Jackie Smith April 30‚ 2010 Executive Summary Adidas has been around since 1924 and has grown to be one of the top companies in providing a variety of high quality products to consumers interested in sports. It is currently the number two brand in the sporting goods industry‚ trailing its main competitor Nike. Adidas has a strong focus on both performance and style‚ as opposed to Nike’s more pure performance emphasis. Adidas is currently surviving in its market but has many barr
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Strengths 1. Established brand name – this means that Adidas has already built up a good reputation and it has a large market share within its industry. 2. Good retail links – Adidas has established good links with shops and outlets‚ which sell Adidas’s products. 3. Established worldwide distribution network – this means that Adidas’s products are shipped to a large number of countries. 4. Famous sports stars advertising products – Adidas has a series of football superstars who wear/advertise
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are basically rooted in the Middle East Asia. Analyzing own strengths and weaknesses and capturing new opportunities or avoiding threats‚ are one of the most important factors for reaching this goal. This paper is dealing with the German apparel “Adidas”‚ which is one of the world’s largest manufacturers for sportswear and sport utilities. But why are they one of the leading global players in this certain industry? There are some key factors‚ which influenced their worldwide success. A part of different
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lysisscoring on all fields Annual Report 2005 Net Sales € in millions Financial Highlights (IFRS) 1) 2001 2002 2003 2004 1) 2005 1) lllllllllllllllllllllllllllllllllllllllll lllllllllllllllllllllllllllllllllllllllllll llllllllllllllllllllllllllllllllllllllllll lllllllllllllllllllllllllllllllllllllll llllllllllllllllllllllllllllllllllllllllllll llllllllllllllllllllllll llllllllllllllllllllllllll llllllllllllllllllllllllllllll llllllllllllllllllllllllllllllllllll llllllllllllllllllllllllllllllllllllllllllll
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Group sales increase 14% on a currency-neutral basis Net income attributable to shareholders up 38% to € 289 million adidas Group increases full year guidance • • • • • Comparable Retail store sales grow 9% currency-neutral TaylorMade-adidas Golf sales increase 32% currency-neutral Operating margin up 1.1 percentage points despite gross margin decline Net borrowings down 30% to € 640 million at quarter-end Inventory growth moderates to 13% currency-neutral adidas Group currency-neutral sales increase
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Ellen Meyer Dr. White MANG 497 March 29‚ 2012 Adidas Case Analysis Current Strategy Adidas went through a stage of restructuring when the company’s corporate strategy needed to be revamped. Before 2009‚ adidas focused on making acquisitions that would ultimately lead to overtaking Nike as the leader of the global sporting goods industry. In 2009‚ adidas restructured the corporate strategy to extend its leadership in product innovation‚ creating a differentiated image for the products
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1. PEST Analysis of Adidas 1.1 Political Factors Adidas generates policies and monitor hazardous substance to protect human health and environment . and also it protects the rights of its employees by following labour laws on country specific way. Adidas a multinational company need to consider the global political state as well as domestic political issues. It is important to monitor the government’s laws which affect the business of adidas. Since the political arena has a huge influence
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For Adidas‚ the beginning was with shoes. “Shoes to play in‚ shoes to play better in‚ shoes to win in.” Shoes that‚ one day would go on to be worn by champions that would win trophies and medals‚ shoes that would break impossible records. Athletes of all kinds would wear them and create magic wearing them. Today‚ Adidas is one of the world’s leading brands‚ recognized and respected. In 1925‚ in a small German village‚ the world got its first taste of Adidas. It was there‚ in a village by the name
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Adidas case study Mission Statement Evaluation Matrix Adidas has a non-traditional form of a mission. Adopting the “one” theme‚ the company wants to signify a sense of harmony and integration between its people‚ plan and goals. “ AG is ccommitted to being a global leader in the sporting goods industry by producing brands that are novel‚ fun‚ and have a passion for atheltics and active people worldwide. We are committed to delivering industry leading financial results‚ innovating and the most
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BUSINESS HISTORY Adidas is a name that stands for competence in all sectors of sport around the globe. The vision of company founder Adolf (“Adi”) Dassler has long become reality and his corporate philosophy the guiding principle for successor generations. 1920- Was where it all began. Adi Dassler created his first pair of shoes using the few materials that were available after the First World War. 1949- Adi Dassler registered his company in the commercial register‚ named after himself taking
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