Nike, Inc. is a major publicly traded sportswear and equipment supplier based in the United States. The company is headquartered near Beaverton, Oregon, which is part of the Portland metropolitan area. It is the world's leading supplier of athletic shoes and apparel and a major manufacturer of sports equipment, with revenue in excess of US$18.6 billion in its fiscal year 2008 . As of 2008, it employed more than 30,000 people worldwide. Nike and Precision Castparts are the only Fortune 500 companies headquartered in the state of Oregon, according to The Oregonian.
The intercollegiate athletic teams at The University of Akron are known as the Zips. Teams compete in the National Collegiate Athletic Association at the Division I level and in the Football Bowl Subdivision for college football. Since 1992, the Zips have been members of the Mid-American Conference. The Zips name is unique in college athletics and comes from "zippers", rubber overshoes made by the BF Goodrich Company that were popular in the 1920s and 1930s. In 1925, a campus-wide contest had been conducted to choose a nickname for the university's athletic teams. Suggestions submitted by students, faculty, and alumni included Golden Blue Devils, Tip Toppers, Rubbernecks, Hillbillies, Kangaroos, and Cheveliers. The winner, freshman Margaret Hamlin, received a prize of $10 for "Zippers". Athletic director Kenneth Cochrane officially shortened the nickname to Zips in 1950. The university's mascot is "Zippy", a kangaroo. Zippy is one of only a few female college mascots in the United States.