Nike and Adidas
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This paper discusses the financial characteristics of 2 specific companies: Nike and Adidas. It looks at how these companies were chosen because they are the respective leaders in the athletic footwear and apparel industry and both are publicly traded making information more easily accessible. It also shows how, because of their size and marketing leading financial performances, these companies are a strong gage of the overall global economy.
From the Paper:"Nike is the acknowledged leading athletic footwear and apparel manufacturer and maintains more than 18,000 retail outlets, independent distributors and resellers around the world in over 140 different countries (Nike, Inc, 2004, p.5). Nike's products are considered high end and Nike's business model depends heavily on its in-house research and design (R&D) department which designs its products while the actual manufacturing process is outsourced to facilities overseas. In this sense Nike is more of a marketing and design firm rather than a manufacturer in the true sense of the word. Nike has its headquarters in Beaverton, Oregon, and continually improves and strengthens its brand primarily through savvy marketing campaigns and superstar athlete endorsements. "
Cite this Comparison Essay:
Nike and Adidas (2005, December 01) Retrieved December 09, 2023, from https://www.academon.com/comparison-essay/nike-and-adidas-85834/
"Nike and Adidas" 01 December 2005. Web. 09 December. 2023. <https://www.academon.com/comparison-essay/nike-and-adidas-85834/>