1. The company was founded in 1964 by student Phil Knight, a middle-distance runner for the University of Oregon team, and his coach Bill Bauerman. 2. At first it was called Blue Ribbon Sports, and it's first operation was to order 300 pairs of sneakers. 3. In 1978 the company's name was changed to Nike. 4. In 1997 sales exceeded $9 billion and profits were $800 million. 5. Begging in the late 1980s the company expanded through acquisitions. 6. The most significant of these were Cole Haan, Converse and Canstar Sports. 7. On March 3, 2008 the company completed its acquisition of 100% of Umbro PLC, a manufacturer of sportswear and footwear for 290.5 million. 8. Four years later the company was sold at half the price of Iconix Brand Group. 9. In April 2019 Nike announced the creation of it's own cryptocurrency. 10. Most likely, mining will be tied to active sports based on "smart clothes".
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1. The company was founded in 1964 by student Phil Knight, a middle-distance runner for the University of Oregon team, and his coach Bill Bauerman. 2. At first it was called Blue Ribbon Sports, and it's first operation was to order 300 pairs of sneakers. 3. In 1978 the company's name was changed to Nike. 4. In 1997 sales exceeded $9 billion and profits were $800 million. 5. Begging in the late 1980s the company expanded through acquisitions. 6. The most significant of these were Cole Haan, Converse and Canstar Sports. 7. On March 3, 2008 the company completed its acquisition of 100% of Umbro PLC, a manufacturer of sportswear and footwear for 290.5 million. 8. Four years later the company was sold at half the price of Iconix Brand Group. 9. In April 2019 Nike announced the creation of it's own cryptocurrency. 10. Most likely, mining will be tied to active sports based on "smart clothes".