Nike is the largest sports apparel company in the world with $37.4 billion in annual revenue. Founded in 1964 by Phil Knight and Bill Bowerman as Blue Ribbon Sports, importing shoes from Japan for sale in the US, Nike grew rapidly in the 1990s. Nike's vision is to inspire and innovate for every athlete in the world. Its success is attributed to high quality products and exemplary marketing strategies, in addition to associating with athletes.
Nike is the largest sports apparel company in the world with $37.4 billion in annual revenue. Founded in 1964 by Phil Knight and Bill Bowerman as Blue Ribbon Sports, importing shoes from Japan for sale in the US, Nike grew rapidly in the 1990s. Nike's vision is to inspire and innovate for every athlete in the world. Its success is attributed to high quality products and exemplary marketing strategies, in addition to associating with athletes.
Nike is the largest sports apparel company in the world with $37.4 billion in annual revenue. Founded in 1964 by Phil Knight and Bill Bowerman as Blue Ribbon Sports, importing shoes from Japan for sale in the US, Nike grew rapidly in the 1990s. Nike's vision is to inspire and innovate for every athlete in the world. Its success is attributed to high quality products and exemplary marketing strategies, in addition to associating with athletes.
Submitted by: Group 3 NIKE Introduction to NIKE Organizational Identity Nike Inc is a global organization that functions in the Sports Apparel Industry headquartered in Oregon, US.
At the Apex of Sports Apparel Industry
Nike leads the industry by a huge margin having revenue of 37.4 Billion USD, far ahead of the competitors.
What sets it apart?
In addition to high quality products, what sets NIKE apart is its exemplary marketing strategies and athletic association Company History • Started in 1964 by Phil Knight and Bill Bowerman
• Initially known as Blue Ribbon Sports
• The business model was based on importing
shoes from Japan and selling them in the US.
• 90s were a period of rapid growth for NIKE
COMPANY VISION
Bring Inspiration And
Innovation To Every Athlete* In The World (*If You Have A Body, You Are An Athlete) Key Takeaways 1. Company founders establish the company culture 2. Foresight is a necessary pre-requisite for success 3. Product Marketing has to be just as comprehensive as manufacturing