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The Swoosh was first used by Nike in June 1971, and was registered with the U.S. Patent and Trademark Office on January 22, 1974. In February 1972, BRS introduced its first line of Nike shoes, with the name Nike derived from the Greek goddess of victory. By 1980, Nike had reached a 50% market share in the U.S. athletic shoe market, and the company went public in December of that year.

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