Nike and Adidas Both Nike and Adidas are sportswear companies that goods throughout many parts of the world are very popular and have been the top two leading sport companies in the sport industry; as a result‚ people have to compare and contrast which product proper for them. The aim of this essay is to compare and contrast these two companies in terms of company’s background‚ products and price‚ and sponsorships and marketing. Firstly‚ background of Nike company and Adidas company have different
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CASE ANALYSIS NIKE THE SWEATSHOP DEBATE Summary of the Facts Nike was established in 1972 by former University of Oregon track star Phil Knight. ... Nike has $10 billion in annual revenues and sells its products in 140 countries. ... Nike has been dogged for more than a decade by repeated accusations that its products are made in sweatshops where workers‚ many of them children‚ slave away in hazardous conditions for less than subsistence wages. ... Many reporters‚ TV shows‚ companies and organizations
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Nike‚ a company headquartered in Beaverton‚ Oregon‚ is a major force in the sports footwear and fashion industry‚ with annual sales exceeding $ 12 billion‚ more than half of which now come from outside the United States. The company was co-founded in 1964 by Phil Knight‚ a CPA at Price Waterhouse‚ and Bill Bowerman‚ college track coach‚ each investing $ 500 to start. The company‚ initially called Blue Ribbon Sports‚ changed its name to Nike in 1971 and adopted the “Swoosh” logo recognizable
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Executive Summary Introduction This report will discuss in detail‚ the athletic footwear industry‚ and all aspects of its operations. It will focus on Nike‚ the industry’s leader‚ and a selected few of its competitors; Adidas-Salomon and Reebok‚ Sketchers‚ and K-Swiss. A brief overview of Nike and its competitor’s company profiles‚ brand portfolios‚ and current developments will provide an understanding that leads to an analysis of the external environment. This analysis further discusses the
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summary NIKE‚ Inc. was incorporated in 1968 under the laws of the state of Oregon- USA. A 176 acre facility of 18 buildings as its world headquarters housing 6‚000 employees engaging in management‚ research‚ design‚ development‚ marketing‚ finance‚ and administrative functions from nearly all of its divisions. The principal business activity is the design‚ development and worldwide marketing and selling of high quality footwear‚ apparel‚ equipment‚ and accessory products. NIKE is the largest
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CONSUMER BEHAVIOR Shopping locations‚ Department stores were the most preferred type of retailers‚ followed by outlets in shopping malls and chain stores. Product variety‚ guaranteed quality‚ brand choice‚ price‚ services and store environment were cited as the major reasons for visiting a leather consumer goods store. SHOPPING TIME Thirty-eight percent of respondents visited leather consumer goods shops at least once a month. Shopping during weekends is common. Other popular shopping occasions
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is Nike Inc. I chose to do my research on Nike because I am for one‚ very much interested in Nike‚ and secondly I am very interested in Nike ’s clothing‚ shoes‚ and accessory line. <br> <br>Basketball players "want to be like Mike"‚ but shoe companies "want to be like NIKE." NIKE is the worlds #1 company and controls more than 40% of the US athletic shoe market. The company designs and sells shoes for just about every sport‚ including baseball‚ volleyball‚ cheerleading‚ and wrestling. NIKE also
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Nike Case Study Shiffaun L. Alston Jack Welch Management Institute Professor R. Chua JWMI 550 Sunday‚ December 7‚ 2014 Executive Summary Nike’s business model was based in outsourcing its manufacturing‚ then using the money it saved on aggressive marketing campaigns. However‚ the process of outsourcing work internationally proved to be problematic for Nike in a variety of ways particularly in regards to low wages provided workers and poor working conditions and environment. This paper intends
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Background information: Iconography Explanation Nike Heritage NIKE‚ pronounced NI-KEY‚ is the winged goddess of victory according to Greek mythology. He sat next to Zeus‚ king of the Olympian pantheon‚ in Olympus. A mystical presence‚ symbolizing victorious encounters‚ NIKE presided first battle in history. A Greek saying: "When we go to battle and win‚ we say it is NIKE." Synonymous with honored conquest‚ NIKE is the twentieth century footwear that lifts the world ’s greatest athletes to new levels
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valuable resource for Nike. Cutting costs by employing workers at a reduced rate or paying less for plant operation allows Nike to invest the additional profits into other areas of the business such as advertising‚ thereby increasing the potential for company growth. In addition‚ decreased operational costs are more likely to attract and retain company investors because more money can go into increasing business profitability. Increases Competitiveness * Because Nike is able to more efficiently
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