jordan-branded products.
