Examine a competitor to the ADIDAS brand and explain what you think is a strength/weakness of the the competitor.
NIKE is one of the leading and most prominent brand and competitor of ADIDAS.
The strength of NIKE in comparison with ADIDAS lies in the following:
1. Number of employees: NIKE has around 16000 more employees than ADIDAS.
2. Nike's global revenue in 2018 amounted to 36.4 billion U.S. dollars in comparison to Adidas' (around 3 billion U.S. dollars)
3. NIKE became the official uniform provider of NBA grabbing the deal from ADIDAS.
WEAKNESS :
1. Though sales of Adidas is less than Nike but the sales percentage were up 20% in whereas NIKE observed only 3% increase in sales.
2. Nike lags behind Adidas in understanding current trend. The recent shift in consumers' demand for fashionable shoes were taken up very fast by ADIDAS.
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