95-639: The Nike Oregon Project was a group created by the American corporation Nike , established in Beaverton, Oregon in 2001. The team folded on October 10, 2019 after an investigation resulted in a four-year ban of longtime coach Alberto Salazar . The runners lived in the Portland, Oregon area and trained at Nike's headquarters campus located just outside the Portland suburb of Beaverton, Oregon . Some of
190-769: A 10,000-meter race in 29:09.56 in Brasschaat , Belgium, which was the fourth-fastest ever for an American high schooler. He was the Track and Field News "High School Athlete of the Year" in 2004. Rupp delayed entering college, instead continuing to train and compete while coached by Salazar. He won the USA Junior Cross Country title in mid-February 2005 then placed 20th at the 2005 World Junior Cross Country Championships in France in mid-March. He then enrolled at
285-478: A soccer player , he caught the eye of American marathon legend Alberto Salazar , who coached him to great high school success, including two Oregon state titles in cross country (2002 and 2003) and three individual championships in track and field (the 1500 meters in 2004 and the 3000 meters in 2003 and 2004). After winning the Oregon state title in cross country in 2003, he went on to finish second nationally in
380-486: A $ 12 billion share buyback, as well as a two-for-one stock split, with shares to begin trading at the decreased price on December 24. The split will be the seventh in company history. In June 2018, Nike announced it would initiate a $ 15 billion share buyback over four years, to begin in 2019 upon completion of the previous buyback program. For the fiscal year 2018, Nike reported earnings of US$ 1.933 billion, with annual revenue of US$ 36.397 billion, an increase of 6.0% over
475-593: A Bermudan subsidiary, Nike International Ltd. This transfer allowed the subsidiary to charge royalties to its European headquarters in Hilversum , Netherlands , effectively converting taxable company profits to an account payable in tax-free Bermuda . Although the subsidiary was effectively run by executives at Nike's main offices in Beaverton, Oregon—to the point where a duplicate of the Bermudan company's seal
570-624: A New York based company focused on digital sales and machine learning technology. Nike was made a member of the Dow Jones Industrial Average in 2013, when it replaced Alcoa . On December 19, 2013, Nike's quarterly profit rose due to a 13 percent increase in global orders for merchandise since April of that year. Future orders of shoes or clothes for delivery between December and April, rose to $ 10.4 billion. Nike shares (NKE) rose 0.6 percent to $ 78.75 in extended trading. In November 2015, Nike announced it would initiate
665-440: A combination of groundbreaking innovations including a full-length air cushioned sole, an external heel counter, a crashpad in the heel for shock absorption, and Fit Frame technology for a stable fit. In 2023, Nike told ESPN that it would cease using kangaroo skins in its products by the end of that year and debut "a new Nike-only, proprietary synthetic upper, [with] a new material that is a better performance solution and replaces
760-426: A distributor for Japanese shoe maker Onitsuka Tiger , making most sales at track meets out of Knight's automobile. According to Otis Davis , a University of Oregon student-athlete coached by Bowerman and Olympic gold medalist at the 1960 Summer Olympics , his coach made the first pair of Nike shoes for him, contradicting a claim that they were made for Phil Knight. According to Davis, "I told Tom Brokaw that I
855-569: A gray water treatment center. Nike is mainly owned by institutional investors, who hold around 68% of all shares. The 10 largest shareholders of Nike in early 2024 were: Nike has contracted with more than 700 shops around the world and has offices located in 45 countries outside the United States. Most of the factories are located in Asia, including Indonesia, China, Taiwan, India, Thailand, Vietnam, Pakistan, Philippines, and Malaysia. Nike
950-524: A huge comeback in the last 200 meters of a 5000-meter race to edge out Chris Solinsky , improving his personal best to 13:30. On April 29, 2007, Rupp defeated a stellar field to win the men's 10,000 m at the Payton Jordan Cardinal Invitational at Stanford. Rupp's time of 27:33.48 set an American-born NCAA Collegiate Record for the event and also gave him the seventh-fastest time in U.S. history. Two weeks later, Rupp won
1045-483: A leaked and unverified U.S. Anti-Doping Agency (USADA) report that claimed Salazar worked with athletes to increase their L-carnitine levels. The main accusation involved was that the intravenous method used could potentially have violated USADA anti-doping rules if the amount infused was too high. On October 1, 2019, the USADA banned Alberto Salazar for 4 years due to allegations he "trafficked testosterone , infused
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#17328021724111140-574: A new Trials record, breaking Meb Keflezighi 's time of 27:36.49 from 2004, and secured Rupp's second trip to the Olympic Games. On June 28, 2012, Rupp broke Steve Prefontaine 's last remaining record – his Olympic Trials 5000 m record from 1972 – winning the race in 13:22.67. On August 4, 2012, at the London Olympic Games, Rupp took a surprise silver medal for the 10,000 m behind his training partner Mo Farah with
