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phil knight background

Major sports stars demanded major compensation for wearing Knight's brand. It is a reputation Knight has "Hi, I'm Phil Knight and I don't believe in advertising," was the way Nike's ad agency president remembered meeting his new client. ", By the mid-1970s Nike was at the cutting edge of workout-shoe technology. By 1980 Nike had captured one-half of the athletic shoe market and The third event occurred in 1963 when Knight traveled to Japan When Knight, in trying to As Nike's market share grew throughout the 1980s and 1990s, so did U.S. News & World Report, September 22, 1997, p. 48. It won a lawsuit in early 1999 that had accused the firm of lying to consumers about "sweatshop" conditions in Asian factories. In fact, the notion of aerobics was laughed away as just the conceit of "a bunch of fat ladies dancing to music," as Hauser quoted in the People article. 48–53. business dedicated to those two things. Blue Ribbon Sports employee, literally dreamed up the Nike name. Sports management was born after Knight caught Nike endorser Andre Agassi in a commercial for Canon cameras. All Rights Reserved. struggled to grow, Knight worked as a certified public accountant and For his part, Knight was the only CEO to agree to appear in the Moore film. shoe company, Knight streamlined the Nike campus in Beaverton, Oregon, and ", "In the early days, anybody with a glue pot and a pair of scissors could get into the shoe business," Knight told Geraldine Willigan in a Harvard Business Review interview. Family: Married Penny (maiden name unknown), 1968; children: two. public criticism of the company's business strategies. Rather, it was the man who for nearly 30 years has shod the great sports stars as well as the Saturday-afternoon "jocks"-Nike founder and CEO Philip "Phil" Knight. From 1964 to 1972 Knight Stanford University. soccer apparel, opened huge Niketown stores in shopping malls, and , March 30 1998, pp. An early effort to promote the newly dubbed "Nike"-pronounced NY-kee and named for the Greek goddess of victory-included a now-classic advertisement set at the 1972 Olympic track trials in Eugene, Oregon. Moore addressed the issue of how Nike treats its workers and requested jobs for people in his depressed hometown of Flint, Michigan. In 1978 Nike approached the tennis star John McEnroe and For instance, it was Bowerman, the former track coach, who poured some liquid latex into his wife's waffle iron, thereby inventing the famous sole that made the earliest Nikes feel like bedroom slippers. Phil Knight is also a well-known entrepreneur and has contributed close to $230 million to the University of Oregon, where he is also a Hall of Fame member. (Dream Team member Barkley ably summed up the controversy, said Katz in Sports Illustrated, when he told a reporter that he had "two million reasons not to wear Reebok. Phil Knight (born 1938) is the founder and head of Nike, Inc., the number one athletic shoe company in the world. selling shoes to track athletes, Bowerman became his partner. company began to assemble employees who would later take on key roles at Some American women's groups, protested that female employees-the bulk of Nike's Asian work force-were still working 100 to 200 hours overtime at Nike just to pay their bills. Business Weekly Awards: Most Powerful Man in Sports, … A country like Indonesia is converting from farm labor to semiskilled-an industrial transition that has occurred throughout history. Bowerman was a former Olympian whose passion for The man whom The Sporting News named the "most powerful" person of the year in sports for 1993 was no athlete, coach, or commissioner. needs of athletes. taught at Portland State University. Knight noted that a number of policies were going to be implemented in their production facilities, including raising the working age to 16 at clothing factories and 18 at shoe factories; using safer, non-toxic glues when possible; adopting stricter, U.S.-dictated air quality standards; instituting on-site education programs, and more.

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, Owner: Christian Tömmel (Registered business address: Germany), processes personal data only to the extent strictly necessary for the operation of this website. All details in the privacy policy.