In 1963, Phil Knight, a graduate of the University of Oregon, and his mentor, Bill Bowerman, founded Blue Ribbon Sports, a sports-goods company. In 1964, Knight and his coach, Bowerman, invested $500 each to form the sneaker company, called the Blue Ribbon Sporting Goods Company.
In 1972, the Nike company was officially established. Its predecessor is by the current Nike president Phil Knight and coach Bill Bowerman investment Blue Ribbon Sports Company.
In 2001, Nike followed up with its air cushion technology with a new cushioning technology called Shox. Sneakers made using this technique have also been popular and sales have been rising. In addition to sneakers, Nike's clothing is also no lack of innovation. For example, high-performance textiles made with FIT technology can effectively help athletes train and compete in any weather conditions. Other sports products made by Nike, such as watches, glasses and so on, are the crystallization of high technology