1235-407: A prohibited amount of L-carnitine and tried to tamper with doping controls." Salazar continues to deny the allegation and plans to appeal the ban. On November 7, 2019, The New York Times released a video Op-Ed in which former Oregon Project athlete Mary Cain alleged that she suffered emotional and physical abuse at the hands of Alberto Salazar during her time at the project. Cain claimed that she
1330-457: A reduced percentage of their own body weight, resulting in less intense impact on the body than outdoor running. They also had a collaboration with Colorado Altitude Training (CAT), a company specializing in hypoxic athletic training, for their training equipment. Nike's Oregon Project was created by Nike Vice President Thomas E. Clarke after he reportedly became dissatisfied with the performance of American athletes in long-distance events since
1425-489: A regional early release were known as Quickstrikes , and became highly desirable items for teenage members of the sneakerhead subculture . By the 1990s and 2000s , American and European teenagers associated with the preppy or popular clique began combining these sneakers, leggings , sweatpants, crop tops , and tracksuits with regular casual chic street clothes such as jeans, skirts, leg warmers , slouch socks , and bomber jackets . Particularly popular were
1520-641: A series of improvements to his personal records: he broke four minutes for the one-mile run at the Pre Classic , running it in 3:57.72, set an outdoor 3000 m personal best of 7:43.24 at the London Grand Prix , and then improved his 5000 m time to 13:07.35 at the season-ending Weltklasse Zürich meeting. Rupp took part in the Great Edinburgh Cross Country in 2011 and finished second behind Mo Farah , helping
1615-478: A status symbol in modern urban fashion and hip-hop fashion due to its association with success in sport. Beginning in the 1980s, various items of Nike clothing became staples of mainstream American youth fashion , especially tracksuits, shell suits , baseball caps , Air Jordans , Air Force 1's, and Air Max running shoes with thick, air cushioned rubber soles and contrasting blue, yellow, green, white, or red trim. Limited edition sneakers and prototypes with
1710-469: A think tank to discuss the ethics of the high-altitude house. The Agency's Senior Managing Director, Larry Bowers said, "The argument for altitude rooms is that they make up for those athletes that can't live high. What they don't take into account is that people living high don't get the benefits of training low." Alberto Salazar was confident the Anti-Doping Agency would ultimately approve
1805-584: A time of 27:08.91. On February 13, 2016, Rupp qualified for the U.S. National Team for the 2016 Rio Olympics as a marathoner. It was the first marathon that Rupp had competed in, becoming the second American runner in history to win the Olympic marathon trials on their first attempt. He beat second-place finisher, Meb Keflezighi , by over a minute, recording the winning time of 2:11:13 on a warm day in Los Angeles . A few months later, on July 1, Rupp won
1900-431: A time of 27:30:90, after running his last lap in 53.8 seconds. This was the first time a U.S. man had earned a medal in the Olympic 10,000 m in 48 years, the last being Billy Mills 's gold in the 1964 Olympics . On August 8, 2012, Rupp advanced to the final of the 5000 m with a sixth-place finish in 13:17.56. Two days later, in the 5000-meter Olympic final, Rupp placed seventh in 13:45.04. On January 26, 2013, at
1995-557: A time of 27:52.53. In 2009, Rupp won the inaugural Bowerman Award , which is given to college track's Athlete of the Year. Having earned himself a place on the U.S. team for the 2009 World Championships in Athletics , Rupp announced that he was turning pro and that Michael Johnson would be his agent. At the World Championships, Rupp placed eighth in the 10,000 m, in which he was one of only two non-Africans in
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#17328021724112090-411: A time of 28:11.61 – less than three seconds ahead of runner-up Ben True . On August 22, 2015, in the 10,000 m at the 2015 World Championships in Athletics , Rupp ran with the breakaway lead pack of his training partner Mo Farah and three Kenyan athletes, as they tried to act as a team to beat Farah. Farah started a long kick, resulting in a 54.15 last lap for the victory; Rupp placed fifth with
2185-570: A time of 28:12.07. On June 10 and July 5, Rupp attempted to break the U.S. record for the outdoor 5000 m but was unsuccessful both times. In its annual World Rankings issue in 2014, Track & Field News magazine recognized Rupp as the world's top athlete in the 10,000 m, marking the first time an American runner claimed the No. 1 position since the 1985 season. At the 2015 USA Outdoor Track and Field Championships , Rupp won his seventh-consecutive 10,000 m national title, finishing with
2280-694: A time of 28:47.32. His teammate, Dathan Ritzenhein, led the last four laps or so, but he was out-kicked by Rupp in the end. He was also the runner-up in the 5000 m to Bernard Lagat. These finishes qualified Rupp for two events at the IAAF World Championships in Moscow. He raced the 5000 m at the Monaco Diamond League Meet, where there were rumors of him and Lagat going after the U.S. record. However, Rupp came out on top because Lagat did not finish, and no U.S. record
2375-675: A time of 29:03.8, a new course record on the Terre Haute, Indiana, site, and leading the Ducks to repeat as NCAA team champions. Rupp's 2009 track season was a resounding success. Indoors, he joined the sub-4:00 club for the one-mile run on March 7 with a time of 3:57.86 at the Husky Last Chance Qualifier Meet in Seattle. On February 13, 2009, he broke the U.S. indoor 5000 m record with a time of 13:18.12 at
