Nike Analysis Since being founded in 1962, Nike has grown from a pocket-size fledgling skid retailer into a world-wide corporate giant. During its frame 1 year, gross 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 fair world, there be many opportunities for growth. According to our research, key strategic challenges facing Nike are increased competition from Adidas with their technological shoe, the Adidas cardinal, and a potentially smutty inability to enter a invigorated growth mart such as the extreme sports market.
Our recommendations to help Nike confront these challenges inhabit of go againsting a product to sojourn competitive with Adidas, and in any case an aggressive impel 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 inch 2005 at a cost of...If you want to mother a full essay, order it on our website:
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