Preview

Phil Knight's Running Shoes

Better Essays
Open Document
Open Document
1231 Words
Grammar
Grammar
Plagiarism
Plagiarism
Writing
Writing
Score
Score
Phil Knight's Running Shoes
In the mid 1900’s, there were not very many shoe stores that sold excellent running shoes. Phil Knight and his running coach, Bill Bowerman, changed the way people ran by selling shoes out the back of Knight’s car. Knight wanted people to be able to have a comfortable running shoe for a good price. Knight and Bowerman joined together to create a shoe company called Nike. Phil Knight was born February 24, 1938 and is the son of a prestigious lawyer and newspaper publisher William Knight and his wife Lota. Knight’s father was a someone pushed Phil Knight and wanted him to be the best he can be. His father wanted his son to grow up and be able to thrive in the growing world. At a young age, Knight loved to run when he was young and was always a key athlete on the track team. He attended Cleveland High School in Portland, Oregon and was at the top of his class. Knight always did what his dad wanted him too, so …show more content…
In high school and college, Knight wanted better shoes and knows how it feels to not have good running shoes. So he wanted to give back to the athletes that did not have good running shoes. Bowerman decided to use a waffle maker to make Nike’s first running shoes because it allowed the runner to have flexibility and traction on the track. After getting into the high rankings of running shoes, Knight and Bowerman debuted the Cortez, a running shoe, at the 1972 Olympics. Doing this made, the profit of the shoe rose quickly and they started to sell thousands. Knight would have athletes wear his shoes so they could influence other athletes to wear them also. In the next couple of year's, Nike grew and were selling one-half of the athletic shoe market. Knight made an endorsement deal with John McEnroe, a pro tennis player. After McEnroe rolled his ankle in a tennis match, he started to wear a Nike tennis shoe model and once he did that, everyone wanted to purchase a

You May Also Find These Documents Helpful

  • Satisfactory Essays

    Phil Knight went from being an average cross country runner at the University of Oregon to becoming a multi billionaire. It didn't happen overnight or even in a year. Running was Phil Knights passion. But he was tired of his feet hurting from cheap American shoes. So he began testing different shoes while running cross country for the University of Oregon. After he had tested many different pairs of running shoes he decided that he could make a running shoe that was more comfortable and not too expensive.…

    • 290 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    In 1972 Knight created Nike and paid a college student $35 to design a logo for his new company. Nike became increasingly popular and was at the top of the sneaker game in 1990 when many forms of controversy and some questions of Knights character arose. Nike was able to get through the controversy and remain at the top of athletic footwear and Phil Knight was named the “most powerful” person in sports in 1993. The controversy continued to attract itself to Nike and as the founder and CEO many scrutinized the way Knight handled himself and the company in those situations. Phil Knight is one of the most successful self made billionaires in history but many dispute whether or not he is one of the best business leaders of a…

    • 596 Words
    • 3 Pages
    Good Essays
  • Good Essays

    After Bill approached Phil Knight wanting to make a lighter running shoe they designed the ‘Tiger.’ Going on to sell $8000 worth of ‘Tiger’s, together the Bill-Phil partnership started Nike. The Tiger was the most durable and light running shoe of its time. First being sold from the back of a car at Oregon University during track events. Considering the weight and durability, the ‘Tiger’ was a comfortable shoe with gas-filled membranes. The Nike shoe gave athletes the edge they wanted and began to explode in sales.…

    • 670 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Who Is Philip Knight?

    • 757 Words
    • 4 Pages

    He outlined a plan for breaking the records Adidas had on the running-shoe market by using cheap Japanese labor to make a cheaper, better-quality running shoe. In 1964 Knight and his former track coach, Bill Bowerman, each invested $500 to start Blue Ribbon Sports, which was the start of Nike. They had both shown dissatisfaction with running shoes and decided to try to improve on shoe design. In 1972 the first shoe to appear under the Nike brand, The Cortez, came about.…

    • 757 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Philip Knight Nike

    • 1837 Words
    • 8 Pages

    Philip Knight is the chairman, CEO, and co-founder of Nike and he currently owns more than 90% of the firm. The company is internationally known for its trademark "swoosh" and its leadership in the athletic apparel industry. Philip H. Knight 's involvement with a sporting goods company is not accidental. He has always loved running, was a miler in college and has participated in marathons since. Knight received a BBA in Accounting at the University of Oregon in 1959, and was an MBA student at Stanford University. The revolution of the sports clothing industry began in 1964, when Knight and his partner, coach Bob Bowerman, began to import Japanese shoes and sell them to local track runners, under the company name Blue Ribbon Sports.…

