Nike History Research Paper

Superior Essays
Nike History “We wanted Nike to be the world's best sports and fitness company. Once you say that, you have a focus. You don't end up making wing tips or sponsoring the next Rolling Stones world tour.” -Phil Knight ("Phil Knight Quotes") Nike, a popular athletic shoe company, began small and slowly grew. The progression of shoes has definitely changed over the years and is still proceeding to do so. Nike is a well established shoe company; and the origin and advancement of their shoes brought forth this dynasty. Nike is the winged, Greek goddess of victory. As the Greeks would go into battle they said, “When we go to battle and win, we say it is Nike” ("Nike History and Timeline"). This name became the most acknowledged brand name in today’s …show more content…
There he visited a sports goods store with the shoe brand “Tiger,” manufactured by Onitsuka. He then went to the town of Kobe to meet with the manufacturers of Tiger shoes, and agreed on letting him sell their shoes at a retail price. When they asked him for the name of his business, he quickly thought of the name, “Blue Ribbon Sports,” (Hays, 5). And the rest was up to him to fill out his job for the operation. Knight’s operation was based on small-time deals, but he wanted to do more than selling shoes at local track meets. He wanted someone to endorse his business. He found Jeffrey Owen Johnson, a middle distance runner, who ended his career after he tore a tendon in his leg (Hays, 7). Blue Ribbon Sports grew popular in 1965 when Knight’s operation was endorsed by him and Johnson helped get profit of $3,200, and $20,000 worth of shoes (Hays, 7). He proceeds to help promote Blue Ribbon …show more content…
Early on he endorsed a man named Steve Prefontaine, who was the first spokesman for Knight and Bowerman’s shoes. In 1975, Nike sponsored several of the top NBA players, including Elvin Hayes, Spencer Haywood, and Rudy Tomjanovich (Hays, 23). Each player received $2,000 and a small share of the company’s proceeds from profits on Nike’s basketball shoes (Hays, 23). This was the beginning of Nike’s basketball endorsements, now they sponsor big-time names including: Kobe Bryant, Lebron James, and Kevin Durant. Nike also sponsored John McEnroe for $25,000 (Hays, 23). He was the top tennis money-maker at the time and also received the nickname “Super Brat.” He argued with umpires and officials and threw tantrums on the court. But whether people liked his acts or hated them, they always wanted to see him play tennis which helped promote Nike. In 1984, Nike signed Michael Jordan, a basketball player from the Chicago Bulls who is now recognized as the best basketball player of all time (Hays, 26). Michael then led on to make his own with the help of Nike, otherly known as Jordan. Jordan apparel is widely worn by many people today and shoes of Jordan have become really collectable over the years due to the popularity when Michael

Related Documents

  • Superior Essays

    Three things come to mind when one thinks of Nike: the three lettered quote “Just Do It” stamped in bright yellow across their t-shirts, the simple yet very recognizable swoosh symbol, and the fact that the multi billion-dollar brand advertises and represents all of the latest and greatest athletes. Phil Knight, the co-founder of Nike, is behind all of this publicity and fame that we see almost everywhere. Believed to be the 20th century version of John D. Rockefeller, Knight’s actions can easily be compared and contrasted to the capitalist techniques of that infamous Robber Baron. These two men shared very similar characteristics that included: ambition, risk taking, and greed. No matter if it is shoes or oil, achieving success in any industry…

    • 1033 Words
    • 4 Pages
    Superior Essays
  • Improved Essays

    The shoe “Air Jordan” was created by a former NBA basketball all-star that can be argued to be the best player of all time. His name was Michael Jordan. Jordan made his very first shoe in early 1985. Still one of the best shoes for basketball and every day shoes. This basketball shoe was made for basketball players in the 1980's for kids and adults to wear during basketball games/practices around the world, it makes nearly 100 million dollars from Nike and other buyers for their amazing new shoe.…

    • 627 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Nike was brought into the spotlight during a 48 Hours special on CBS that aired in 1996 (Boycott, 1996). During this interview Roberta Baskisn was reporting the story and traveled to Vietnam to get answers about the rising concerns with Nike and sweatshops. In Vietnam Roberta interviewed first hand the workers in the sweatshops and heard stories of the events that took place. The Vietnam sweatshop workers were treated unfairly, and underpaid. As mentioned in the interview, “…they work six days a week for only $40 month, just 20 cents an hour”(Boycott, 1996).…

    • 617 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    enhance their Nike+ app through the created “Apple Watch NikeLab” and many other digital device companies as well. The Jordan Brand, produces its licensed casual and athletic apparel, footwear and accessories with the focus on basketball. This brand is so monumental that it is in its own reporting category within the NIKE Brand. Jordan will continue to sell no matter what due to the publicity it has gained since the day it was banned from the NBA.…

    • 488 Words
    • 2 Pages
    Improved Essays
  • Decent Essays

    The Interesting life of Nike Nike is the goddess of victory, speed, and strength. Nike is a very unique individual and she has a lot of powers. She can race and fly at a great speed. Nike’s function was to reward the victors in battlefields. Nike was known as the goddess of victory, regarded as the goddess of strength and speed, and is represented by several symbols that are well known today.…