2470-488: A time of 2:09:20, and qualified for the 2020 Tokyo Olympic Games, where he finished eighth. Rupp holds or held multiple U.S. records at the high school , collegiate and senior levels. He is considered to be one of the greatest American distance runners of all time. Born in Portland, Oregon , into a Catholic family of German descent, Rupp set junior and American high school records while competing for Portland, Oregon 's Central Catholic High School . Originally
2565-607: A time of 59:16. On October 8, Rupp won the Bank of America Chicago Marathon with a time of 2:09:20, becoming the first American male to win the race since Khalid Khannouchi in 2002 and the first American-born runner to win since Greg Meyer in 1982. On March 11, 2018, Rupp won the Roma-Ostia Half Marathon with a time of 59:47, becoming the second American to run a half marathon in under 60 minutes. He fell short of Ryan Hall 's U.S. record by four seconds. At
2660-682: A time of 7:30.16 at the XL Galan meet in Stockholm, Sweden. During the start of his 2013 outdoor season, he did not finish the 5000 m at the Oxy High Performance Meet, but he placed second in the 1500 m with a time of 3:36.98. He placed sixth in the Prefontaine Classic 5000 m. At the 2013 USA Track & Field Championships, he won his fifth-consecutive outdoor 10,000 m title, finishing with
2755-538: A time of 8:07.41, breaking the previous record of 8:09.49 by Bernard Lagat on February 16, 2013. On May 30, Rupp finished with a time of 26:44.36 at the Prefontaine Classic in the 10,000 m, breaking his own U.S. record of 26:48.00, which was set on September 16, 2011. On June 27, Rupp won his sixth-consecutive 10,000 m title at the USA Outdoor Track and Field Championships with
2850-742: Is "squishier, bouncier, and lighter" than foams in typical running shoes. In the middle of the ZoomX foam there is a full-length carbon fiber plate "designed to generate extra spring in every step". At the time of this writing Nike had just released its newest product from the Vaporfly line, the Nike ZoomX Vaporfly NEXT%, which was marketed as "the fastest shoe we’ve ever made" using Nike's "two most innovative technologies, Nike ZoomX foam and VaporWeave material". The Nike brand, with its distinctive " Swoosh " logo, quickly became regarded as
2945-539: Is 3000 yuan per month. The factory employs 70,000 people. This practice was in place for nearly 20 years. On November 5, 2017, the Paradise Papers , a set of confidential electronic documents relating to offshore investment , revealed that Nike is among the corporations that used offshore companies to avoid taxes. Appleby documents detail how Nike boosted its after-tax profits by, among other maneuvers, transferring ownership of its Swoosh trademark to
Nike Oregon Project - Misplaced Pages Continue
3040-1035: Is hesitant to disclose information about the contract companies it works with. However, due to harsh criticism from some organizations like CorpWatch, Nike has disclosed information about its contract factories in its Corporate Governance Report. In the 1990s, Nike received criticism for its use of sweatshops . Beginning in 1990, many protests occurred in big cities such as Los Angeles, Washington, DC and Boston in order to show public outcry for Nike's use of child labor and sweatshops. Nike has been criticized for contracting with factories (known as Nike sweatshops ) in countries such as China, Vietnam, Indonesia and Mexico. Vietnam Labor Watch, an activist group, has documented that factories contracted by Nike have violated minimum wage and overtime laws in Vietnam as late as 1996, although Nike claims that this practice has been stopped. As of July 2011, Nike stated that two-thirds of its factories producing Converse products still do not meet
3135-617: Is not being used. In 2001, a BBC documentary uncovered occurrences of child labor and poor working conditions in a Cambodian factory used by Nike. The documentary focused on six girls, who all worked seven days a week, often 16 hours a day. In April 2014, one of the biggest strikes in mainland China took place at the Yue Yuen Industrial Holdings Dongguan shoe factory, producing amongst others for Nike. Yue Yuen did underpay an employee by 250 yuan (40.82 US Dollars) per month. The average salary at Yue Yuen
3230-504: Is specifically barred from forcibly annexing the land that Nike and Columbia Sportswear occupy in Washington County for 35 years, while Electro Scientific Industries and Tektronix receive the same protection for 30 years. Nike is planning to build a 3.2 million square foot expansion to its World Headquarters in Beaverton. The design will target LEED Platinum certification and will be highlighted by natural daylight, and
3325-880: Is the world's largest supplier of athletic shoes and apparel and a major manufacturer of sports equipment , with revenue in excess of US$ 46 billion in its fiscal year 2022. The company was founded on January 25, 1964, as "Blue Ribbon Sports", by Bill Bowerman and Phil Knight , and officially became Nike, Inc. on May 30, 1971. The company takes its name from Nike , the Greek goddess of victory. Nike markets its products under its own brand, as well as Nike Golf, Nike Pro, Nike+ , Nike Blazers , Air Force 1 , Nike Dunk , Air Max , Foamposite, Nike Skateboarding , Nike CR7, and subsidiaries including Air Jordan and Converse . Nike also owned Bauer Hockey from 1995 to 2008, and previously owned Cole Haan , Umbro , and Hurley International . In addition to manufacturing sportswear and equipment,