    • 1837 Words
    • 8 Pages
    Good Essays
  • Good Essays

    . Knight has an absolutely clear and committed strategy to celebrity athlete endorsement. He describes it as one part of the "three-legged stool" which lies behind Nike's phenomenal growth since the early 1980s, with the other two being product design and advertising.…

    • 512 Words
    • 3 Pages
    Good Essays
  • Good Essays

    On January 25, 1964, Bill Bowerman and Phil Knight founded “Blue Ribbon Sports.” Mr. Bowerman and Mr. Knight officially changed the name of their company “Blue Ribbon Sports”, to Nike, Inc. on May 30, 1971. It started out as the two of them selling running shoes from a Japanese manufacturer out of the back of their van. They would park their van outside of track meets and try to sell their running shoes to the athletes. Nike is now headquartered in Beaverton, Oregon. To think that Nike came all the way from selling running shoes out of a van shows how far they have come as a company. This shows what Nike’s effective marketing and advertising strategies, quality products, and successful financial plan was able to let them do throughout…

    • 470 Words
    • 2 Pages
    Good Essays
  • Good Essays

    Kasean Wiley Nike Speech

    • 1026 Words
    • 4 Pages

    ST2: While at Stanford, Knight built a relationship with a manufacturing company in Japan to send him sample shoes to sell in the United States. When Knight received the shoes, He sent them to his old track coach at Oregon looking to make a sale, but his coach suggested they go into business together.…

    • 1026 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Air Jordans

    • 1081 Words
    • 5 Pages

    In 1984, Peter Moore, an employee at Nike was the guy responsible for designing the first pair of Air Jordan’s; a sneaker that would end up changing the entire shoe industry. With a plan for success in mind, Moore made a deal with a Chicago Bulls rookie, Michael Jordan to endorse a new type of sneaker during each game. “The Air Jordan I had a price tag of $65, which made it the most expensive basketball shoe on the market. These shoes featured the iconic Nike Swoosh on the mid panel and a newly designed winged logo on the upper ankle. The Air Jordan I featured a Nike Air unit for heel cushioning, padded foam ankle collars for additional protection and a toe overlay for added lockdown” (“History of Air Jordan”, 2000). With a red, black, and white color scheme to match Jordan’s uniform, the high-top basketball sneaker stood out on the court.…

    • 1081 Words
    • 5 Pages
    Good Essays
  • Powerful Essays

    Nike Analysis

    • 1992 Words
    • 8 Pages

    Nike Corporation has become one of the most competitive sports and fitness companies worldwide. Two runners, Bill Bowerman and Phil Knight, from a small town in Oregon embarked upon the business with a handshake agreement. The enterprise began in January of 1964 with the introduction of Blue Ribbon Sports. In 1966 the handshake between Bowerman and Knight was made official with a formal written partnership. While the company was still young there were others who were imperative participants in the growth of the corporation. Jeff Johnson became Blue Ribbon Sports’ first full time employee in 1965. Johnson sold shoes out of the back of his van at high school track meets.…

    • 1992 Words
    • 8 Pages
    Powerful Essays
  • Good Essays

    Nike is a huge supplier if athletic shoes for the world these days. Philip H. Knight, the founder of this corporation came up with an idea of an athletic shoe at the track field of the University of Oregon.…

    • 611 Words
    • 3 Pages
    Good Essays
  • Good Essays

    Nike Informative Speech

    • 1026 Words
    • 5 Pages

    I. Main point: The foundation of Nike was built through the relationship of Phil Knight, a track and field athlete and his former coach Bill Bowerman of the University of Oregon.…

    • 1026 Words
    • 5 Pages
    Good Essays
  • Satisfactory Essays

    Informative Speech

    • 307 Words
    • 2 Pages

    The foundation of Nike was built through the relationship of Phil Knight, a track and field athlete and his former coach Bill Bowerman of the University of Oregon.…

    • 307 Words
    • 2 Pages
    Satisfactory Essays
  • Good Essays

    Nike Case Study

    • 947 Words
    • 4 Pages

    Nike’s mission statement is the following: “to bring inspiration and innovation to every athlete in the world”. ("Nike, inc. history," ) From the very start Bowerman and Knight sought out different ways to provide the most comfort and give the ultimate competitive advantage for the runners wearing their shoes. Knight constantly dissected the Tiger…

    • 947 Words
    • 4 Pages
    Good Essays
  • Good Essays

    Nike hit the ground running in 1962. Originally known as Blue Ribbon Sports, the company focused on providing high-quality running shoes designed especially for athletes by athletes. Founder Philip Knight believed that high-tech shoes for runners could be manufactured at competitive prices if imported from abroad. The company’s commitment to designing innovative footwear for serious athletes helped it build a cult following among American consumers. By 1980, Nike had become the number-one athletic shoe company in the United States.…

    • 441 Words
    • 2 Pages
    Good Essays