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Introduction of nike
Essay on the history of nike
Introduction of nike
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The History of Nike
There are many sports brands and companies in our world. Adidas, Puma, Champion, and Nike are some well-known ones. Nike had a unique start to its company though. Many people just take our clothing for granted and assume that the clothing lines started with some rich guy who wanted to earn some more money. This may be true in some cases, but Nike didn’t start that way. I am writing about this topic because I am an athlete and am interested in our history. Sports history. I feel that people have had great ideas but feared to express it to the world, because they were afraid. Afraid that people would laugh, that they would be shunned, afraid that people would take their idea. The creator of Nike was afraid, put he
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In the first section, I have a summary of the first few years of how Nike was founded. The next section is about the famous Nike logo. The final section I have is about the famous athletes signed to Nike through contracts. I include a works cited page at the end of the paper also.
The Start
The founder of Nike was Phil Knight. Bill Bowerman, a former coach to Phil Knight, joined him later in the year as a co-owner. Phil Knight was a college runner in Oregon. In one of Knight’s college classes, they had to write about a new business idea. Knight had taken note of how Japanese cameras had infiltrated the American shops and drove the German cameras out. Knight believed the same thing could happen with the shoe industry. He was very passionate in his idea and spent weeks memorizing numbers and equations. He received an A on his paper, and that was that. But Phil Knight never forgot about his idea. After Phil graduated college, he didn’t know what to do with his life. So he went back to his parent’s house with his younger siblings. Within a few months, Knight asked his father, William Knight, for money to travel the world. He also wanted to make a stop in Japan, where Onitsuka Tiger, a popular shoe brand was headquartered.
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The two friends got jobs as encyclopedia salesmen. Eventually, Phil remembered what his real mission was on this trip. So he left Hawaii, alone. Carter had met a girl and stayed in Hawaii with her. Phil Knight had gone to Japan and met up with some American builders that were stationed in Japan to rebuild after World War II. The American builders laughed when he told them his amazing idea, so Phil went to tour the city. He soon heard more American voices and met two Americans who went to Japan on vacation, but stayed there because they loved the culture. They started their own magazine line and kept it afloat somehow. Then Phil explained to them his own idea, and they were doubtful. They still helped him though, the two guys explained to him on how to do business with the Japanese. It was the complete opposite of what Knight was going to do with Onitsuka Tiger executives. Knight scheduled a meeting with the executives the next day and arrived a half hour late! Even though Phil arrived late, the executives were unfazed and still met with him. When Phil started presenting, immediately, one of the executives asked him who he was representing. So, Phil thought back to the blue ribbons, and trophies, and medals he won in
Nike: A Strange and Terrible Saga. Image is vital to the success of the giant international sports footwear and apparel corporation Nike. Endorsements by sports superstars like basketballer Michael Jordan, soccer maestro Eric Cantona and sprinting ace Cathy Freeman -- to name just a few -- have made the company's "Swoosh" logo synonymous with "cool" for millions of young people worldwide. That image would be badly tarnished if it became widely known that the Nike empire is built on cheap Third World labour (including child labour), denial of trade union rights and collaboration with repressive regimes, most notably the Suharto regime in Indonesia. Nike Australia's public relations spokesperson, Megan Ryan, was coy about how much the company spends on marketing and sponsorship when Green Left Weekly spoke to her recently.
Haven't you always wondered who made Nike and Under Armour? Well Nike was founded in 1964 by Bill Bowerman. Nike was making great progress for 32 years and then Under armour was founded by Kevin Plank in 1996. Nike was still making very good progress but was kind of splitting it with the new company Under Armour. Nike has always made more money and more people choose to spend their money at Nike stores.
Since its creation, Nike has proven itself as a popular brand and it has created niches by selling products such as footwear, apparels and various types of sports equipment. This paper will attempt to trace the product development of Nike shoes from its origins in conception and design to the manufacturing and production process located in contract factories in developing countries to advertising and marketing of Nike as a cultural commodity and finally, the retailing of the footwear around the world.
In 1965 two men by the names of Bill Bowerman and Phil Knight started Blue Ribbon Sports, now known as Nike, the business almost instantly became a top competitor. In 2012 Nike was said to have a net worth of 67 billion dollars, and co-founder Phil Knight a net worth of 18.7 billion dollars. The amount of profit Nike has attained is eye- opening, which made individuals that much more infuriated when they discovered Nike was accused of having sweatshops internationally. The accusations began in 1991 when activist Jeff Ballinger published a report, documenting the harsh conditions workers were forced to work in. Acknowledging the fact that Nike’s business plan was more about making profit than treating employees with any dignity. Nike’s strategy seemed to be to enter into poor nations where individuals were desperate for work. In 1996 it has been ...