3420-561: The 2018 Boston Marathon , Rupp dropped out of the race near the 20-mile mark, just before Heartbreak Hill . On May 6, Rupp won the Prague Marathon , setting a new personal best of 2:06:07. On October 7, Rupp finished fifth at the Chicago Marathon with a time of 2:06:21. The race was won convincingly by his former training partner Mo Farah , who finished in 2:05:11. Rupp underwent surgery on October 19 to correct
3515-788: The Nike+ product that monitors a runner's performance via a radio device in the shoe that links to the iPod nano . While the product generates useful statistics, it has been criticized by researchers who were able to identify users' RFID devices from 60 feet (18 m) away using small, concealable intelligence motes in a wireless sensor network . In 2004, Nike launched the SPARQ Training Program /Division. Some of Nike's newest shoes contain Flywire and Lunarlite Foam to reduce weight. The Air Zoom Vomero running shoe, introduced in 2006 and currently in its 11th generation, featured
3610-653: The Prague Half Marathon , finishing with a time of 1:01:59. On April 17, he finished second in the 2017 Boston Marathon with a time of 2:09:58, which was 21 seconds behind winner, Geoffrey Kirui . On September 4, Rupp won the Faxon Law New Haven Road Race – a 20,000-meter road race in New Haven, Connecticut – with a time of 59:04, holding off Leonard Korir at the finish line, while Sam Chelanga finished in third place with
3705-534: The 10,000 m and 5000 m at the Pac-10 conference meet and helped Oregon to the team title. As in his freshman year, he went on to finish second in the 10,000 m at the NCAA Outdoor Track and Field Championships. Rupp made his global senior debut at the 2007 World Championships in Athletics and came in 11th at the 10,000 m. A few months later, Rupp finished second – one second behind
3800-683: The 10,000 m at the United States Olympic Trials with a time of 27:55.04, qualifying for the Olympics in a second event. At the same meet, he placed ninth over the 5000 m. At the 2016 Summer Olympics in Rio de Janeiro , Rupp placed fifth in the 10,000 m . Eight days later, he finished third and earned a bronze medal in the Olympic Marathon with a time of 2:10:05. On April 1, 2017, Rupp placed 11th in
3895-412: The 10,000 m final with a 27:24.39, a seasonal-best performance. He followed up that performance with a time of 13:29.87 run in the 5000 m finals, placing eighth. Rupp set the U.S. indoor 5000 m record at Boston University on January 16, 2014, with a time of 13:01.26, breaking Lopez Lomong 's previous record of 13:07.00. On January 25, Rupp set the U.S. record for the indoor two miles with
Nike Oregon Project - Misplaced Pages Continue
3990-531: The 2000s. It sold Starter in 2007 and Bauer Hockey in 2008. The company sold Umbro in 2012 and Cole Haan in 2013. As of 2020, Nike owns only one subsidiary: Converse Inc. Nike acquired Zodiac, a consumer data analytics company, in March 2018. In August 2019, the company acquired Celect, a Boston-based predictive analytics company. In December 2021, Nike purchased RTFKT Studios, a virtual shoe company that makes NFTs. In February 2021, Nike acquired Datalogue,
4085-521: The 2003 Foot Locker Cross Country Championships . In the spring of 2004, Rupp won his 5000 meters heat against college runners at the Stanford Cardinal Invitational with a time of 13:55.32, fourth-best in U.S. prep history. He went on to break the Oregon state records for the 1500 m (3:45.3) and the mile (4:01.8), the latter mark being the ninth-best in American high school history at the time. In June 2004, Rupp broke
4180-443: The 2006 NCAA Men's Cross Country Championship . The following March, Rupp capped his indoor season by placing third in the 5000 m and fourth in the 3000 m at the 2007 NCAA Men's Indoor Track and Field Championship . He began his outdoor season by running a 28:35 over the 10,000 m at Stanford. During the race, he caused some controversy by frequently slowing down to wait for another athlete. On April 20, 2007, Rupp made
4275-465: The 2009 NCAA Division I outdoor track championships. In all, Rupp earned 14 All-American honors at Oregon, along with five individual championships, a relay championship, two NCAA cross country team titles and an indoor track NCAA team title. In his last appearance for the University of Oregon, Rupp won the 10,000 m at the 2009 USA Outdoor Track & Field Championships at Hayward Field with
4370-621: The 3000 m in Lignano , Italy, with a time of 7:49.16, which is also the current North American and Pan American junior record. After he led the team in the Willamette Invitational (sixth) and Pre-NCAA Invitational (12th), an injury brought Rupp's 2005 cross country season to an early end. In indoor track, Rupp placed fifth in the 5000 m and sixth in the 3000 m at the 2006 NCAA indoor championships, earning All-American status in both events. His 2006 outdoor season
4465-617: The 5000 m, and though he was in the lead with Farah with a little more than a lap remaining, he was out-kicked and finished in ninth place with a time of 13:28.64. Rupp finished his track season with a new U.S. record in the 10,000 m when he ran in 26:48.00 to finish third behind winner, Kenenisa Bekele , at the Memorial Van Damme meet on September 16, 2011. This time made Rupp the 16th-fastest performer in history for that distance. Rupp broke Bernard Lagat's U.S. indoor two-mile run record on February 11, 2012, when he won
