phil knight wikipedia

Phil knight wikipedia

Nike, Inc, phil knight wikipedia. The company takes its name from Nikethe 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.

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.

Phil knight wikipedia

Philip Hampson Knight born February 24, is an American billionaire business magnate who is the co-founder and chairman emeritus of Nike, Inc. He was previously its chairman and CEO. He was part of the track and field club under coach Bill Bowerman at the University of Oregon with whom he would later co-found Nike. According to one source, "When his father refused to give him a summer job at his newspaper [the now defunct Oregon Journal ], believing that his son should find work on his own," Knight "went to the rival Oregonian , where he worked the morning shift tabulating sports scores and every morning ran home the full seven miles. Knight continued his education at the University of Oregon in Eugene , where he ran for the famed Oregon track and field program, was a sports reporter for the Oregon Daily Emerald [9] and was a member of Phi Gamma Delta fraternity. Knight earned a business degree B. As a middle-distance runner at Oregon, his personal best was 1 mile 1. Knight then became an accounting professor at Portland State University. Immediately after graduating from the University of Oregon, Knight enlisted in the Army and served one year on active duty and seven years in the Army Reserve. His ambition was to import high-quality and low-cost running shoes from Japan into the American market. He graduated with a master's degree in business administration from Stanford in Knight set out on a trip around the world after graduation, during which he made a stop in Kobe, Japan , in November

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Philip Hampson Knight born February 24, is an American billionaire business magnate who is the co-founder and chairman emeritus of Nike, Inc. He was previously its chairman and CEO. He was part of the track and field club under coach Bill Bowerman at the University of Oregon with whom he would later co-found Nike. According to one source, "When his father refused to give him a summer job at his newspaper [the now defunct Oregon Journal ], believing that his son should find work on his own," Knight "went to the rival Oregonian , where he worked the morning shift tabulating sports scores and every morning ran home the full seven miles. Knight continued his education at the University of Oregon in Eugene , where he ran for the famed Oregon track and field program, was a sports reporter for the Oregon Daily Emerald [9] and was a member of Phi Gamma Delta fraternity. Knight earned a business degree B. As a middle-distance runner at Oregon, his personal best was 1 mile 1. Knight then became an accounting professor at Portland State University.

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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As of , it employed 76, people worldwide. Archived from the original on June 11, Archived from the original on August 11, ABC news. American billionaire business magnate born Portland, Oregon , U. Toggle limited content width. Brad D. The first Tiger samples would take more than a year to be shipped to Knight; during that time he found a job as an accountant in Portland. Knight talked himself into a distribution contract with the company, and when the executives asked which company he represented, Knight blurted out the first thing to come into his head: Blue Ribbon Sports. Under that bill's terms, Beaverton is specifically barred from forcibly annexing the land that Nike and Columbia Sportswear occupy in Washington County for 35 years, while Electro Scientific Industries and Tektronix receive the same protection for 30 years.

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.

This practice was in place for nearly 20 years. Nike experienced continued success throughout the early s, thanks mostly to the tremendous sales of its Air Jordan line. Nike is said to have presided over history's earliest battlefields as she flew around rewarding the victors with glory and fame, symbolized by a wreath of leaves. Oregon Blue Book. Between and , Nike sales dropped 18 percent. Nike has also been praised for its Nike Grind program, which closes the product lifecycle , by groups such as Climate Counts. The commercial produced to unveil the new line featured the Beatles' song "Revolution. When British shoe manufacturer Reebok pitched their leather shoes as a fashion item for the trendy aerobic workout crowd, they quickly overtook Nike in the top spot. Upon changing its name to Nike, Inc. Article Talk.

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