The timeline shows Nike's estimated global market share in athletic footwear from 2011 to 2020. Between 2011 and 2020, Nike's global market share in sports and sports inspired footwear is predicted to increase from 17 percent in 2011 to 27.2 percent in 2020.
Founded in January 25, 1964 and headquartered in Beaverton, Oregon, Nike, Inc. is the world's biggest manufacturer/supplier of athletic shoes, apparel and sports equipment. The company, which is traded as NKE on the New York Stock Exchange (NYSE), has acquired several footwear and apparel companies over its history such as Cole Haan, Bauer Hockey, Converse, Hurley International, Starter and Umbro. The Nike swoosh is one of the most recognized logos, as well as one of the most reputable athletic sponsors in the world.
The company sponsors many high-profile professional athletes such as Cristiano Ronaldo, Rafael Nadal, Lebron James, and Rory Mcllroy to use their products and promote and advertise their technology and design. On top of that, Nike also manufactures and provides kits (uniforms) for a wide range of sports teams like Barcelona, Manchester United, Arsenal and many U.S. colleges as well.