4560-676: The Dunk Genesis Cryptokicks collection, which features over 20,000 NFTs. One design by Takashi Murakami was sold for $ 134,000 in April 2022. Nike's world headquarters are surrounded by the city of Beaverton but are within unincorporated Washington County . The city attempted to forcibly annex Nike's headquarters, which led to a lawsuit by Nike, and lobbying by the company that ultimately ended in Oregon Senate Bill 887 of 2005. Under that bill's terms, Beaverton
4655-573: The East Coast, in Wellesley, Massachusetts . In 1971, Bowerman used his wife's waffle iron to experiment on rubber to create a new sole for track shoes that would grip but be lightweight and increase the runner's speed. Oregon's Hayward Field was transitioning to an artificial surface, and Bowerman wanted a sole which could grip to grass or bark dust without the use of spikes. Bowerman was talking to his wife about this puzzle over breakfast, when
4750-467: The NCAA 4 x mile record on May 10. He ran a time of 3:58.93 as the anchor the relay, which also included his Oregon teammates Matthew Centrowitz Jr. (3:59.53), Andrew Wheating (3:59.60) and Shadrack Kiptoo-Biwott (4:05.21), and they shaved a little more than one second off the old record with their time of 16:03.24. After helping Oregon defend its Pac-10 title, Rupp won the 5000 m and 10,000 m at
4845-974: The Nike 6.0, Nike NYX, and Nike SB shoes, designed for skateboarding. Nike has recently introduced cricket shoes called Air Zoom Yorker, designed to be 30% lighter than their competitors'. In 2008, Nike introduced the Air Jordan XX3, a high-performance basketball shoe designed with the environment in mind. Nike's range of products include shoes, jerseys, shorts, cleats , baselayers , etc. for sports activities such as soccer, basketball, track and field, combat sports , tennis, American football , athletics, golf, ice hockey , and cross training for men, women, and children. Nike also sells shoes for activities such as skateboarding , baseball, cycling, volleyball, wrestling , cheerleading , lacrosse , cricket , aquatic activities, auto racing, and other athletic and recreational uses. Nike partnered with Apple Inc. to produce
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#17328021724114940-571: The Nike brand was valued at $ 29.6 billion. Nike ranked 89th in the 2018 Fortune 500 list of the largest United States corporations by total revenue. The company ranked 239th in the Forbes Global 2000 companies in 2024. Nike, originally known as Blue Ribbon Sports (BRS), was founded by University of Oregon track athlete Phil Knight and his coach, Bill Bowerman , on January 25, 1964. The company initially operated in Eugene , Oregon as
5035-512: The Nike logo. Runner Jeff Johnson was brought in to help market the new brand and was credited for coining the name “Nike”. It would bear the Swoosh newly designed by Carolyn Davidson . The Swoosh was first used by Nike on June 18, 1971, and was registered with the U.S. Patent and Trademark Office on January 22, 1974. In 1976, the company hired John Brown and Partners, based in Seattle, as its first advertising agency . The following year,
5130-516: The Olympics, Rupp avoided the early 2008 cross country season, running his first race at the Pac-10 Conference Championships, which he won in a course-record 22:55 in the 8000-meter run. He then repeated as NCAA West Regional champion by running 27:41.24 to win the 10,000 m. In the 2008 NCAA national cross country championships, Rupp won his first individual NCAA title by out-kicking Liberty University's Sam Chelanga in
5225-619: The Oregon Project, hiring cross country coach Jerry Schumacher away from the University of Wisconsin–Madison . In turn, Schumacher brought his top distance protégé, Matt Tegenkamp , with him to join the program along with Chris Solinsky and UW–Madison freshman turned pro Evan Jager . In 2002, the Oregon Project came under scrutiny from the United States Anti-Doping Agency (USADA), which formed
5320-555: The Tyson Invitational in Fayetteville, Arkansas . At the NCAA indoor nationals, he won an unprecedented three events: the 5000 m (13:41.45), the distance medley relay (running a 3:57.07 as the 1600 m anchor leg only 90 minutes after his 5000 m victory), and the 3000 m (7:48.94) the next day. This triple victory helped Oregon win its first-ever indoor national team title. Outdoors, Rupp helped break
5415-478: The U.S. high school record for the 3000 m with a time of 8:03.67 (since broken by German Fernandez ), also breaking the high school record for the 2000 meters en route (5:18.5). On July 31 in Heusden-Zolder , Belgium, he broke Gerry Lindgren 's 40-year-old U.S. high school record for the 5000 m by almost seven seconds, with a time of 13:37.91 for the event. He finished his high school career with
5510-414: The U.S. record was 27:13.98 set by Meb Keflezighi , and though Rupp's time was over three seconds faster, he was beaten to the punch by Chris Solinsky , who won the race with a new U.S. record of 26:59.60. Two months later, Rupp retained his national title in the 10,000 m with a win at the 2010 USA Outdoor Track and Field Championships . Rupp competed on the 2010 IAAF Diamond League circuit and made
5605-500: The U.S. team to second place. He then took part in the New York City Half Marathon , his debut at that distance and finished third in a time of 1:00:30, at the time making him the third-fastest American at the distance. At the 2011 USA Outdoor Track and Field Championships , he once again retained his national 10,000 m title, running the last 800 meters in a quick 1:52.59 to seal his victory, and came back
