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First Nike shoe was made
The company was first formed in that time. The company gets the name from Nike, the greek goddess of victory. This is what started the company. -
Late 70's they got up to 270 million dollars in sales
Nike went from 10 million dollars in sales to 270 million dollars in sales. This is a huge jump for Nike and things are starting to look very good for them. -
The Waffle Trainer.
The Waffle Trainer is introduced and it becomes the number 1 selling shoe in the U.S. This shoe was so popular and so many people started to wear them. -
Nike came out with a big ad.
The big ad that they came out with was "there is no finish line". This was before the "just do it' slogan but both of them now are used. -
Nike signs Michael Jordan
Michael jordan signed with Nike for an endorsement contract and came up with the shoe Air Jordan. He was one of the best players in the NBA and he made Nike and Jordan a lot of money off of his shoes. -
1 billion
Corporate revenues 1 billion for the first time. This is so huge for Nike. This puts them on the top of she companys and it shows how much they have grown. -
"Just Do It"
In 1988 Nike finally launches "Just Do It" slogan. This is the slogan that is used today. -
Bill Bowerman dies
One of the co. founders of Nike, Bill Bowerman dies at the age of 88. He was a huge part of Nike and he helped start it. -
Phil Knight steps down
Phil Knight steps down as CEO and President of Nike, but continues as chairman. He is then replaced with William D. Perez. -
13.74 Billion
Nike hits 13.74 billion iin 2005. They are now the biggest shoe company.
