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There, he presented her with chocolate swooshes, a diamond ring made of gold and engraved with the Swoosh, and an envelope filled with 500 shares of Nike stock, then worth about seventeen cents per share or $85, [8] worth in 2023—after stock splits bringing the total to 32,000 shares—about $3 million. [10]
The "Swoosh" logo. The Swoosh is the logo of American sportswear designer and retailer Nike. Today, it has become one of the most recognizable brand logos in the world, and the most valuable, having a worth of $26 billion alone. [1] [2] Bill Bowerman and Phil Knight founded Nike on January 25, 1964, as Blue Ribbon Sports (BRS). [3]
Nike, Inc. [note 1] (stylized as NIKE) is an American athletic footwear and apparel corporation headquartered near Beaverton, Oregon. [6] It is the world's largest supplier of athletic shoes and apparel and a major manufacturer of sports equipment, with revenue in excess of US$46 billion in its fiscal year 2022.
Brown replaced black as the most popular color for leather jackets, and common accessories included orange hoodies, black track pants, faded jeans covered in iron-on patches, black [213] or white leather hi-tops, [214] Timberland boots, navy blue wool coach jackets, graphic print tees featuring a small statement design, [215] dark flannel ...
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In 2003, UGG boots were included on Oprah Winfrey's show as part of "Oprah's Favorite Things." [10] Afterwards, the brand received an unprecedented surge in sales. [10] [11] In 2006, UGG opened its first brick and mortar store in New York's SoHo neighborhood. [12] The company opened its first international store in Japan later that same year. [13]