Nike was founded in 1964 by Bill Bowerman and Phil Knight and has grown to become one of the most popular global sports brands. Nike sells a wide range of sports equipment and clothing, starting with running shoes, and uses high-profile athlete sponsorships and targeted advertising to promote their products. Nike has seen tremendous financial success over its 50+ year history, generating over $6 billion in revenue by appealing to sports and fashion customers worldwide through constantly innovating products.