Adidas History

There are Cats and Dogs , Coffee and Tea and then there are Nike and Adidas. It is no twist in the story that they are arch rivals. But what is the Plot? Nike and Adidas seemed to have a good and almost equal market initially in the ‘00s. Adidas then dropped the mic with its super popular Y-3 label and signed David Beckham for a lifetime $160m deal while Nike went shopping and came back with Hurley, Converse and Starter for an estimate of $450m. While backstage Current CEO Herbert Hainer took over in 2001 and Nike Co—founder Phil Knight stepped down from CEO a year later. Meanwhile Michael Jordan hung up his sneakers in 2003.

Adidas is a well-known sports company that manufactures shoes, sportswear and accessories. Adolf Dassler in Germany established the company in 1949. Adidas was started in a washroom and over the years triumphed the world. Recently Adidas has been going through a lot of turbulence. In the year 2014 the company stocks went down staggeringly. Adidas recently closed down close to 200 stores in Russia due to deteriorating economy. Nike has been giving Adidas a stiff competition. Adidas definitely need better planning and better leadership to give its competitors a healthy competition.

Which it is having a cushion inside the shoes,and that makes the shoe more comfortable to run with.They used the Olympics players to advertise the Nike shoes. As a result, it made the people buy it.Also made more selling to the shoes.Furthermore the Nike company had an idea of designing the shoes based on the athlete running style. (retrieved 1/1/2017 https://runningtortoiseandhare.wordpress.com/running-shoes/history-of-running-shoes/)

The reason I say reebok is in a unified position is because reebok is a company which focuses on fashion and sports. Unlike many other business entities the face evolution on a much faster pace and higher level. Literally something as simple as a professional athlete switching teams can impact reebok 's bottom line. Reebok faces this both as a business and a sports business entity sometime separately sometime simultaneously. Reebok just as any other business has to face things like competition, culture, demographics, technology, vision, marketing goals, objectives, and strategy but they have to do it twice as both as a business and a sports business entity. Their goal was to basically ensure they were using their tools in the best possible ways to stay ahead of the competition.

Adidas was founded in Germany in 1920.it became an important supplier of footwear after Second World War. Later, it expanded its footwear line to include fringe sports. While Nike is the global leader in athletic shoe market, Adidas is nothing more than the second place in that market because it started its business in the field of soccer shoe market. So, Adidas could not handle the whole athletic shoe market. Later on, Adidas wanted to expand its capability on the shoe market. In order to satisfy the market’s need in depth, Adidas also went for the basketball market.

Nike has started by starting its foundation based on running shoes. However, today Nike has a huge sponsorship with athletics in all major sports. Nike’s huge accomplishment was when they reached a deal with signed Michael Jordan. Soon, Nike released his signature sneaker, Air Jordan 1. Nike accomplished to purchase the original signature basketball sneaker which was the Chuck Taylor All-Star. This product was worn by basketball sensation and hall of fame Magic Johnson. Recently, Nike has solid success of profitable sales growth in its basketball products. Nike sold $340 million worth of its LeBron James sneakers. Also, Nike sold $195 million of Kevin Durant sneakers and $105 million of Kobe Bryant sneakers. Nike soon signed an NBA deal, which

Footwear and apparel have eight categories: running, basketball, soccer, women’s training, men’s training, action sports, sportswear and golf. Equipment refers to bags, socks, sport balls, eyewear, digital devices, etc. The global brands that Nike owns are Jordan Brand, Hurley Brand and Converse Brand, they are very well established. This broad range of products and product types is one of the reasons that Nike has maintained its high position in the market, in that it appeals and has appealed to a larger and more varied selection of customers. Adidas currently has three brands under the Adidas group: Adidas, Reebok and Taylormade; the different brands address the different types of consumers. Both Adidas and Reebok brands have a strong market share. However, Taylormade has a low market share, and therefore is not benefiting Adidas to the full of its potential, especially when compared to Nike’s Converse brand which by itself owns 2% of the brand share of dollars (Figure 1). Under Armour also has a broad range of product differentiation which is broken into four major segments: apparel, footwear, accessories and connected fitness. Despite their broad differentiation, Under Armour does not currently own any brands. Overall, Nike has a broader and more established range and brands that help Nike stay ahead of its

