Nike vs. Adidas Team Robin Castillo Sirrea Hayes Beth Nichols Ofe Walker 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 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 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 Industry / Products Nike Athletic Shoes Apparel Sports Equipment Accessories Adidas Footwear Sportswear Sports Equipment Business Structure Nike NIKE Five Subsidiaries – – – – – Cole Haan Converse Hurley International NIKE Golf Umbro Adidas Adidas Two Subsidiaries – Reebok – TaylorMade Market Segments Nike Sport Performance Adidas Sport Performance Sport Style Competitive Strategy Nike Premium Price Strategy Sponsorship Agreements Adidas Premium Price Strategy Core Competencies Nike Adidas Implementation of Joint Operating Model in Europe Distinctive Competencies Nike Adidas Competitive Advantages Nike Adidas Industry Trends / Key Issues Nike Adidas Global Issues Nike Adidas 2009: International Day of Peace 2009: DJSI Winner International Ethical Issues Nike Adidas Sales Strategy Nike Nike.com United States: 25,000 Retailers International: Distributors, Licensees, and Subsidiaries Adidas Key Customers Nike Adidas Key Competitors Nike Adidas Puma Nike 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 SWOT- Weaknesses Nike Male Dominate Executive Board Adidas Male Dominate Executive Board SWOT- Opportunities Nike Adidas Grow Reebok men Continue Partnership Development SWOT- Threats Nike Adidas Porter’s – Product Substitution Nike Adidas Porter’s – Rivalry Nike Adidas Porter’s – Buyer Power Nike Adidas Porter’s – Supplier Power Intense competition among suppliers keeps manufacturing costs low Porter’s – Threat of Entry Nike Adidas Financial Analysis Nike Adidas Ratio: 2 Nike Adidas Ratio: 3 Nike Adidas Ratio 4 Nike Adidas Acquisitions Nike 2008: Umbro Adidas 2005: Reebok Divestitures Nike Adidas 2007: Starter to Iconix Brand Group 2008: Bauer Hockey to Kohlberg & Co Current Events Nike Adidas Sustainability Nike Adidas Strategy/Strategic Changes Nike 2007: LIVESTRONG Challenge 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 Recommendations Nike Adidas M Nike Adidas 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 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 Bibliography