MANAGEMENT ASSIGNMENT NIKE: Strategic Analysis SUBMITTED TO: AMIT SINHA SUBMITTED BY: Varun Bhatia 191181 FMG 19C Nike’s Global Business Strategy When first founded in 1962 under the name of Blue Ribbon Sports‚ the strategy was “to distribute low-cost‚ high-quality Japanese athletic shoes to American consumers in an attempt to break Germany’s domination of the domestic industry.” Today Nike offers athletic shoes at every marketable price point to a global market. Nike sustains its leading
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DEFINITION BCG MATRIX Boston Consulting Group (BCG) Matrix is defined by the following authors as follows: Table 1 Definition of BCG Matrix Pearce (2013) David (2012) BCG Matrix is an approach pioneered by the Boston Consulting Group that attempted to help managers “balance” the flow of cash resources among their various businesses while also identifying their basic strategic purpose within the overall portfolio. It is also known as “portfolio techniques”. BCG Matrix graphically portrays
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staages of Reebok‚ J.W. Foster devveloped the novelty ¨spiked running shoe¨ while he was producing the item. He then changed the company´s name from J.W. Foster and Sons to Reebok. Although Reebok has been in the shadows of major competitors Nike and Adidas‚ they still manage to be a successfful sports wear market. Reebok underrstands customers neeeds and continue to enhance as an international brand. While sportswear is becoming increasingly popular the bulk of sales ccome from the Rss 2000 to Rs
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NIKE Executive Summary Nike Inc. founded in 1962 by Bill Bowerman and Phil Knight was first named Blue Ribbon sports. Their goal was to distribute high quality Japanese athletic shoes to American consumers in an attempt to compete with Germany’s domination of the athletic wear at that time (Adidas and Puma). Nike manufactures and distributes athletic shoes at every marketable price point to the global market. More than 40% of sales come from athletic apparel and sports equipment
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…………………………………………………………………..p.6 Profile of CEO………………….…………………………………………………………………..p.7 Competitor’s Profile………….…………………………………………………………………….p.7 Industry Profile……………………………………………………………………………………..p.8 Company Analysis…………………………………………………………………………………p.9 Industry Analysis………………………………………………………………………………......p.24 Top Competitor Analysis………………………………………………………………………….p.25 Other External Forces…………………………………………………………………………….p.26 Key Opportunity……………………………………………………………………………..….…p.27 Key Threat…………………………………………………………………………………………p
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200‚000 pairs of shoes each year before World War Two. However the brothers did not get on well‚ and in 1948 they split up [3]‚ with Rudi forming Puma‚ and Adi forming Adidas. The company formally registered as adidas AG (with lower case lettering) on August 18‚ 1949. The phrase All Day I Dream About Sports is used as if Adidas were an acronym.[4] [edit] The Tapie affair After a period of trouble following the death of Adolf Dassler ’s son Horst Dassler in 1987‚ the company was bought in 1989
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of the adidas group‚ in terms of its values‚ ethics and performance 1. Executive summary The adidas Group is globally the second largest manufacturer of sporting attire‚ controlling almost a quarter (22%) of the market compared to the 33% currently commanded by its biggest rival Nike1. Although a multinational company‚ it was founded originally in Germany and thus its central headquarters are situated in Herzogenaurach‚ and home to more than 2600 workers2. Furthermore worldwide the adidas group
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Nike and Adidas: Different strategies for telling their brand stories February 5‚ 2013 by David Crist How do companies that sell comparable products or offer similar services differentiate themselves? What makes one brand stand out from the next? We know that numerous touchpoints are critical in influencing how we perceive and experience brands. Retail store layouts and displays‚ websites‚ commercials and sponsorships all help shape our opinions. Take Nike and Adidas‚ for example. Both companies
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2011 Annual Report Analysis for Adidas Prepared for Professor Tabor Prepared by Jena Howell 2011 Annual Report Analysis for Adidas Prepared for Professor Tabor Prepared by Jena Howell Table of Contents Introduction 2 Annual Report Analysis of Adidas 2 Auditors 2 Subsequent Events 3 Trends in Total Assets and Total Liabilities 3 Three Largest Assets and Liabilities for Recent Year 4 Stock Options 4 Income Statement 4 Net Income 5 Comprehensive Income 5 Direct
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“On January 25‚ 1964 Nike‚ formerly known as Blue Ribbon Sports was founded by Bill Bowerman and Phillip Knight. It officially became Nike Incorporated on May 30‚ 1978”(Nike Business). During the late 70s to early 80s Nike’s initial focus was Track and Field but later expanded into various sports such as : soccer‚ golf‚ hockey and basketball just to name a few.” In 1980‚ Nike entered the decade on the success of its Nike Air technology‚ and at the end of that year Nike completed its initial public
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