Blue Ribbon Sports was founded in 1964 by Bill Bowerman and Philip Knight. It was later renamed to Nike in 1978. The company took its name fro
m Nike, "the Greek goddess of victory". The company began as a casual agreement between University of Oregon track coach Bill and Phil, who was a middle distance runner. They formed Blue Ribbon Sports and started importing Japanese brand Onitsuka Tiger running shoes. One night, Johnson, a full-time salesperson of the company, had a dream of the goddess Nike, and then suggested the name Nike to his bosses. The company used its first footwear product to feature the "Swoosh" mark -- a soccer cleat called the Nike.
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