    • 397 Words
    • 2 Pages
    Decent Essays
  • Improved Essays

    Nike Commercial Analysis

    • 732 Words
    • 3 Pages

    When we see the traditional Nike commercial, we usually get the sense that it always tries to sell you something to you. But this one is different. It brings you through the day in a life of a championship skateboarder, named Paul Rodriguez. Nike made this commercial relateable to every skateboarder and other athletes as well. Through the use of visual appeals, elements of design, and relationship to others.…

    • 732 Words
    • 3 Pages
    Improved Essays
  • Decent Essays

    “In The News” Assignment Nike is one of the most powerful athletic companies in the world. They have created a mass amount of income through out the years of being in the business of sports apparel. They have more than thousands of stores worldwide. They are highly know for having the newest and most reliable technology for the creation of their products.…

    • 470 Words
    • 2 Pages
    Decent Essays
  • Improved Essays

    Nike Private Sector Essay

    • 3327 Words
    • 14 Pages

    Nike is a multination corporation founded in 1964 which sells sportswear. By increasing sales of products over competitors, via the provision of quality products or reducing prices of a product or offering rewards for using their business they are likely to increase their market share. As an example to get repeat purchases Nike will have to supply a reliable product of good quality such as the ‘Air Max shoe’. These products created by Nike need to be off good quality so that people keep buying new or existing products. Public Sector:…

    • 3327 Words
    • 14 Pages
    Improved Essays
  • Superior Essays

    “Jordan’s extraordinary basketball skills translated into very lucrative product endorsements. Jordan endorsed numerous commercial products for big-name brands, including Nike, Hanes, Wheaties, Coca-Cola, Chevrolet, and McDonald’s. The Air Jordan shoe line revived Nike’s sneaker sales. These products netted millions annually in sales and made Jordan a global advertising…

    • 1029 Words
    • 5 Pages
    Superior Essays
  • Improved Essays

    *”If you haive a body, you are an athlete.” Nike Company’s lays a lot of strategies to aim their immediate users, athletes and all sportsmen. These targeting techniques include product sponsorship by professional and well known athletic team, college sports team as well as celebrity athletes. This marketing strategy of Nike is particularly successful as of its capability to reach many athletes.…

    • 884 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    Nike Stakeholder Analysis

    • 1018 Words
    • 5 Pages

    The company that i will be talking about is nike, i will talk about its description, the stakeholder model, the external factors, internal factors and the closing remarks. All this factor are what makes a company successful, without any of this a company nothing. But the most important parts that i will talk about are the stakeholders model and the external factors. NIKE, Inc. engages in the design, development, marketing, and sale of sports and lifestyle footwear, apparel, and equipment, accessories and services. there athletic footwear products are mostly designed for specific athletic use, But most of the people use their products for casual or leisure purposes.…

    • 1018 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    Lebron James Advertising

    • 1291 Words
    • 6 Pages

    Are You A Witness? The first Nike shoe was designed with a waffle maker in 1971. The purpose behind the idea was to create a shoe with more traction for the runners that wear the shoe. Nike has grown from being a distributor for a Japanese shoe company, to a designing its own shoe with a waffle maker, to becoming multi-billion dollar athletic wear company.…

    • 1291 Words
    • 6 Pages
    Improved Essays
  • Superior Essays

    The company’s focus and vision is to first and foremost “serve the athlete” by providing superior products to the athletes. Nike, Inc. markets these products with intense focus on what an athlete desires, also a product that would suit the general population. The company recognizes that innovation will be what spurs the shift to sustainability. Nike, Inc. have developed three objectives that fall in line with their mission statement; Innovation to serve the athlete, innovation to grow the company and innovation to inspire the…

    • 1835 Words
    • 8 Pages
    Superior Essays
  • Improved Essays

    The essay finishes with the conclusion paragraph and the references. Nike Inc. is one of the most popular brand in the world in terms of designing, marketing, distributing shoes, accessories for various of sports and fitness activities. It was founded in 1964 as Blue Ribbon Sports (BRS) and became Nike Inc. in 1978. On the one hand, there are numerous factors that contribute to the success of Nike as an industry leader for a long time and the most importance one is quality of product.…

    • 935 Words
    • 4 Pages
    Improved Essays
  • Great Essays

    What Is Nike?

    • 2376 Words
    • 10 Pages

    INTRODUCTION Company Profile: Nike, Inc. or Nike as it is known worldwide is an American multinational corporation that was founded 52 years ago by Bill Bowerman and Phil Knight. The company was launched with the name of Blue Ribbon Sports and was renamed as Nike, Inc. in the year 1971. The name of the company was changed to opt for a name that was more powerful and appealing. The name Nike was chosen from the name of a Greek goddess of victory. The company has products under its own brand name as well as many others.…

    • 2376 Words
    • 10 Pages
    Great Essays