a recessed sole to simulate action of an octopus’ suction cup. * By 1950, the company was known as Onitsuka Tiger. The Tiger sports shoe saw its first major success the following year, with the winner of the Boston Marathon wearing the brand. * * ASICS is at the forefront of the world performance sports market as undisputedly the leading running shoe brand for enthusiasts and professional athletes alike. Whether at professional sporting events, the Olympics or an everyday run around a
Words: 257 - Pages: 2
Political factor: If Nike wants to open international market such as China, the company would get disadvantages because every country will protect and priority for its domestic products. So, the company must find out exactly these requirements that the country require in Nike to overcome these barriers. International trade regulations The trade regulations in China are formulated in accordance with the "Foreign Trade Law of the People's Republic of China" in order to maintain foreign trade order
Words: 1493 - Pages: 6
Corporations have a responsibility to the society in which they operate and not merely to their shareholders. They have a fiduciary responsibility to shareholders and are in effect representing those shareholders in business, producing goods and services, amassing a return on the investment of the shareholders, and then returning a proper share of that return to those shareholders. If the corporation does not act with a sense of responsibility, however, that reflects badly on the corporation and
Words: 1913 - Pages: 8
footwear that redefined the industry ("Nike, Inc.:History," ). After years of their ideas being ignored, they established a partnership and convinced Japan to allow them to become U.S. distributors of Japan’s Tiger shoe which in turn opened the door to allow Bowerman to make changes to the Tiger shoe to make it a light weight and better. This led to the establishment of Nike. By 1971, there was a third individual, Jeff Johnson, the first full time employee, who created the marketing materials for Nike.
Words: 1225 - Pages: 5
Cross-Cultural Perspectives Don Barry Cross-Cultural Perspectives Timberland Overview Originally founded in 1933 as the Abington Shoe Company, in 1952 Nathan Swartz bought into the company located in Abington Massachusetts. Swartz bought out the remaining interest in the company in 1955 and brought his sons into the business. In 1973, the Timberland brand name was introduced and the company officially changed its name to The Timberland Company. Known primarily for the waterproof leather work-boots
Words: 1193 - Pages: 5
athletic retail industry. Particularly amongst females Nike is seen as a popular choice for apparel yet has had trouble solidifying itself as a top choice for footwear, with competitor ASICS seen as the preferred running shoe choice. Nike recognised this market opportunity to increase shoe sales by targeting the female runners who were not previously reached out to. They did this through the Nike She Runs campaign, which began in 2012. The campaign involved a series of women only races that kicked off
Words: 1400 - Pages: 6
Topic: Social Responsibility Strategy Name: Course: Instructor’s Name: Date: This is a report on how I would develop a social responsibility strategy for Nike (my client): introduction The company that I am going to develop a social responsibility strategy is the Nike Company that was formed in 1962 by Bill Bowerman and Phil Knight as a result of collaboration of the two to come up with the most sufficient athletic shoes after the dominance of German and cheap Japanese athletic
Words: 1362 - Pages: 6
current deal with Nike are a closely guarded secret, but royalties now generate more than $60 million annually for MJ, according to sources. Nearly 30 years later, the brand is still a marketing juggernaut. It controlled 58% of the U.S. basketball shoe market in 2012” (Badenhausen, 2013). To this day, I still have my collection of Jordan sneakers that I have compiled during the past ten years of my life. Another reason I am passionate about the brand is because 90% of my athletic wear is Nike. Nike
Words: 755 - Pages: 4
Under Armour has failed to really challenge other athletic apparel companies, such as Nike, due in large part to their lack of a women’s product line, an athletic shoe line, and global presence. Bruce Horovitz discusses Under Armour’s shortcomings in his article, “Under Armour races to discover fitness gear.” He states, “Its first shoe line got a black eye, its line of women’s clothing was initially slow to catch on, and for an athletic-wear maker that wants to be taken seriously, it has a miniscule
Words: 3935 - Pages: 16
RECKITT BENCKISER & MDI - GURGAON PRESENT Cherry Blossom Shoe Polish Case Analysis Contest Reckitt Benckiser India Ltd: Cherry Blossom Shoe Polish Introduction In June 2006, the Brand Manager of Cherry Blossom, looked back with some degree of satisfaction to the positive uptrend in the last couple of years to various initiatives taken by the brand team to recoup some of the lost ground. Despite his pre-occupation with the "100 shining years" celebrations going on for this life-touching
Words: 4269 - Pages: 18