Nike

By 43qr

  • Creating of Nike

    Creating of Nike
    creation of Blue Ribbon because Bill Bowerman wanted to create lightweight running shoes to give his athletes an edge. Then he partnered with Phill Knight they contributed $500 each and manufactured 330 pairs of shoes.

  • First shop

    First shop
    They opened a retail shop called Blue Ribbon Sports so they could sell to people their success allowed them to make the Nike brand shoes later on.

  • First shoe

    First shoe
    They launched a Nike brand shoe which made them more successful and they opened more shops called Nike.
    In 1972 their earliest shoe was called the moon shoe and people wanted running shoes so people bought them and they would make more because people liked them.

  • First store overseas

    First store overseas
    When they opened their first store in Taiwan in 1975 they could sell all over the world which would make them more successful and their company grow.

  • partnership

    partnership
    From the late 1980s, Nike steadily expanded its business and diversified its product line through numerous acquisitions, including the shoe companies Cole Haan in 1988.
    In 1984 air jordans partnership with Michael Jordan to create basketball shoes for people and to have his own brand.

  • Nike zoom

    Nike zoom
    In 2008 Nike Zoom KD 1 shoes partnership with Kevin Durant to make basketball shoes which made sales go up and make more.
    2008, revenues grew 14 percent to $18.6 billion, compared to $16.3 billion last year.
    Today its value is approximately 32.4 billion U.S. dollars.