Jogging forward in China The only problems in the quarter for Nike were Western Europe and Greater China. Weakness in Europe is expected due to the economic situation in that region. China, however, is a concern for Nike. Inventories in China have increased and the company was forced to discount its products. Nike expects sales in China to be down in the next quarter. The good thing about Nike is that it's quick to make adjustments in the marketplace. The company has been working to reduce its
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strength or competitive capability that is competitively superior to those possessed by Nike and the adidas group. We see no strengths or capabilities are Under Armour that class members can convincingly argue competitively superior to those at Nike. Five forces analysis Rivalry related competitive pressures are being intensified by the active and aggressive efforts on the part of Under Armour, Nike and Adidas-Reebok to build and strengthen the appeal of their brand name via celebrity endorsements, sponsorship
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Porter’s Five Competitive Forces Porter’s Five Forces is a framework for industry analysis and business strategy development, which helps business people understand the relative attractiveness of an industry and the industry’s competitive pressures. The five competitive forces are threat of new entrants, threat of substitute products or services, rivalry among existing competitors, bargaining power of buyers and bargaining power of suppliers. Figure 1: Porter’s Five Forces Threat of new entrants
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next section: target market analysis. 2. Introduction of Nike and Adidas to the current product line The current target market of Stride’s is currently very concise to people who are experienced and regularly exercise. One trend that has become increasingly common is the balance between the form (looks of a product) and the functions of a product. Two brands that have done an exceptional job over the years is Nike and Adidas. For many consumers, these are must have brands that affect loyalty between
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Under Armour’s Strategy Case Analysis 1. How strong are the competitive forces confronting Under Armour, Nike, and The Adidas Group? Provide a five-forces analysis to support your answer. The competitive forces confronting Under Armour, Nike, and the Adidas Group are very strong. There are many other companies who offer similar sportswear and gear lie these three groups. A consumer has a wide variety of merchandise available to choose from, and the price to pick one brand over another costs
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years ago, when I was at primary school, all “adidas” shoes and clothes were fakes, bought at the local market. When I started middle school I got my first pair of authentic adidas running shoes. For my ten-year-old self they were the coolest thing ever – comfortable, pretty and a source of great envy for my classmates. Back then, authentic adidas shoes were rare and we did not even know that other adidas products existed. A couple of years later the adidas logo could be found everywhere – on the streets
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will be analyzed using Porter’s Five Forces where footwear retailers are players, buyers are individual consumers, and footwear manufacturers are the key suppliers. The market is dominated by large retail groups such as Foot Locker, Inc. Nike, Inc, Adidas AG, Finish Line, Inc. that hold a strong position in the market bargaining power over suppliers. Rivalry is the strongest between these large groups. The footwear is a basic necessity, so sales volumes are high what reduce buyer power. Much of the
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The Adidas Predator AdiPower Predator (Left) Predator Lethal Zones (Right) AdiPower Predator The adidas Predator was created in 1994 by an Australian footballer called Craig Johnston who played for Liverpool Football Club. He made a prototype of the boot spending his own money and time working so hard on this boot, which changed the industry completely. He created this boot because back in Australia when he was coaching the younger generation of footballers. He told them what they needed
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Jalen Prince Joseph Messam Trimell Pearce Warren Bell Starting in the small town of Bavaria, Germany Adidas group was founded by Adi Dassler in 1924. The first registered shoe was named the, “Gebruder Dassler Schuhfabrik” and that is when Mr. Dassler embarked on his mission to provide athletes with the best possible equipment. Two of the first athletes sponsored by the Adidas group were Lina Radke and Jesse Owens. Both who in fact won gold medals while sporting the brand which was the start
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Nike Case Analysis 1 Nike Case Analysis Contents I. Introduction............................................................................................................................................................3 II. Conclusions of Nike Core Marketing Strategy .......................................................................................................3 2.1. Pros: ........................................................................................
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