Phil Knight
Phil Knight
Philip Hampson "Phil" Knightis an American business magnate and philanthropist. A native of Oregon, he is the co-founder and chairman emeritus of Nike, Inc., and previously served as chairman and CEO of the company. In November 2015, Forbes named Knight the 15th richest person in the world, with an estimated net worth of US$28.1 billion. He is also the owner of the stop motion film production company Laika...
NationalityAmerican
ProfessionEntrepreneur
Date of Birth24 February 1938
CityPortland, OR
CountryUnited States of America
Personally, I think the failure to really kind of get his arms around this company and this industry led to confusion on behalf of the management team. And I didn't see that getting any better.
We're not in the fashion business, as the Wall Street Journal wrote the other day. We're in the sports business, and there's a big difference.
why does a 67-year-old guy who got his start running an athletic shoe company think he can enter a field famous for gobbling up fortunes?
Basically, the distance between the company that Bill managed in the packaged goods business and Nike and the kind of new athletic equipment business was too great for him to make that leap.
I believe that continued strong consumer acceptance of our products at retail and the strengthening of our organization will enable us to manage through the challenges in our U.S. footwear business and lay the foundation for another round of growth,
I am pleased with the strides we've made in our global equipment business where revenues grew 41 percent this past quarter and 37 percent year-to-date, ... The strong dollar continues to negatively impact our European results; constant dollar revenues in Europe were up 23 percent in the second quarter.
I'm Phil Knight, and I don't believe in advertising.
I don't consider myself enigmatic, but I don't spend a lot of time thinking about my public persona.
It doesn't matter how many people you offend, as long as you're getting your message to your consumers. I say to those people who do not want to offend anybody: You are going to have a very, very difficult time having meaningful advertising.
Perception can be changed
We wanted Nike to be the world's best sports and fitness company. Once you say that, you have a focus. You don't end up making wing tips or sponsoring the next Rolling Stones world tour.
I still get real nervous when I go in front of more than two people.
Up until the time I was 14 years old, I was sure that I was going to be a big-league baseball player. But that dream came to a rude awakening when I got cut from my high school baseball team.
I truly believe the American consumer doesn’t want to buy products made under abusive conditions.