Nike Inc started out as ‘Blue Ribbon Sports’. It was founded by University of Oregon athlete Philip Knight and the coach Bill Bowerman in January of 1964. They were initially distributors for Onitsuka Tiger that later became ASICS. They did business out of the back of their cars at track meets. Bowerman used a waffle iron to make the first shoe. By 2012, Nike had revenues of almost $24 billion. The infographic below tracks the rise of Nike:
The 50 Years Of Nike by the team at OutletShoppers.com
Book:
Swoosh: The Unauthorized Story of Nike and the Men Who Played There
Authors: J.B. Strassner, Laurie Becklund
Publaihed: 30 April 1993
Discloses the details of one of America’s most significant success stories – Nike Corporation’s rise from a small, unknown revolutionary sneaker company to a $3 billion international organization, attracting such celebrity endorsers as Michael Jordan, Bo Jackson and Andre Agassi.
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Related Topics:
History of Podiatry | Footwear History | Nike | Nike Waffle Shoe | History of Running Shoes
External Links:
Nike History & Heritage
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