The History Of Nike Inc. Nike (originally known as Blue Ribbon Sports)‚ was founded by University of Oregon track athlete Phil Knight and his coach Bill Bowerman in January 1964 (Yahoo finance NKE profile page as of Jan. 2 2008). The company initially operated as a distributor for Japanese shoe maker Onitsuka Tiger‚ making most sales at track meets out of Knight’s car. Many top Oregon runners began wearing the shoes‚ and the shoe’s popularity grew quickly because of Kennan Meyer. The company’s first
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NIKE INC. 1. HISTORY 1960s Bill Bowerman and Phil Knight founded Nike Inc. as Blue Ribbon Sports with a handshake and only $1‚000 in capital in 1964. The partners first began their relationship at the University of Oregon where Bowerman was Knight’s track and field coach. While attending Stanford University‚ Knight wrote a paper about breaking Germany’s domination of the U.S. domestic athletic shoe industry by distributing low-cost‚ high-quality Japanese athletic shoes to American consumers.
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NIKE‚ INC COMPANY PROFILE Nike‚ Inc. is the biggest producer of athletic apparel and footwear global by sales. Headquartered in One Bowerman Drive‚ Beaverton‚ USA‚ the company sells products through 346 retail outlets across and 343 stores outside the US with famous brands such as Nike‚ Converse and Umbro over 170 countries. It is employing 34‚400 workers and has been being competed strongly by Adidas and Puma (Nike company website‚ 2010). ok For the last five years‚ Nike’s revenue increased steadily
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company is Nike‚ one of the largest supplier of sportswear which include shoes and apparel. Implementation of CRM programme is a essential for every successful company. Customer Relationship Management is the core business strategy that integrates internal processes and functions and external networks‚ to create and deliver value to targeted customer at a profit. It is based on high quality customer-related data and enabled by information technology. (Buttle‚ 2009) The main reason for Nike to implement
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Nike Inc.‚ Cost of Capital Dr. Romer Finance 3613 By: Joseph White Michael Parker NorthPoint a mutual-fund-management firm is contemplating adding Nike Inc. stocks to its Large-Cap Fund. Kimi Ford a portfolio manager for NorthPoint has developed a discounted-cash-flow forecast to help make the decision. Kimi comes to the conclusion that Nike is overvalued at its current price of $42.09 with a 12 percent cost of capital that she estimated. To determine if her estimation is correct about
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Nike Case Questions 1. In the United States‚ what is Nike’s: a) Brand image‚ and b) sources of brand equity? a) In the United States‚ Nike’s brand image is built on being a high-performance‚ innovative and aggressive brand. The company associates the brand with top athletes through sponsorships. Since inception‚ Nike has placed performance as a top priority for the brand. Through designing high performance shoes and apparel‚ as well as sponsoring high-profile athletes and teams the brand
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Institute of Information Technology (Declared Deemed to be University u/s 3 of UGC Act) A-10‚ Sector 62‚ Noida (UP) India 201 307 www.jbs.ac.in ECONOMICS OF STRATEGY - 13MCEC05 PORTER FIVE FORCE ANALYSIS – TEXTILE INDUSTRY SUBMITED BY Page Submission date – September 13‚ 2013 Word count – 3804 1 Five Forces Analysis Template 1) Factors Affecting Rivalry among Existing Competitors To what extent does pricing rivalry or non-price competition (e.g.‚ advertising) erode the profitability
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summary NIKE‚ Inc. was incorporated in 1968 under the laws of the state of Oregon- USA. A 176 acre facility of 18 buildings as its world headquarters housing 6‚000 employees engaging in management‚ research‚ design‚ development‚ marketing‚ finance‚ and administrative functions from nearly all of its divisions. The principal business activity is the design‚ development and worldwide marketing and selling of high quality footwear‚ apparel‚ equipment‚ and accessory products. NIKE is the largest
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Company Evaluation Project Of Nike Corporation Submitted By: Steven Ritter May 10‚ 2007 Financial Analysis Description of Company History 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
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YOUNG CHAN KIM May 9‚ 2010 Mr. /Mrs. Personnel Manager Nike Sports Korea nikehr@nike.co.kr Dear Mr. /Mrs. Personnel Manager I would like to apply for Sales of the 2010 Nike Summer Internship Program. I saw the public notice that you are looking for people who can contribute‚ grow‚ think‚ dream and create. I am a qualified person whose Nike wants and I enjoy challenges with my passion. I love sport for watching‚ playing and talking. When I was young‚ I played soccer every day‚ also
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