Word: adidases
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The Swoosh sits atop the page, reminding kids that Nike lets you wish happy birthday to your "Joga Friend" from Sweden. "That goes way beyond somebody saying, 'Oh, yeah, I saw a commercial,'" says Trevor Edwards, Nike's vice president for global brand marketing. "Gone are the days where you...
On the field, though, Adidas has scored with product innovation, and after all, it's the boots that boost the bottom line. In March the company launched the +F-50 Tunit, a soccer shoe that allows players to mix and match three different components--the main body, or upper; the...
The early returns are positive. In the U.S., Adidas' soccer-footwear sales are up 23% over last year. Globally, Adidas "has production problems right now, demand [for the Tunit] is so high," says Klaus Filbry, head of soccer for Adidas America. A starter kit, including one set of uppers, an...
Although the Tunit should help Adidas, some investors fear that getting a much larger shoe to fit could distract the company from pressing the advantage in soccer: its $3.8 billion purchase of Reebok, the struggling Canton, Mass., sporting-goods company. Although the merger helps Adidas gain market share and nudge...
Turning Reebok (2005 sales: $3.8 billion) around is a daunting task, one that some feel Adidas shouldn't have taken on. "Reebok is a brand you can probably develop, but it's going to cost time, and it's going to cost money," says Joerg-Philipp Frey, an analyst at...