Nike

Nike, Inc. In 1960 Bill Bowerman had a vision; he believed that athletic equipment and the athlete were directly linked. He was right; when Bowerman and Phil Knight took a chance at creating a cheap, lightweight running shoe, who would conduct imagined that their small shoe telephoner would turn into the prolific egg Nike, Inc. Today, Nike is a Fortune 500 family with stores scattered across the globe. From their meager number ones, to the many technological advances in athletic tog, to their kind endeavors, Nike is the perfect example of individuals fulfilling the American dream and sharing their skipper along the way. Nike grew out of the friendship between Bill Bowerman and Phil Knight. They beginning met in 1957 and seven years later formed a business partnership called aristocratic Ribbon Sports. Initially, they were local distributors for the Onitsuka tiger footwear brand, selling garment out of the back of their cars. twain years later in 1966, they opened the first meek Ribbon Company store in Santa Monica, California. As the company grew, Bowerman and Knight realized Onitsuka Tiger would limit their long-term chicken feed and severed ties with the company. In 1971, grim Ribbon Sports hired Carolyn Davidson for a mere $35 to design their classic swish logo.

The lap logo represented the spirit of the winged goddess of victory who bear on the most courageous and gallant warriors of early civilization (Nikebiz). A year later, Nike footwear was officially born. With the success and notoriety of the Nike brand, Blue Ribbon Sports was offici ally renamed Nike, Inc. in 1978. By the en! d of the 70s, Nike had moved their headquarters to Beaverton, Oregon; their foreign markets had expanded to Asiatic countries, and manufacturing sites were opened around the world. By 1981, Nike sold footwear in 40 foreign countries and had unique and sport specific shoes used throughout the world. Nike was not only known for their manufacture shoes, but also for their...If you want to get a fast essay, order it on our website: OrderCustomPaper.com

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