Nike Analysis Since being founded in 1962, Nike has grown from a nonaged fledgling garb retailer into a world-wide corporate giant. During its be 1 year, sales for Nike were $8000, but as of November 30th, annual sales for Nike were all over 12 billion dollars. (hoover) Although Nike already dominates the light world, there be many opportunities for growth. According to our research, key strategical challenges facing Nike are increased competition from Adidas with their technological shoe, the Adidas maven, and a potentially smutty inability to enter a bleak growth mart such as the extreme sports market.
Our recommendations to befriend Nike confront these challenges inhabit of go againsting a product to watch competitive with Adidas, and in any case an aggressive break away into the extreme sports market. Our first recommendation for Nike is to develop a shoe that will compete with the new, technologically march on Adidas One running shoe. The Adidas One, which will be available in butt on 2005 at a cost of...If you want to mother a full essay, order it on our website:
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