Chemoreceptor. Definition. noun, plural: chemoreceptors. (1) A sensory nerve cell or sense organ, as of smell, or taste, that are able to detect and respond to chemical stimuli. (2) A sensory receptor that detects chemical stimuli in the environment and relay that information to the central nervous system.
In July 2003, Nike paid $309 million to acquire Converse. Nike approached the 1980s revival around 2005 to relaunch the footwear of choice of that decade, and the Chucks quickly became a cultural phenomenon once again.
In 2014 the brand alone was valued at $19 billion, making it the most valuable brand among sports businesses. 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.