Phil knight biography early childhood
Clark had been a championship runner and had a strong bond with Knight. Nike was accused of paying very low wages to its Asian workers, and there were also accusations of corporal punishment and sexual harassment in Nike facilities.
Joanne Knight, Jeanne Knight. He had served as the chairman and chief executive officer of the company in the past. He had always had an interest in running and was a middle-distance runner at the University of Oregon UO in Eugene where he studied journalism.
As a college student, he was confused about his future and tried his hand working at different jobs before realizing what he actually wanted to do. It was only when he enrolled at the Stanford Graduate School of Business that his life purpose made itself clear to him. While working on a college assignment he came up with the idea for a sports shoe company and realized that he had found his calling.
He teamed up with his former track coach, Bill Bowerman and the duo started out by selling Japanese-made running shoes in America. Eventually their business evolved into what is today one of the most famous brands of sports apparel, Nike.
Pictures Of Phil Knight. Knight, and his wife Lota. His father was a domineering though caring person who encouraged his son to push his limits. He attended Cleveland High School in Portland. In less than a decade, Philip Knight converted a sneaker sales and manufacturing business into an international conglomerate. Nike shoes, equipment, and sports apparel are sold throughout the world and are endorsed by top athletes in virtually every sport.
William Knight was the publisher of the Oregon Journal, a newspaper which has subsequently closed its doors. As a youngster, Philip Knight—nicknamed "Buck"—was too small to compete in contact sports, so instead, he became a runner.
When his father refused to offer him a job at the paper, Knight found work at the opposing paper as a sports scores tabulator. Each day, he ran the seven miles from his job back to his house.
He distinguished himself as a miler, with 4: If Americans become more oriented toward fitness, Knight surmised, a shoemaker could produce an athletic shoe which would find a market with both professional athletes and the public at large. This thesis would ultimately be the blueprint for Nike. During his tenure there, however, he remained interested in athletic shoes.
On September 13,Knight married Penelope Parks; the couple had two sons, Matthew and Travis, and a foster daughter.
How Phil Knight built Nike into one of the biggest brands in the world and became a billionaire
The children are grown and have moved away from home. Knight and his wife live in Oregon, along with numerous pets. He is a Republican and an Episcopalian. Unable to shake his preoccupation with running shoes, Knight finally contacted Bowerman, his former Oregon coach.
The coach had been working for years attempting to develop a running shoe that could compete with those manufactured in Japan.
After some talk, Knight and Bowerman became convinced they would market existing Japanese shoes to American athletes, and undercut the market, which had previously been dominated by European manufacturers, especially Puma and the German-made adidas.
While continuing to work for the accounting firm, Knight and his coach began to pursue their running shoe dream.
Customers began boycotting the brand and protesting outside of its stores, creating a widespread distaste for Nike that lasted nearly a decade. Sales dropped so low that, byNike was forced to start laying off staff.
Once again, Knight — who was CEO at the time — stepped in and made drastic changes to save the brand. Public perception began to turn around, and Nike found itself back on top. After 51 years devoted to Nike, the year-old Knight announced his plans to step down as chairman last month. Business Insider is on Facebook! Recommended For You Powered by Sailthru.
How Phil Knight built Nike into one of the biggest brands in the world and became a billionaire How Phil Knight built Nike into one of the biggest brands in the world and became a billionaire Over the past 51 years, Nike cofounder Phil Birthplace PortlandOR. Age 79 years old. Birthday February Feb 24age Popularity Most Popular Born on February 24