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Case Study Of Adidas

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1.Introduction

Adidas is a German international company that designs and produces sportswear and footwear. Over the years Adidas has created a group called the Adidas Group it consists of Reebok, TaylorMade-Adidas company, Ashworth, and Rockport.

2.Research Title
Has Adidas’ planned production increase benefited the company?

3.Statement of Objective

Adidas is focusing primarily on growth, by growing in size Adidas will have the chance to be the market leader, being larger than the top rival Nike. Adidas also wants to “be the first sports company that invites athletes, consumers and partners to be part of its brands. We will open up so that they can co-create the future together with us” as stated by Eric Liedtke Executive Board Member.

4.Discussion

4.1 Market Share

Adidas has been outperforming Nike and Under Armour, Adidas’s top rivals, ever since they attempted to excel on the footwear industry. In 2013 Adidas ‘changed running forever’, by introducing; revolutionary energy, superior cushioning, optimal fit and temperature independence, Adidas releases the Boost technology. The Boost technology …show more content…

During the first months of 2016, Adidas has stated that it will increase its projected currency adjusted sales growth from 10% to 12% to 15%. Additionally, Adidas is confident that the net profit will surpass their previous percentages by at least 10 percent. During the first quarter of 2016, Adidas’ revenue increased 17%. The president of Adidas, Mark King, stated that the reason why the Adidas brand is resonating again is because of footwear sales that skyrocketed 54% (Kell, 2016). There are many different categories that helped to achieve this great percentage, but the category that provided the most help is the running category, with the help of the Ultra Boost, NMD and the Boost technology, which is responsible for more than 30% of the 54%

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