Adidas History 1 Essays

1851 Words Apr 26th, 2012 8 Pages
Adidas History Adidas was founded in 1924 in Germany by two bothers Adi and Rudolf Dassler. The company was first named Dassler shoes and later became Adidas. By the Dassler shoes being seen in the Olympics this really helped the company get its name known. However, in 1948 Rudolf Dassler leaves to start his own company which is now known as Puma. Once Rudolf left his brother came up with the famous three stripes logo and changed the name to Adidas. The 3 stripes were created to keep the foot stable, but ended up being the logo. Throughout the years Adidas was seen in the Olympics, and it was the leading brand making their shoes highly sought after by Olympic athletes. In 1978, Adi Dassler passed at age 78 and his wife Kathe ran …show more content…
The principle consumption centers namely the metros are also a potential target market! MARKET NEEDS

• Comfort

• Durability

• Style

• Price

• Brand

SITUATION ANALYSIS OF THE CHALLENGE COMPETITIVE SCOPES OF
ADIDAS

Porter’s five forces of competition framework view the profitability of an industry as determined by the five forces of competitive pressure. It is a simple but powerful tool for understanding where power lies in a business situation. It helps a firm in understanding its current strength in the industry. It also brings into light the strengths of the competitors. With a clear understanding of where power lies, a firm can take reasonable advantage of a situation of strength, improve a situation of weakness, grab the opportunities and keep away from taking wrong steps. This makes it an important part of planning a strategy for any firm in any industry. At the same time, the tool helps in identifying whether new products, services have any future prospect and the potential to be profitable. (Scribd)
Five forces analysis for Adidas:
Threat of entry (Low-moderate)
Threat of Substitute (LOW)
Supplier Power (Low)
Buyer Power (High)
Rivalry (HIGH)

Chapter 3 book page 60

Expectation of Suppliers

Global Sourcing is a key organization of the adidas Group and its primary responsibility is the creation and implementation of sourcing strategy, supporting the diverse needs of all the

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