Phil knight wikipedia

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Nike, Inc. The company takes its name from Nike , the Greek goddess of victory. Nike sponsors many high-profile athletes and sports teams around the world, with the highly recognized trademarks of " Just Do It " and the Swoosh logo. As of , it employed 76, people worldwide. According to Otis Davis , a University of Oregon student-athlete coached by Bowerman and Olympic gold medalist at the Summer Olympics , his coach made the first pair of Nike shoes for him, contradicting a claim that they were made for Phil Knight. I don't care what all the billionaires say.

Phil knight wikipedia

In , the man whom The Sporting News voted "the most powerful person in sports" wasn't an athlete, a manager or a team owner. He was Philip H. Knight, the dynamic iconoclast who for nearly 30 years has shod the feet of sports legends and "weekend warriors" alike. In less than a decade, his marketing savvy and uncompromising competitiveness had transformed the athletic-shoe industry and made Nike one of the most successful and widely recognized brand names in the world. Knight first came up with the blueprint for what would become the world's No. Assigned to write a term paper on starting a small business in an area he knew well, the former University of Oregon track star naturally chose running. He outlined a plan for breaking the stranglehold Adidas had on the running-shoe market by using cheap Japanese labor to manufacture a cheaper, better-quality running shoe. Shortly after graduating in , Knight decided to put his plan into action. He flew to Japan to visit Onitsuka Tiger Co. Introducing himself as the head of Blue Ribbon Sports, a company which existed only in his mind, Knight told Tiger executives that his firm was the ideal choice to import their shoes into the United States. He convinced Tiger to send him some samples, promising to place an order after his "partners" examined them.

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Career: Blue Ribbon Sports, —, chief executive officer; Portland State University, —, assistant professor of business administration; Nike, —, chairman and chief executive officer. Knight began selling track shoes out of the trunk of his car. Forty years later he presided over the largest and most visible athletic apparel company in the world. From to Knight and his former track coach, Bill Bowerman, distributed Japanese-made running shoes in America and gradually laid the foundation for the Nike empire. By the late s, the Nike "swoosh" trademark had become ubiquitous, and Knight was well on his way toward managing a multibillion-dollar company. Three events shaped Knight's future as the leader of Nike.

Phil Knight, former chair and CEO of Nike, tells the story of starting the sports apparel and equipment giant after taking an entrepreneurship class at Stanford and teaming up with Phil Knight, former chair and CEO of Nike, tells the story of starting the sports apparel and equipment giant after taking an entrepreneurship class at Stanford and teaming up with his former track coach, Bill Bowerman. Together and with the help of a waffle iron they changed how running shoes are designed and made. Download this podcast. One morning, co-founder Bill Bowerman had waffles for breakfast. He started looking at their blocky texture, and realized the same shape would give a running shoe better traction. He used his own waffle iron and some rubber to create a prototype. It ruined the waffle iron, but everything else worked out pretty well. Today, that waffle iron is at company headquarters, and the sports apparel and equipment maker has more than seventy thousand employees and brings in tens of billions of dollars in annual revenue. The other company co-founder, Phil Knight, wrote it.

Phil knight wikipedia

Rubber-soled shoes were first mass-marketed as canvas top "sneakers" by U. But the elevation of athletic shoe manufacturing to both a science and a fashion was largely due to Phil Knight and Bill Bowerman of Oregon. In , Phil Knight, a business major at the University of Oregon and a miler on the track team, shared with his coach, Bill Bowerman, a dissatisfaction with the clumsiness of American running shoes. They formed a company in to market a lighter and more comfortable shoe designed by Bowerman. At first, Knight and Bowerman sold their shoes in person, at track meets across the Western U. Their company thrived through a classic combination of entrepreneurship and innovation. Bowerman's most memorable technical breakthrough was the optimal traction of the waffle soles that he invented by shaping rubber in the waffle iron in his kitchen in

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Eugene Weekly. Retrieved May 1, Retrieved March 22, August 7, Brooklyn, NY: Melville House. As the company struggled to grow, Knight worked as a certified public accountant and taught at Portland State University. Read Edit View history. Nike experienced continued success throughout the early s, thanks mostly to the tremendous sales of its Air Jordan line. In other projects. Knight's son, Matthew, died in a scuba diving accident in El Salvador in Shoe Dog A memoir by the creator of Nike. In June , Nike signed an 8-year deal with the NBA to become the official uniform supplier for the league, beginning with the —18 season. Retrieved August 23,

The Nike founder is portrayed by Ben Affleck in the new sports drama Air.

January 4, Back in the United States, Knight borrowed money from his father to pay for the samples, and he sent a few pairs to his former University of Oregon coach, Bill Bowerman, who quickly became his partner. Since , Nike has worked on its Reuse-A-Shoe program. Nike shares NKE rose 0. Female suits Bodyskin Kneeskin Racerback One-piece swimsuit. Here's How. Athletic shoe brands. Nike has acquired and sold several apparel and footwear companies over the course of its history. Butterfly Kettler Killerspin Stiga Sports. During transportation most of the vehicles that are used are using diesel or fuel oil. The Sunday Times.