Nike is one of the world’s most popular retailers of athletic clothing and footwear, but there are many things about the company which the average person doesn’t know.
Despite most of the Western population owning at least one item made by Nike, there are many interesting facts that are relatively unknown.
It was founded on January 25th, 1964, by Bill Bowerman and Phil Knight.
The headquarters are based in Washington County, Oregon, USA.
Many hardcore fans of the brand mispronounce the name “Nike.” It is correctly pronounced “ny-kee,” and the name comes from the Greek goddess of victory.
The famous Nike logo, a solid swoosh, was designed for just $35 by Carolyn Davidson, a student at Portland State University. Later on, she was given more than $640,000 worth of Nike products.
The slogan “Just Do It,” which is now recognized all over the world, was inspired by Gary Gilmore’s last words. The serial killer said, “Let’s do it,” before he was executed.
Nike sells footwear, clothing, and sports accessories in thousands of stores worldwide. More than 900 million items are sold annually.
Over the years, Nike has made some award-winning commercials, and in 2000 and again in 2002, the company won an Emmy award.
One of Nike’s most recent innovations is a shoe that can be electronically paired with a smartphone. The footwear contains a computing device embedded in it and can be connected to the smartphone of whoever is wearing the shoes.
Across the market for athletic shoes, Nike takes up approximately 62%, making it the most popular brand for sporting footwear.
Nike doesn’t only design shoes for regular everyday wear. Tinker Hatfield, shoe designer for Nike, created the Bat Boot for the first Batman movie. Additionally, the hoverboarding shoes worn by Michael J. Fox in Back to the Future: Part II were designed by Nike.
The largest Nike store is on Oxford Street in London and is 42,000 square feet.
The very first pair of shoes was made using a waffle iron, which created grooves on the soles. These grooves helped the shoes grip the surface of running tracks when athletes wore them.
In 1978, Nike created a new advert for their Air Max shoes, and for the first time ever, a Beatles song was used in a commercial. The song that was chosen for the ad was Revolution No. 9.
When the company first started, it was called Blue Ribbon Sports. In 1971, the name was changed to Nike.
Phil Knight, one of the co-founders, wanted to change the name to “Dimension 6,” but Nike was ultimately preferred of the two potential names.
As of 2015, there were more than 62,000 employees working for Nike across the globe.
Nike products are made in factories that aren’t actually owned by the company itself. Instead, contractors own the factories, and Nike pays them to produce the goods.
The Air Jordan 1 was made famous by basketball player Michael Jordan; however, when he first saw the shoes, Jordan hated the colors red and black.
Shaquille Rashaun O’Neal, also known as Shaq, went to meet the Nike owners dressed entirely in Reebok apparel because he knew he didn’t want to sign any contracts with Nike.
Romanian tennis player Ilie Nastase endorsed Nike in 1972 after signing a contract with the company. He was the first athlete to promote Nike.
In 2003, the popular footwear store Foot Locker ceased to stock Nike’s more expensive ranges because it believed the prices were too high.
Zoom Air, one of Nike’s most popular shoes, was introduced to the market in 1995 but was first known as Tensile Air.
Phil Knight was writing one of his college papers when he decided to start his own shoe company. He believed shoes made in Japan could compete with the popular sports companies of the time, such as Adidas.
Nike heavily supports the University of Oregon and their sports teams, providing them with exclusive apparel and funding.
Nike footwear is mainly manufactured in China, Indonesia, and Vietnam, but many of the shoes have also been made in the USA.
Nike Golf, which is a branch of the Nike company, was started in 1984 by Bill Wood; however, it only truly gained popularity when Tiger Woods was signed in 1996.
Many of the names of Nike’s products have been taken from a sports team. For example, “Columbia Blue” is named after the “Columbia Lions,” a team that has a blue logo.
After Nike displayed shirts in the window of a Boston store with text such as “Get High,” Boston Mayor Thomas Menino criticized the company.
The company constantly tries to introduce new ideas to the market. In 1991, they released denim acid-wash golf shorts, which were not hugely popular.
The very popular LiveStrong bracelet was first seen in 2008; however, Phil Knight was not convinced of the idea and even laughed at it during an interview with Oprah.