5700-605: The University of Oregon in time for the outdoor track season. On May 7, 2005, at the Oregon Twilight Meet, Rupp broke Rudy Chapa 's U.S. junior (age 19 and under) record for the 10,000 m with a time of 28:25.52, which is still the current North American and Pan American junior record. Two months later, he placed second in the same event at the NCAA Men's Outdoor Track and Field Championship . On July 17, 2005, Rupp broke Gerry Lindgren 's U.S. junior record for
5795-487: The agency created the first "brand ad" for Nike, called "There is no finish line", in which no Nike product was shown. By 1980, Nike had attained a 50% market share in the U.S. athletic shoe market, and the company went public in December of that year. Wieden+Kennedy , Nike's primary ad agency, has worked with Nike to create many print and television advertisements, and Wieden+Kennedy remains Nike's primary ad agency. It
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#17328021724115890-605: The altitude house, saying that it's no different from other legal scientific advances like heart rate monitors and sports drinks. In 2006, the subject was revisited more thoroughly by the World Anti-Doping Agency (WADA) which claimed that it could be equivalent to blood doping and therefore they should be banned; however, on September 16, 2006, Dick Pound of the WADA announced that "... the overwhelming consensus of our health, medicine and research committees –
5985-476: The company on June 30, 2016. In a company public announcement on March 15, 2018, Nike CEO Mark Parker said Trevor Edwards, a top Nike executive who was seen as a potential successor to the chief executive, was relinquishing his position as Nike's brand president and would retire in August. In October 2019, John Donahoe was announced as the next CEO, and succeeded Parker on January 13, 2020. In November 2019,
6080-465: The company operates retail stores under the Niketown name. Nike sponsors many high-profile athletes and sports teams around the world, with the highly recognized trademarks of " Just Do It " and the Swoosh logo. As of 2024, it employed 83,700 people worldwide. In 2020, the brand alone was valued in excess of $ 32 billion, making it the most valuable brand among sports businesses. Previously, in 2017,
6175-693: The company stopped selling directly through Amazon , focusing more on direct relationships with customers. Nike has acquired and sold several apparel and footwear companies over the course of its history. Its first acquisition was the upscale footwear company Cole Haan in 1988, followed by the purchase of Bauer Hockey in 1994. In 2002, Nike bought surf apparel company Hurley International from founder Bob Hurley. In 2003, Nike paid US$ 309 million to acquire sneaker company Converse . The company acquired Starter in 2004 and soccer uniform maker Umbro in 2007. In order to refocus its business lines, Nike began divesting itself of some of its subsidiaries in
6270-680: The company's standards for worker treatment. A July 2011 Associated Press article stated that employees at the company's plants in Indonesia reported constant abuse from supervisors. During the 1990s, Nike faced criticism for the use of child labor in Cambodia and Pakistan in factories it contracted to manufacture soccer balls. Although Nike took action to curb or at least reduce the practice, they continue to contract their production to companies that operate in areas where inadequate regulation and monitoring make it hard to ensure that child labor
6365-662: The early 1980s. During that time, Alberto Salazar (later to become the Oregon Project head coach) had won three consecutive New York City Marathons in 1980, 1981, and 1982. When the project first began, Salazar chose some of the top runners of the time that he believed had great potential. Eventually, however, he concluded that since these athletes were older, their training habits had become ingrained and difficult to overcome; this led Salazar to take on younger athletes instead. His new focus led Salazar to coach Matthew Centrowitz , Galen Rupp , and Adam and Kara Goucher . Salazar believes these athletes went on to more success because he
6460-406: The event at the USA Track & Field Classic meet in Fayetteville, Arkansas, in a time of 8:09.72. (Lagat reclaimed the record in 2013 at the Millrose Games in New York City.) In June, Rupp became the sixth American to break 13 minutes for the 5000 m when he ran 12:58.90 at the Prefontaine Classic. He won the 10,000 m at the 2012 United States Olympic Trials in a time of 27:25.33, which set
6555-482: The indoor Terrier Classic at Boston University , Rupp attempted to break the U.S. indoor one-mile run record, winning with a time of 3:50.92 – the fifth-fastest at the time – in a field that included four other sub-four-minute performers. Among Americans, Rupp's time was behind only that of Bernard Lagat . Rupp placed second at the Boston Indoor Grand Prix 3000 m. On February 21, 2013, he broke Lagat's national indoor 3000 m record by more than two seconds with
6650-514: The intellectual property from the Bermudan company to a Dutch commanditaire vennootschap or limited partnership, Nike Innovate CV. Dutch law treats income earned by a CV as if it had been earned by the principals, who owe no tax in the Netherlands if they do not reside there. Galen Rupp Galen Rupp (born May 8, 1986) is an American long-distance runner . He competed in the Summer Olympics in 2008 in Beijing , 2012 in London , 2016 in Rio de Janeiro and 2021 in Tokyo . He won
