Founders - Bill Bowerman, Phil Knight- First location - Eugene, OR
The origins of Nike can be traced back to a school paper for a small-business class. Phil Knight was enrolled at the Stanford Graduate School of Business when he got the idea for a Japanese shoe company that manufactured quality products at lower costs than the German brands that dominated the market at the time. The theme of his essay titled "Can Japanese Sports Shoes Do to German Sports Shoes What Japanese Cameras Have Done to German Cameras?" inspired him to found a real-life business in 1964. Nike—then Blue Ribbon Sports—began as a distributor for Onitsuka Tiger Running Shoes made in Japan. Knight initially sold the shoes himself from the back of his station wagon at Oregon University track meets.
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