Nike is a major American company that designs, markets and sells athletic footwear, apparel, equipment and accessories. It was founded in 1969 and has headquarters in Beaverton, Oregon. Nike sells products under several brands including Nike, Jordan, Hurley and Converse. It has operations worldwide and manufactures products through independent contractors. Nike focuses on categories like running, basketball, football, training and sportswear. It competes with companies like Adidas, Puma and Under Armour. Nike aims to be the most authentic, connected and distinctive brand through innovation and inspiring athletes globally. It has strong brand recognition but also faces weaknesses like labor issues and limited presence in emerging markets.