6745-683: The last words spoken by Gary Gilmore before he was executed. Nike manufactured its first uniforms for a professional sports team in 1979 when its jersey for the Portland Timbers of the North American Soccer League debuted. Throughout the 1980s, Nike expanded its product line to encompass many sports and regions throughout the world. In 1990, Nike moved into its eight-building World Headquarters campus in Beaverton, Oregon. The first Nike retail store, dubbed Niketown, opened in downtown Portland in November of that year. Phil Knight announced in mid-2015 that he would step down as chairman of Nike in 2016. He officially stepped down from all duties with
6840-474: The latter attempted a takeover of BRS by extending an ultimatum proposal that would give the Japanese company 51 percent of BRS. In 1972, the relationship between BRS and Onitsuka Tiger came to an end. BRS prepared to launch its own line of footwear. The previous year, it was already able to place from two Japanese shoe manufacturers the company's first independent order for 20,000, which included 6,000 that had
6935-559: The next day to finish third in the 5000 m. In July, he improved his 5000 m personal best to 13:06.86 at the Diamond League meeting in Birmingham, England , out-sprinting the reigning world cross country champion, Imane Merga , for second place behind winner, Mo Farah. At the 2011 World Championships in Athletics , Rupp finished seventh in the 10,000 m with a seasonal best of 27:26.84. He then doubled back to run
7030-643: The previous fiscal cycle. Nike's shares traded at over $ 72 per share, and its market capitalization was valued at over US$ 114.5 billion in October 2018. In February 2020, the company said that roughly 75% of Nike stores in Greater China had closed due to the COVID-19 outbreak. In March 2020, Nike reported a 5% drop in Chinese sales associated with stores' closure. It was the first decrease in six years. At
7125-563: The runners in the group lived in a specially designed house where filters were used to remove oxygen from the air to simulate living at high elevation. Numerous studies have shown that living at altitude causes an athlete to develop more red blood cells, increasing athletic performance. In addition to the simulated altitude training, program was used to monitor electrodes attached to the athletes, determining what condition they were in and how far or fast they could train. They used underwater and low-gravity treadmills , which allow athletes to run on
7220-507: The same time, the company's online sales grew by 36% during Q1 of 2020. Also, the sales of personal training apps grew by 80% in China. Nike produces a wide range of sports equipment and apparel. Their first products were track running shoes. Nike Air Max is a line of shoes first released by Nike, Inc. in 1987. Additional product lines were introduced later, such as Air Huarache, which debuted in 1992. The most recent additions to their line are
7315-666: The shoes featured in Back to the Future Part II , it had a preliminary limited release, only available by auction with all proceeds going to the Michael J. Fox Foundation . This was done again in 2016. Nike have introduced a premium line, focused more on streetwear than sports wear called NikeLab. In March 2017, Nike announced its launch of a plus-size clothing line, which will feature new sizes 1X through 3X on more than 200 products. Another significant development at this time
7410-649: The silver medal in the men's 10,000 meters in London and the bronze medal in the men's marathon in Rio de Janeiro. Rupp competed for the University of Oregon and trained under Alberto Salazar as a member of the Nike Oregon Project . He won the 2017 Chicago Marathon , becoming the first American to do so since Khalid Khannouchi in 2002. Rupp won the marathon at the 2020 U.S. Olympic Trials in Atlanta with
7505-462: The situation surrounding the actions of Alberto Salazar were distracting for the athletes and compromising their ability to focus on their training and competition needs. The current runners involved in the project would be assisted by Nike to find alternative training arrangements. Nike, Inc. Nike, Inc. (stylized as NIKE ) is an American athletic footwear and apparel corporation headquartered near Beaverton, Oregon , United States. It
7600-462: The sole plus a moisture wicking upper weave. Later, Nike Elite socks became available in bright colors inspired by throwback basketball uniforms , often with contrasting bold abstract designs, images of celebrities, and freehand digital print to capitalise upon the emerging nostalgia for 1990s fashion . In 2015, a new self-lacing shoe was introduced. Called the Nike Mag , which are replicas of
7695-564: The top 12 alongside Dathan Ritzenhein . He then qualified for and competed at the 2010 IAAF World Indoor Championships , where he set a personal best of 7:42.40 for the 3000 m, taking fifth place in the final. Rupp knocked more than 20 seconds off his previous 10,000 m personal best with a time of 27:10.74 in Palo Alto, California , at the Payton Jordan Stanford Invitational. Before that race,
7790-422: The unisex spandex Nike Tempo compression shorts worn for cycling and running, which had a mesh lining, waterproofing, and, later in the 2000s, a zip pocket for a Walkman or MP3 player . From the late 2000s into the 2010s, Nike Elite basketball socks began to be worn as everyday clothes by hip-hop fans and young children. Originally plain white or black, these socks had special shock absorbing cushioning in
7885-569: The use of kangaroo leather." The Nike Vaporfly first came out in 2017 and their popularity, along with its performance, prompted a new series of running shoes. The Vaporfly series has a new technological composition that has revolutionized long-distance running since studies have shown that these shoes can improve marathon race time up to 4.2%. The composition of the sole contains a foamy material, Pebax, that Nike has altered and now calls it ZoomX (which can be found in other Nike products as well). Pebax foam can also be found in airplane insulation and
