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 engraved to the shoes in 1967
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Schuhfabrik in Herzogenaurach‚ Germany in 1924. Later Rudolf Dassler founds the PUMA Schufabrik Rudolf Dassler in October 1‚ 1948. Brother Adolf Dassler went on to found Addidas; the existing business assets of the Gebrüder Dassler Schuhfabrik are divided up between the two brothers. (Puma.com) Puma distributes globally‚ reaching department stores as well as sport and high-end retailers in over 130 countries worldwide. Puma is one of the world’s largest providers of Sportlifestyle footwear‚ apparel
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AG Case Adalbert and Rudolf Dassler founded puma in 1924 in Germany. The company was called Gebrüder Dassler OHG‚ and was internationally well known. However‚ the two brothers separated creating Adidas and Puma‚ respectively. Puma had sponsored some of the worlds most famous soccer players‚ positioning itself as one of the most important company in soccer shoes and accessories. In spite of that‚ the son of the founder‚ Armin Dassler‚ take Puma to a point where all product were sold “dirt-cheap”
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capital 12 - Value of equity 12 Conclusion 13 References 14 Appendix 1: Reformulated Balance Sheet Adidas € mill 15 Appendix 2: Reformulated Balance Sheet PUMA € mill 16 Appendix 3: Reformulated Income Statement 17 Appendix 4: Ratios for Adidas 18 Appendix 5: Ratios for Puma 19 Appendix 6: Multiple analyses 21 Appendix 7: FCF Valuation Model: Economic Balance Sheet 22 Summary The purpose of this report is to evaluate how the Adidas Group did during
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COMPARITIVE ANALYSIS OF MARKETING STRATERGIES: INDIAN FOOTWEAR INDUSTRY NIKE-ADIDAS-REEBOK-PUMA-INDIAN BRANDS Executive Summary To study and develop substantial market analysis on the primary products these firms (Nike‚ Adidas‚ Reebok‚ Puma and Indian brands) make‚ i.e Athletic Footwear. We will compare their marketing strategies‚ their targeting and their marketing mixes. We will analyze their segmentation and examine their positioning in the Indian market. And lastly we will state
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Marketing Plan: Adidas AG Taylor Fjeldheim Principles of Marketing Executive Summary Adidas AG sells sports shoes‚ apparel‚ and equipment in 170 different countries. There focus lies in football‚ soccer‚ basketball‚ running‚ training gear‚ golf‚ and apparel. This is a two billion dollar industry and with Adidas being a main cog. They also specialize in lifestyle goods including SLVR and Y-3 fashion brands. They have trademarked their three-striped logo that has become a
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CASE BACKGROUND PUMA AG (PUMA) is a German-based company that produces high-end sportswear. According to PUMA’s financial report‚ in the year 2007‚ PUMA earned a profit of $510‚944‚031 excluding taxes. Although the company’s headquarters is in Germany ‚ its main production sites are in China and other developing countries. While the company can afford to invest millions of dollars in advertising‚ behind the scenes‚ workers who manufacture its products still earn the bare minimum. In the last
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not only manufacture sports but stuff related to fashion such as watches‚ perfume and sunglasses. Adidas was founded in 1949 by Adolf Dassler in Bavaria‚ Germany. The Adidas group first started out by manufacturing shoes and their only rivalry was Puma which was owned by his brother. Both the company wanted to excel further and outrun each other. Their success story begins here. Today Adidas Group has expanded its business to a large extend. They now have more company names and it has also gone
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manufacturer in the world.[3] Adidas was founded in 1948 by Adolf Dassler‚ following the split of Gebrüder Dassler Schuhfabrik between him and his older brother Rudolf. Rudolf later established Puma‚ which was the early rival of Adidas. Registered in 1949‚ Adidas is currently based in Herzogenaurach‚ Germany. Puma is also based in Herzogenaurach. 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
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benefits to consumers? Nike‚ Adidas and Puma are the examples of different brands that sell the same category of products. For instance‚ sport clothes‚ sport shoes‚ sport accessories and so on. They have been competing for a long time ago. Each brand had values that they promised. For instance‚ Nike‚ they promised to gives its customers more than just good athletic gear; Adidas promised performance‚ passion‚ integrity and diversity as their values; and Puma promised to be eco services which used to
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