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Nike got its name of today in 1972 but was founded in 1964 as Blue Ribbon Sports in Beaverton, Oregon. Founders Bill Bowerman & Philip Knight first design was the Waffle Trainer & they have since then put out too many classic models to mention. These classic models and Nike's smart sponsorship and marketing has made them the worlds largest footwear brand. The famous swoosh logo, which adorns nearly all of Nike's shoes, is a sign of quality and design perfection.