for the company‚ Nike‚ and will be analyzing their operational strategy. NIKE Inc. was founded in 1962 by Bill Bowerman and Phil Knight. The original name of the company was Blue Ribbon Sports. The organization’s goal was to sale low-cost‚ high-quality athletic shoes to American consumers. Today‚ NIKE manufactures and distributes athletic shoes and markets them to a global market; while also bolstering sales in athletic apparel‚ sports equipment‚ and subsidiary ventures. Nike has multiple distribution
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Nike Positioning Process BUSI 433 Dr. Janis McFaul Ruben Gonzalez Pena Introduction Nike is one of the most recognizable companies in the world due to the specific logo as known as the “swoosh”. In the 32 years of existence‚ Nike has been able to be the industry’s leading sport and fitness company. The organizations mission is “To bring inspiration and innovation to every athlete in the world”. According to the founder Bill Bowerman “If your have a body‚ you are an athlete
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Marketing Nike BUS 330 Principles of Marketing Robert Murray January 13‚ 2013 Marketing Nike Growing up there was one brand that all professional athletes used in my eyes‚ Nike. The Swoosh‚ was the icon that all kids had to have‚ and why not? All the big time players not only had it‚ but endorsed it. Ads‚ which had Michael “Air” Jordan‚ Bo Jackson‚ or Wayne Gretsky “The Great One” doing amazing physical feats‚ always‚ motivated the crowds. The Nike company new this‚ and blasted
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Nike Inc. Case 1. What is the WACC and why is it important to estimate a firm’s cost of capital? WACC is weighted average cost of capital‚ which is the expected rate of return on average from all the company’s existing debts and securities. It takes into account all different types of financing in the company’s capital structure. The reason it is important to estimate WACC is because it measures what it costs the firm to take on a project based on its current Debt and Equity mix. When the
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A PROJECT REPORT ON CONSUMER BEHAVIOUR REGARDING Various Branded Shoes SUBMITTED TO: PANJAB UNIVERSITY‚ CHANDIGARH in partial fulfillment of requirement for the degree of MASTER OF COMMERCE (M.COM) SUPERVISED BY:- SUBMITTED BY:- Mrs. Ranjit Kaur Jasdeep Kaur
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decisions and how they will impact the stakeholders. Nike is a large multinational sports apparel company. Nike headquarters are in Beaverton‚ Oregon and they are the leading sports apparel company in the world. Nike had some bad press in the ninety’s when they were accused of operating Vietnamese sweat shops. Nike’s corporate website www.Nikeinc.com states that “Nike has been working towards better work conditions for fifteen years”. In the past Nike achieved its social responsibility in a much more
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to attract customers. With new releases being sold out within days‚ the Jordan brand Is a perfect example. The Jordan brand has been able to sell for over 20 years now while always making good profit. A Little Bit of History… Back in 1984 the Nike company was struggling to attract customers. They had to come up with a new idea and in came Michael Jordan. After signing Jordan to a 2.5 million dollar contract‚ the “ Air Jordan” brand was created. Originally back in 1984 the shoes created
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Strengths • Largest boardsport brand • Third-party manufacturing • Liquidity‚ leverage‚ & profitability Volcom Inc. (Volcom) started very small‚ the founder borrowed 5‚000 dollars from his father to start the business. They new nothing being expert‚ their sales went negative to huge positive‚ because of their spirit and creativity work. The company growth was due to the wide array of products developed and offered. Volcom designs‚ markets and distributes premium quality young men’s and young
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Discuss Nike’s new product portfolio and strategic brand management strategies. Indicate any recommended changes. The company was founded in 1964 as Blue Ribbon Sports by Bill Bowerman and Philip Knight‚ and officially became Nike Inc. in 1978. It started as a US based shoe distributer and has grown to become one of the largest sellers of athletic footwear‚ athletic apparel‚ equipment in the world. The company creates designs for men‚ women and children. Its top selling product category includes
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businesses in this industry. Competitors and Market trend: As mentioned earlier‚ the global sportswear market is considered to be highly competitive. The behemoths of the sports apparel and equipment industry are; Nike‚ Adidas‚ Reebok and Puma. Adidas emerged in the industry before Nike and now the Adidas Group owns both Reebok and Adidas. Adidas is the largest sportswear manufacturer in Europe and second largest in the world (“Adidas Group History”). On the other hand‚ Puma is well known for its
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