Word: nike
(lookup in dictionary)
(lookup stats)
Dates: during 1990-1999
Sort By: most recent first
(reverse)
...Nike is reassessing everything, from the way it sells to retailers to the number of times the famous swoosh appears on products and in advertising. It will try to act smaller by developing categories such as golf, soccer and women's as separate business units. A gentler new ad campaign with the tag line "I Can" will augment--but not replace--"Just Do It." The company is also betting heavily that a new Alpha line of shoes and apparel, to be introduced late this year, will swing momentum back in its favor. "What we have to do is re-energize...
...Nike is no stranger to off years. Knight hobbled the company with a cockamamie expansion strategy in the mid-1980s, and sales skidded in 1994. "There's going to be a down cycle every four or five years," he says. "And our job is to recognize that and keep the downs as shallow...
...problem is that Nike is facing not just one obstacle but a whole teamful of them. The Nike negatives include...
...sporting-goods retail consolidation that has claimed hundreds of stores in the U.S. The survivors, including powerful chains like the Sports Authority, complain that every store is selling the same stuff. Nike, as the biggest shoe supplier, with a 47% domestic market share, suffers most...
Better competition. Once blessed by rivals who couldn't tie their own shoes without risking injury, Nike faces a resurgent Adidas, whose sales increased 92% in North America in the last quarter. True, Reebok could still screw up a one-man 100-m dash, but it is pumping fresh money into shoe technology and advertising. New Balance expects sales to rise 25% this year, and fashion brands such as Tommy Hilfiger are breaking out sneaker lines...