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Cultural Revolution When Nike founder Phil Knight first traveled to China in 1980, before Beijing could even ship to U.S. ports, the country was just emerging from the turmoil of the Cultural Revolution. By the mid-'80s, Knight had moved much of his production to China from South Korea and Taiwan. But he saw China as more than a workshop. "There are 2 billion feet out there," former Nike executives recall his saying. "Go get them!". The Chinese responded (the goal was "to hook kids into Nike early and hold them for life"): sales through the 1990s picked up 60% a year. Here's how Phil Knight did it.
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posted on Oct 29, 2004 - View this thread