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Swot Analysis : The Adidas Group

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SWOT Analysis on the Adidas Group A SWOT analysis, which stands for strengths, weaknesses, opportunities, and threats, is a vital component of any strategic planning process because it delivers a comprehensive assessment of the company 's current situation and helps develop potential strategies for growth. The objective of the SWOT analysis is to “determine how to increase internal strengths and minimize internal weaknesses while maximizing opportunities and minimizing threats” (Williams, 2015, p. 115). The objective of this paper is to develop a situational analysis of the Adidas Group, as well as a comparative competitive analysis, and lastly identify potential solutions or changes to improve growth potential. Company Background Adidas’ story is much like the athletes it represents: it comes from humble efforts to global greatness. “We started in a wash room and conquered the world”, the company says in the history portion of their website. The adidas Group is an athletic footwear and apparel German multinational, founded in 1949 by Adolf “Adi” Dassler. Its headquarters is situated where it all started, in the small town of Herzogenaurach in Germany. Rachel Chambers, author of the article “A Feud Between Two Brothers Leads to the Three Stripes”, says that During World War I, sports-loving Adi started making shoes out of his mother’s laundry room with a bicycle-powered fabric trimmer (2010). Today, Adidas is the leading sports company in Europe and the second worldwide,

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