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Nike vs. Adidas Team Robin Castillo Sirrea Hayes Beth Nichols Ofe Walker
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Mission Statements Nike To bring inspiration and innovation to every athlete* in the world * If you have a body, you are an athlete Adidas To be the leading sports brand in the world *Impossible is Nothing http://www.youtube.c om/watch?v=EPO20Pk SztE http://www.youtube.c om/watch?v=EPO20Pk SztE
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History Nike 1964: Bowerman/Knight 1970: Waffle Iron 1972: Swoosh 1980’s: Sport Celebrity Endorsement & Growth Adidas 1920’s-30’s: Dassler 1954: Soccer 1960: 3-Stripe 1984: Summer Olympics & Mainstream popularity
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Key Leaders Nike Chairman of the Board: Phil Knight CEO Nike: Mark Parker CFO: Don Blair President Nike Brand: Charlie Denson Global Operations: Gary M. DeStefano Adidas CEO Adidas-group: Herbert Hainer Finance Adidas-group: Robin J. Stalker CEO Adidas brand: Erich Stamminger Global Operations Adidas-group: Glenn S. Bennett
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Industry / Products Nike Athletic Shoes Apparel Sports Equipment AccessoriesAdidasFootwearSportswear
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Business Structure NikeNIKE Five Subsidiaries –Cole Haan –Converse –Hurley International –NIKE Golf –Umbro AdidasAdidas Two Subsidiaries –Reebok –TaylorMade
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Market Segments Nike Sport Performance Adidas Sport Style
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Competitive Strategy Nike Premium Price Strategy Sponsorship Agreements Adidas Premium Price Strategy
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Core Competencies NikeAdidas Implementation of Joint Operating Model in Europe
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Distinctive Competencies NikeAdidas
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Competitive Advantages NikeAdidas
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Industry Trends / Key Issues NikeAdidas
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Global Issues NikeAdidas 2009: International Day of Peace 2009: DJSI Winner
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International Ethical Issues NikeAdidas
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Sales Strategy NikeNike.com United States: 25,000 Retailers International: Distributors, Licensees, and Subsidiaries Adidas
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Key Customers NikeAdidas
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Key Competitors NikeAdidasPumaNike
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SWOT- Strengths Nike Swoosh Logo Innovative Technology Focus LIVESTRONG Campaign Niketown Adidas 3-Stripe Logo Purchased Reebok to gain presence in North America Leader in Corporate Responsibility & Sustainability Buyer Loyalty
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SWOT- Weaknesses Nike Male Dominate Executive Board Adidas
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SWOT- Opportunities NikeAdidas Grow Reebok men Continue Partnership Development
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SWOT- Threats NikeAdidas
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Porter’s – Product Substitution NikeAdidas
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Porter’s – Rivalry NikeAdidas
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Porter’s – Buyer Power NikeAdidas
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Porter’s – Supplier Power Intense competition among suppliers keeps manufacturing costs low
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Porter’s – Threat of Entry NikeAdidas
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Financial Analysis NikeAdidas
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Ratio: 2 NikeAdidas
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Ratio: 3 NikeAdidas
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Ratio 4 NikeAdidas
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Acquisitions Nike 2008: Umbro Adidas 2005: Reebok
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Divestitures Nike 2007: Starter to Iconix Brand Group 2008: Bauer Hockey to Kohlberg & Co Adidas
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Current Events NikeAdidas
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Sustainability NikeAdidas
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Strategy/Strategic Changes Nike 2007: LIVESTRONG Challenge http://www.youtube.co m/watch?v=RDfCTJQ TpXs http://www.youtube.co m/watch?v=RDfCTJQ TpXs 2009: Profitable Stock Split 2 for 1 Adidas 2009: Business Realignment 2009: Sold $15.7 million shares of stock
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Recommendations NikeAdidas
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M NikeAdidas
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Bibliography Adidas – Impossible is Nothing. (2006, May 10). YouTube video posted by sktube. Retrieved November 27, 2009 from http://www.youtube.com/watch?v=EPO20PkSztE http://www.youtube.com/watch?v=EPO20PkSztE Fredeen, B. (2000, Feb. 1). Knowing Nike’s Customers. Retrieved November 18, 2009, from Fool.com. LIVESTRONG Challenge 2007 Video. (2007, June 1). YouTube video posted by livestrongarmy. Retrieved November 27, 2009, from http://www.youtube.com/watch?v=RDfCTJQTpXs http://www.youtube.com/watch?v=RDfCTJQTpXs
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