Bill Bowerman was looking for ways to enhance his student’s performance and tried improving their shoes in his free time. Nike was original name was Bluee Ribbin Sports and operated as a distributor for a Japanese shoemaker by the name Onitsuka Tiger. The company opened its first retail shop in 1966, under the Nike brand. The company officially changed its name to Nike, Inc. in 1971. After the name change in 1971, the company went public two years later. The company is headquartered near Beaverton, Oregon, in the Portland metropolitan area. Nike currently has more than 74 thousand manufacturing factories in 42 countries. Nike has involved into an American multinational corporation that is engaged in the design, development, manufacturing, and