Nike was first known as Blue Ribbon Sports, founded by University of Oregon track athlete Philip Knight and his coach Bill Bowerman in 1962. It officially became Nike, Inc. in 1978 while taking its name after the Greek goddess of victory. Mark Parker is the current CEO and Phil Knight still continues to hold a position at the top of the organization, as the company Chairman.
In Phil Knight’s memoir, Shoe Dog, Knight recounted his arduous journey in creating the notorious brand, Nike. He expressed the many hardships and accomplishments that he and his team went through to become a successful household name. Through his point of view, readers are able to see that adversity is necessary in order to triumph, and initiative is required to succeed.
From their marketing strategies to their selling philosophies, Nike has developed one of the most recognizable and demanded name and logo tandems ever created.
Nike Inc. was founded in 1962 by Bill Bowerman and Phil Knight as a partnership under the name, Blue Ribbon Sports. Our modest goal then was to distribute low-cost, high-quality Japanese athletic shoes to American consumers in an attempt to break Germany's domination of the domestic industry. In 2000 Nike Inc. not only manufactured and distributed athletic shoes at every marketable price point to a global market, but over 40% of our sales came from athletic apparel, sports equipment, and subsidiary ventures. Nike maintains traditional and non-traditional distribution channels in more than 100 countries targeting its primary market regions: United States, Europe, Asia Pacific, and the Americas (not including the United States).
Nike, formally known as Blue Ribbon Sports, was founded in 1964 by Bill Bowerman, a track and field coach from the University of Oregon, along with Phil Knight, a former student of Bill Bowerman. The company was renamed Nike in 1978. The Nike “Swoosh” logo is one of the most recognized logo’s around the world.
7.3 Analysing the success of other competitors, and their current sales figures and range allows Nike to see whether there is anything their competitors are doing that they are not it also allows them to spot any gaps in the market if they wish to diversify. Bibliography 1. Lecture Notes Andrew Davison 2. Lecture Notes Pete Johnson 3. HND Business BTEC 3.
Nike is the number one innovator in the world in athletic footwear, apparel, equipment, and accessories. This worldwide company operates in an extremely different organizational structure than other companies, such as Reebok and Adidas. Nike operates tremendous marketing strategies and develops inventive designs to inspire athletes around the world. This company is one of the largest suppliers in the world in athletic footwear and apparel, main producer of sports equipment, and making Nike the most valuable brand among sports companies. The task for Nike is to join diversity and inclusion to encourage ideas and innovation. Around the world, this company is a popular brand.
Nike was incorporated on September 8, 1969. Company focuses on seven key categories of its products: running, basketball, and football, men’s training, women’s training, Nike’s sportswear and action sports. It also designs products for kids as well as other athletic and recreational uses, such as cricket, golf, other activities, baseball, tennis, volleyball, soccer and wrestling. The Nike Company also deals in athletic apparel and accessories in addition of athletic bags and accessory items.
Nike is the world famous company. It is an American multinational corporation which is occupied in the design, development, manufacturing and worldwide marketing and selling of the footwear, equipment and many more other services. The Nike Company was founded on 25 January 1964. The first founder Bill Bower man and the second founder Phil Knight. The Nike name comes from the Greek word goddess of victory. The mission of the Nike Company is to bring inspiration and innovation to every athlete in the world. There are two sides to Nike: the public face and hidden misery. It is the number one shoe maker in the world. This Company creates designs for all age groups, for instance, for men, women and for Children.
Nike was originally known as Blue Ribbon Sports (know known as aisics) which was started by a Japanese native, Onitsuke Tiger, who made and sold running shoes. In 1963-1964 a Portland track coach and middle distance runner, Bill Bowerman and Phil Knight united with tiger to import and sell cheap high quality shoes to track runners. At the time most of the shoes were coming from Germany and the shoes were much more expensive then what Blue Ribbon Sports shoes were. Bill Bowerman was always trying to make quality shoes for his track athletes but never had much success. While Phil knight was a runner for Bowerman and went on to get his MBA the two joined together to join up with Tiger to import and sell Blue Ribbon Sports Shoes.
This project concentrates on the Nike Sports shoe; Nike is one of most significant shoe manufacturing company worldwide. Sportswear manufactured by Nike is known for quality and is most liked brand of athletes. (Daniel, 2011)