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Who are the founders of the Nike company?
Founded under a partnership in 1962 by Phil knight and bill bowerman the Nike Company was initially known as the “blue ribbon sports.” Then the company’s ultimate goal was to supply to the American consumers high quality and low cost Japanese sports shoes’ as to break Germany’s monopoly in that industry.
Why is Nike important to the sports industry?
Nike as a brand plays a key role in today’s sports and athletics apparel and equipment industry. Since Phil Knight and Bill Bowerman established the company under a partnership in the year 1962, it has progressed a lot.
Which is the largest target market for Nike?
Since Nike is a global sports brand its largest target market are the young people or the youth since they interact very well with the brand and they are the major consumers of the company’s products (Park, 1994)..
Which is the best description of the Nike brand?
Nikes corporate branding is at the frontier in its brand identification ever since the emergence of Nikes’ first slogan and tag line “just do it” the company nurtured some common standards which are associated with the Olympics and sports outdoing ones’ accomplishments, determination and competition.
Last Update: Oct 2021
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