is to compare and identify the various marketing strategies followed by two of the world’s best sports company’s Adidas and Nike as they have been in rivalry for a long time. I would also like to find out the strengths and weakness of both the companies. INTRODUCTION OF THE COMPANIES ADIDAS Adidas AG is a German sports apparel manufacturer and parent company of the Adidas Group‚ which consists of the Reebok sportswear company‚ golf company (including Ashworth)‚ and Rockport. Besides
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Strengths 1. Established brand name – this means that Adidas has already built up a good reputation and it has a large market share within its industry. 2. Good retail links – Adidas has established good links with shops and outlets‚ which sell Adidas’s products. 3. Established worldwide distribution network – this means that Adidas’s products are shipped to a large number of countries. 4. Famous sports stars advertising products – Adidas has a series of football superstars who wear and advertise
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Case: Adidas Current Situation * In 2008‚ Adidas achieved a number of significant strategic goals. However‚ it has lost market share in the athletic footwear market to Nike through the first nine months of the year. * Adidas has a strategy that´s focused on extending its leadership in product innovation‚ creating a differentiated image for the products offered by each of its three business segments. Corportate Governance External Environment PEST Political * Multinational
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currency-neutral basis Net income attributable to shareholders up 38% to € 289 million adidas Group increases full year guidance • • • • • Comparable Retail store sales grow 9% currency-neutral TaylorMade-adidas Golf sales increase 32% currency-neutral Operating margin up 1.1 percentage points despite gross margin decline Net borrowings down 30% to € 640 million at quarter-end Inventory growth moderates to 13% currency-neutral adidas Group currency-neutral sales increase 14% in the first quarter of 2012 In
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Introduction Adidas is a major German sports apparel manufacturer‚ which was founded in 1948. It is the largest sportswear manufacturer in Europe and the second biggest sportswear manufacturer in the world‚ after Nike. The company’s clothing and shoe designs typically feature three parallel bars. The company revenue for 2009 was listed at €10.38 billion. The market segmentation; targeting and position play an important role in this company. This essay will use the three factors to analyze this
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1. PEST Analysis of Adidas 1.1 Political Factors Adidas generates policies and monitor hazardous substance to protect human health and environment . and also it protects the rights of its employees by following labour laws on country specific way. Adidas a multinational company need to consider the global political state as well as domestic political issues. It is important to monitor the government’s laws which affect the business of adidas. Since the political arena has a huge influence
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popular three stripes logo company‚ Adidas was first founded in 1924‚ in Germany. It started out as a sportswear independent company by Rudolf Dassler and Adi and was first named Dassler Shoes. Later‚ Rudolf left his brother and established his own company in 1948‚ also known as Puma. Adi then named the company Adidas (Theshoegame.com‚ 2016). Adidas three stripes has a meaning which represents the goals and aim of a mountain‚ that signifies the future of Adidas lying ahead. The three stripes was then
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Nike versus Adidas As companies decided to dip into new markets‚ they develop a marketing plan‚ review external and internal contingencies and complete a SWOT analysis on their organization and competitors. Adidas is one of those companies that have completed this task as it prepares to fight against Nike to become the number one company in the market for footwear and sports apparel. With Adidas and Nike being in the same market they have similar external contingencies‚ yet different views
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Castparts are the only Fortune 500 companies headquartered in the state of Oregon‚ according to The Oregonian. HISTORY OF NIKE The company ’s clothing and shoe designs typically feature three parallel bars‚ and the same motif is incorporated into Adidas ’s current official logo. The company revenue for 2008 was listed at €10.799 billion and the 2007 figure was listed at €10.299 billion‚ or about US$15.6 billion. History 1949-2005 Due to the death of Adolf’s son (Horst Dassler)‚ the Company was
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company’s name to Adidas whereby the word ‘Adi’ from his nickname and ’Das’ from Dassler. Adidas was the leading brand among athletes community when‚ in 1978‚ Adolf Dassler passed and his wife Käthe‚ his son Horst‚ and his daughter Carry started running the business. That was a big transition that was completed in the 90’s when Robert Louis-Dreyfus became Adidas CEO: Adidas started moving from being a manufacturing and sales based company to a marketing company. From then on‚ Adidas grew rapidly
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