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Born and raised in Seoul, Korea. Attended high school in Ottawa, Canada. Currently attending the University of Toronto. Passion for Statistics and Data Science.

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6 January 2011

Nike.


the company was founded by University of Oregon track athlete in 1964,
starting off by selling imported Japanese shoes on the back of his truck.
One Sunday morning, he found a way to make a trainer shoe with great grip,
when he poured liquid urethane into a waffle machine as an experiment in 1974.
By 1980, it reached 50% market share of the US athletic shoe market.
Current brand value of the Nike is estimated over $10.7 billion.

The familiar and bold Nike logo was first adopted in 1972 and became their trademark since then.
The graphic design student in Portland State University agreed on the request of coming up with logo design,
then made the deal of charging the logo for 35$.



Nike is the Greek goddess of victory and the logo represents her wing.
It's all part of their marketing strategy, but I still like the spirit of the brand.



Created by iKEN at 22:52
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Keywords: Thought

3 comments:

RealGrouchy said...

I guess you're too young to have read No Logo, or to have lived through the news coverage that made Nike synonymous with child labour in East Asian countries.

- RG>

7 January 2011 at 10:19
iKEN said...

You are probably right. Although I started to wear no logo clothings... but shoe, I still can't get out of mind set of brand name. About the child labour, I never realized that the company actually admit of doing it. It's quiet shocking and I should read more about it, thanks for the heads up!

KEN

7 January 2011 at 19:42
Anonymous said...

I was going to write a post about the same point. 2 days late.

Grouchy like Groucho Marx ?

9 January 2011 at 18:12

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