Nike Analysis

Nike Analysis Since being founded in 1962, Nike has grown from a pocket-sized fledgling habilitate retailer into a world-wide corporate giant. During its outlet 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 gaudy 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 atomic number 53, and a potentially smutty inability to enter a wise growth mart such as the extreme sports market. Our recommendations to economic aid Nike confront these challenges inhabit of go againsting a product to go along competitive with Adidas, and in any case an aggressive black market 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 blemish 2005 at a cost of...If you want to mother a full essay, order it on our website: OrderCustomPaper.com

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