Phil Knight Recounts Nike's Creation After Firing as Sports Gear Giant Celebrates 50th Anniversary

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One of the most important days in the history of sports apparel occurred 50 years ago, this month. On May 1, 1972, business partners Phil Knight, Bill Bowerman, and their company, Blue Ribbon Sports, were fired from a partnership with Japanese shoemaker Onitsuka Co. But as Knight recalled in a letter …
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