7980-456: The waffle iron idea came into play. Bowerman's design led to the introduction of the "Moon Shoe" in 1972, so named because the waffle tread was said to resemble the footprints left by astronauts on the Moon. Further refinement resulted in the "Waffle Trainer" in 1974, which helped fuel the explosive growth of Blue Ribbon Sports/Nike. Tension between BRS and Onitsuka Tiger increased in 1971 as
8075-521: The winner, Liberty University 's Josh McDougal – and led the Oregon Ducks to the 2007 NCAA men's cross country team championship. Rupp redshirted the 2008 college track season to focus on the 10,000 m at the 2008 U.S. Olympic Track and Field Trials , where he finished second (27:43.11), earning a spot on the 2008 U.S. Olympic team . He went on to finish 13th at the 2008 Olympics with an U.S. Olympic–record time of 27:36.99. Recovering from
8170-510: Was Miles Nadal , a Canadian investor and car collector, who had just paid $ 850,000 for a group of 99 rare of limited collection pairs of sport shoes. The purchase price was the highest for one pair of sneakers, the previous record being $ 190,373 in 2017 for a pair of signed Converse shoes in California, said to have been worn by Michael Jordan during the 1984 basketball final of the Olympics that year. After acquiring RTFKT, Nike launched
8265-405: Was able to work with them from a younger age. The health of coach and project director Alberto Salazar has been in question since he suffered a heart attack at Nike's Beaverton campus on June 30, 2007. From that time, Salazar has been implanted with a defibrillator, and he planned to take a more limited role with Nike Oregon Project. In June 2008, Salazar chose his tentative successor as head of
8360-494: Was agency co-founder Dan Wieden who coined the now-famous slogan " Just Do It " for a 1988 Nike ad campaign, which was chosen by Advertising Age as one of the top five ad slogans of the 20th century and enshrined in the Smithsonian Institution . Walt Stack was featured in Nike's first "Just Do It" advertisement, which debuted on July 1, 1988. Wieden credits the inspiration for the slogan to "Let's do it",
8455-502: Was brief due to the onset of hypothyroidism . Rupp returned to cross country in 2006 to defeat two-time Pac-10 champion Robert Cheseret , Bernard Lagat 's brother, of the University of Arizona to become Oregon's 10th male runner to win a Pac-10 Conference cross country title. He also led a young Oregon team to victory over the Stanford Cardinal , who had won the previous six Pac-10 titles. Rupp went on to finish sixth in
8550-599: Was broken that day. At the London Diamond League meet, his last event before Moscow, he raced in the Emsley Carr Mile, in which he was the top American in an international field, even though he is a 10,000 m specialist. He set an outdoor personal best of 3:52.11, beating out a field that included his 1500 m specialist teammate Matthew Centrowitz. On August 10, 2013, at the 14th IAAF World Championships in Moscow, Russia, Rupp placed fourth in
8645-516: Was needed—for tax purposes the subsidiary was treated as Bermuda. Its profits were not declared in Europe and came to light only because of a mostly unrelated case in US Tax Court, where papers filed by Nike briefly mention royalties in 2010, 2011 and 2012 totaling $ 3.86 billion. Under an arrangement with Dutch authorities, the tax break was to expire in 2014, so another reorganization transferred
8740-501: Was pressured to take illegal diuretics and shamed about her weight to the point of self-harm and suicidal thoughts. In a statement, Salazar denied most of the allegations. Nike also made an official statement challenging the allegations, citing Cain's desire to rejoin the team in April 2019. On October 10, 2019, Nike announced that they would be closing down the Nike Oregon project. The CEO of Nike, Mark Parker , reported that
8835-428: Was that, at this time, it is not appropriate to do so." No explanation was given as to how WADA could possibly have enforced such a ban. The Oregon Project has also been criticized by college track coaches for recruiting Galen Rupp directly out of high school to go live at the high-altitude house and forgo attending University of Oregon for his first year. On May 19, 2017, The New York Times wrote an article about
8930-509: Was the Chuck Taylor All-Star Modern , an update of the classic basketball sneaker that incorporated the circular knit upper and cushioned foam sole of Nike's Air Jordans. On July 23, 2019, a pair of Nike Inc. running shoes sold for $ 437,500 at a Sotheby's auction. The so-called "Moon Shoes" were designed by Nike co-founder and track coach Bill Bowerman for runners participating in the 1972 Olympics trials. The buyer
9025-684: Was the first. I don't care what all the billionaires say. Bill Bowerman made the first pair of shoes for me. People don't believe me. In fact, I didn't like the way they felt on my feet. There was no support and they were too tight. But I saw Bowerman made them from the waffle iron , and they were mine". In its first year in business, BRS sold 1,300 pairs of Japanese running shoes grossing $ 8,000. By 1965, sales had reached $ 20,000. In 1966, BRS opened its first retail store at 3107 Pico Boulevard in Santa Monica, California . In 1967, due to increasing sales, BRS expanded retail and distribution operations on
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