Since being founded in 1962, Nike has grown from a small fledgling shoe retailer into a world-wide corporate giant. During its first year, sales for Nike were $8000, but as of November 30th, annual sales for Nike were over 12 billion dollars. (hoover) Although Nike already dominates the sporting world, there are many opportunities for growth. According to our research, key strategic challenges facing Nike are increased competition from Adidas with their technological shoe, the Adidas One, and a potentially fatal inability to enter a new growth market such as the extreme sports market. Our recommendations to help Nike confront these challenges consist of developing a product to remain competitive with Adidas, and also an aggressive move

Adidas is a sportswear manufacturing company started by Adolf Dassler. Adidas group has incorporated brands including Adidas, Reebok, TaylorMade-Adidas and Rockport. The wings of the company are widespread and have assimiliated other productions including handbags, shirts, spectacles, watches, balls, and sportswear. Adidas is being the largest company that sells footwear in the European market and have achieved a momentous market share at the global platform. Adidas has achieved phenomenal sale and have reached the pinnacle of success on the global scale with other international footwear companies (McDonald & Milne, 1999).

A few years later in 1984 Nike had decided to sign their first signature athlete for basketball, Michael Jordan. Michael Jordan debuted his first ever signature sneaker in 1985, the Air Jordan 1 in a red and black colorway to match his team, the Chicago Bulls, uniform. The Air Jordan 1 was banned by NBA Commissioner David Stern because there wasn’t enough white on the shoe. Jordan continued to wear his shoes anyway and each time he wore them on court he was fined $5,000. Most would think that Jordan being fined was a bad thing but Nike brilliantly used it to their advantage as a promotional tool for their Air Jordan advertisements. Nike would now advertise the Air Jordan 1 saying that it gives you an unfair advantage against opponents. This only drove Nike sales up and to abide by the commissioner’s rule they created a black, red, and white colorway for Jordan to wear for the rest of the 1985-86 season. As Jordan continued to become a better and better player Nike continued to release more and more Air Jordan sneakers. Many say that the Jordan Brand saved Nike and Nike would never be where they are today if Jordan decided to sign with another brand. Jordan’s shoes are known for adding color to the court for the first time and after his signature shoes released other basketball players began to release their own colorful shoes too. Even though Jordan is no longer playing on the court, his legacy is still living on

After all, it’s parent company, Adidas, is often considered as Nike’s major competitor (Grewal, Levy, Lichti, & Persaud, 2015). The important matter is the decline of its brand value, which directly relates to brand loyalty. The decline demonstrates the fact that Reebok is losing its market share and most importantly, customers. This negatively impacts all of its products, including the Reebok Crossfit Nano 7 and the Kids Essential Full-zip Fleece Hoodie. In other words, consumers are unpleased with its

Adidas was founded by Adi Dassler on August 18, 1949 in Herzogenaurach, Germany. Adidas has been in business longer than Nike, they have had their logo since the inception; thus, the three stripes on the side of their shoes. In Spring of 2015, they came out with their new strategic business plan called, “Creating the New”. The focus was on Cities, Speed, and Open Source. According to Herbert Hainer, the CEO at that time stated, “The company is working every day to inspire and enable people to harness the power of sport in their lives (Adidas Group, n.d.). Adidas current competitive strategy is not the same as Nike’s competitive strategy. In October 2016, Kasper Rorsted became Adidas’ current CEO. He believes health and fitness will continue to become a lifestyle not a fad. Furthermore, he wants to expound the three clear strategic choices: Speed, Cities, and Open Source.” They are more focused on the broad target market, a low-cost provider strategy. In March 2017, he updated the focus for Adidas to include “Corporate Culture, Digital, One Adidas, North America and Portfolio.” (Adidas Group, n.d.).

In the beginning, Adidas was an important supplier of German soccer teams after World War II. Later, they changed their strategy to expand their products to “fringe sports,” such as high jumping and bobsledding. By 1990s, Adidas have secured their global sales on soccer footwear. In 1998, Adidas began to focus on the U.S market. By sponsoring some famous basketball players such as Kobe Bryant. By doing so Adidas was able to gain doubled market share.

Adidas Group, as one of the world’s retail leaders in sportswear, has as primary target the sports participants, including high performance athletes, as well as non-athletes who are inspired by those at the highest level of their sport, and those that really love sports as part of their lives.

for the company is nowadays towards teams, global sports events and sport associations (Dogiamis & Vijayashanker, 2009). Adidas can this way connect itself with emotional events in sport; they sponsor the European football championship, the soccer World Cup and the Olympics. They also sponsor national and local teams around the globe (Dogiamis & Vijayashanker, 2009). Adidas has changed their image from just targeting elite athletes and is now more about participation. (Aaker & Joachimsthaler, 2000)