1. The alliance with adidas will be an excellent opportunity for growth at Polar. It seems that Polar’s growth potential is somewhat unlimited as they can target new market segments outside their niche and move into many new markets. However‚ their resources are limited‚ so the partnership with adidas will be a critical aspect of future growth. Adidas will bring Polar to their many flagship stores around the globe. Also‚ Polar can ride along into adidas’s vast distribution network
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MARKETING EXCELLENCE- NIKE The case explains how Nike successfully marketed it products by getting it endorsed through top athletes‚ who influence the buying decision of brands and products of others and created its brand image by associating the products with their persona. By signing the Michael Jordan and relating it air Jordan shoes to his superior performance ‚it generated great revenues in a year alone‚ and its “just do it” ad campaign manifested brand’s attitude of self-empowerment through
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What is a multinational company? A multinational company is one where regional headquarters are set up in different countries. In this example‚ Adidas is a multinational company because aside from its main parent headquarters in the United States of America‚ it has set up regional headquarters in other countries‚ such as China‚ Indonesia‚ Great Britain‚ and so on. Such a globalised company has profound effects on the company itself and the host countries. Benefits to the Host Country Investment
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Austin Wang Dr. Sean Jasso Section 22 May 24‚ 2012 Marketing Plan Stage 2 Nike: Executive Summary: - Bill Bowerman and Phillip Knight found the company as Blue Ribbon Sports in 1964 - Changed the name to Nike in 1978 - Nike Headquarter is located in Beaverton Oregon - Global marketer of footwear‚ apparel‚ equipment and accessory products - Offers footwear and products to sports such as tennis‚golf‚ baseball‚ football‚ bicycling‚ volleyball‚ wrestling‚ cheerleading‚ aquatic activities
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is key when playing basketball because it could really make or break your game. Selecting the right shoe for playing basketball in is an important decision‚ and there many choices from which to choose. two popular choices are Jordan and Adidas. Even though Adidas shoes and Jordan shoes are similar in many ways‚ there are three important differences between these two brands of shoes. Specifically‚ they differ in price‚ quality‚ and variety. Jordans have always been the top dollar shoe since Michael
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Case Study- Nike 1. Discuss how Nike’s growth can be attributed to its targeting of diverse market global segments. In the 1960’s Nike was only making running shoes. At this point in time not many people knew of Nike or the Nike swoosh. In order to increase brand awareness‚ they started paying athletes to wear their shoes. However‚ very soon Nike learnt that in order to be a global brand they needed to appeal to different market segments‚ not just athletes. Hence‚ they then decided to tap
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Financial and Non-Financial Justifications Nike is the largest seller of athletic footwear and apparel in the world that selling products primarily through a combination of retail accounts.Nike itself owned a retail‚ including independent distributors‚ stores and e-commerce ‚franchisees and licensees worldwide. Build a profitable global portfolio of branded footwear‚ apparel‚ equipment and accessories businesses is a goal of the company while their strategy is to achieve long-term revenue growth
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Net income attributable to shareholders up 25% to € 209 million adidas Group increases full year sales guidance • Comparable Retail store sales grow 17% currency-neutral • adidas and Reebok sales increase 18% and 24% respectively • Gross margin almost unchanged at 48.5% despite higher input costs • Operating margin up on a comparable basis • Net borrowings down 33% to € 914 million at quarter-end adidas Group currency-neutral sales increase 18% in the first quarter of
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management by comparing the strategies of two companies from the same industry. The strategies of Nike and Adidas have been compared from the textile industry. Nike and Adidas both specialize in footwear‚ apparel and accessories and their competition is intense as Nike is the market leader and Adidas is the market challenger. The topics in this assignment cover critical incidents of both Nike and Adidas that occurred in the past and the comparison between both their strategies as well their future
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Context Our Customer — adidas — is one of the most well-known sports goods manufacturers for amateur and professional athletes worldwide. They produce sports equipment and clothes as well as explore highly innovative business spheres‚ such as development of smart devices. One of their products from this range is adidas miCoach‚ an innovative hardware device for tracking fitness activity complemented by software solutions to work together with the gadget. Adidas miCoach is a product range that
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