Executive Summary:

The purpose of this assignment is to learn about strategy and strategic management by comparing the
strategies of two companies from the same industry. The strategies of Nike and Adidas have been
compared from the textile industry. Nike and Adidas both specialize in footwear, apparel and accessories
and their competition is intense as Nike is the market leader and Adidas is the market challenger. The
topics in this assignment cover critical incidents of both Nike and Adidas that occurred in the past and the
comparison between both their strategies as well their future plans. This assignment shows us the
influence the strategy has on the success or failure of companies and how companies craft sustainable
strategies that help them to retain their position in the market.

Table of Contents
Page

1.0 Introduction

2.0 Literature review

3.0 Backgrounds of Nike and Adidas

3.1 Company overview of Nike

3.2 Company overview of Adidas

4.0 Critical Incidents that occurred in the past

4.1 Critical incidents that affected Nike

4.2 Critical incidents that affected Adidas

5.0 Comparison of the strategies of the companies

5.1 Strategies of Nike

5.2 Strategies of Adidas

5.3 Comparison of the strategies of Nike and Adidas

11

6.0 Future plans of Nike and Adidas

13

7.0 Conclusion

14

8.0 List of references

14

9.0 Bibliography

17

List of figures:
Page
Nike logo

Adidas logo

Air Jordan

Products of Nike in the BCG Matrix

Adidas Samba

German National Team wearing Adidas in the 1954 football world cup

Products of Adidas in the BCG Matrix

Copa Mundial

Adidas Predator Mania

Fig.1) Cristiano Ronaldo

Fig.2) Michael Jordan

Fig.3) Tiger Woods

Fig.4) Zinedine Zidane

10

F.g.5) Kaka

10

Fig.6) Kobe Bryant

10

Adidas Trefoil logo

11

Worlds largest LED by Nike

12

Adidas adiPURE III

13

Nike Tiempo Elite

13

1.0 Introduction:
Johnson, Scholes and Whittington (2005, p.9) defines strategy as the way in which an organisation plans
to use its resources effectively in order to gain a competitive advantage over the long term. In other words
the carefully planned guidelines that organisations follow, which differentiates them from other
organisations. Mirow (2005,p.10) suggests that strategy of Amazon.com,Inc., a multinational electronic
commerce company headquartered in Seattle, focused on providing customers with low price,
convenience and a wide selection of merchandise. They focused on this strategy and started their website
in 1995 as an online book retailer. They slowly expanded their products and are currently an online
shopping website with the largest product supplies online earning revenues in billions. Hence we can see
how important strategy is for the success of an organisation. There are three levels of strategy, which are
corporate level, business level and functional level strategy. Strickland and Thompson (2003, pp.50, 55
and 56) suggests that the corporate level strategy is the strategy which is determines the overall purpose
and prospect of an organisation and reflects on how to add value to different parts of the organisation. The
business level strategy provides guidelines on how to excel competitors or survive in a particular market
and the functional strategy is the contribution made by the resources, people and processes to the business
and corporate level strategies. Companies strive with their strategies in order to become the leader in their
specific industry or market. Nike and Adidas are the top two competitors in the footwear, apparel and
accessories segment of the textile industry. The focus of the latter part of this report is on how these
competitors compete with each other using their strategies.
2.0 Literature review:
In order to fully understand about strategy, it is mandatory to know about the five generic competitive
strategies. The five generic strategies according to Strickland and Thompson (2003, p.150) are low-cost
provider strategy, in which the organisation provides goods or service at a low cost, broad differentiation
strategy, in which the organisation differentiates its products or services making it appeal to a vast range
of customers, best-cost provider strategy, in which the organisation provides goods or services of high
quality making it worth the amount they are charging which is lower than their competitors, a focused
strategy based on lower cost, in which the organisations focus on a narrower buyer segment and provides
them their goods or services at a lower cost than its competitors and focused strategy based on
differentiation, in which the organisation focuses on a narrower buyer segment and produces product
customized according to their needs.

3.0 Backgrounds of Nike and Adidas:

[IMAGE URL: http://digestingdesign.wordpress.com/tag/nike/]

3.1 Company overview of Nike
According to (www.nikebiz.com) NIKE,Inc. was founded in 1972 by Phil Knight and Bill Bowerman. It
designs, markets and distributes athletic footwear, apparel, equipment and accessories for a vast range of
sports and fitness activities and are currently the worlds leading company in the athletic footwear,
apparel and accessories segment in the textile industry. It is based in Beaverton,Oregon and has
subsidiaries such as Cole Haan, which designs, markets and distributes luxury items such as shoes,
handbags and coats. Their subsidiaries also include Converse,Inc. and Hurley International LLC and
Umbro,Ltd. The revenue of Nike,Inc. as at May 2010 is around US$ 19014 million according to
(www.biz.yahoo.com).

[IMAGE URL: http://www.soccercleats101.com/2009/10/07/adidas-predator-x-get-ready/]

3.2 Company overview of Adidas Group:
According to (www.adidas-group.com) Adidas, founded in 1949 by Adofl Dassler, is a sports apparel
manufacturing company. Starting with athletic footwear such as running shoes and soccer shoes, they
currently manufacture a wide range of products such as bags, watches, shirts and accessories. They are
the second largest sportswear manufacturer, behind Nike,Inc. Adidas Group is made up of three
companies, Reebok, TaylorMade Adidas Golf company and Rockport. The revenue of Adidas as at May
2010 is 14878 US$ Million according to (www.biz.yahoo.com).

4.0 Critical Incidents that occurred in the past:

4.1 Critical incidents that affected Nike:
Nike, Inc. had gone through various incidents which had an impact on their success. According to
Dermesropian, Drage, Grigaite and Lopez (2004,p.3) in 1972, Nike persuaded marathon runners at
Olympic Tracks to wear their shoes which was an innovative strategy as it resulted in strong advertising
when some of the runners were the top finishers and popularity of Nike continued to grow throughout the
70s. In 1979 Nike had 50% of the US running shoe market. In 1988 Nike introduced their famous slogan
Just do it and acquired a company called Cole Haan. They sponsored many famous athletes such as
Michael Jordan, a famous basketball player and Tiger Woods, an excellent young golf player. During
1992 Nike acquired Canstar sports which included the hockey equipment maker Bauer and opened its
first Niketown store. In early 1995 Nike acquired a license to put its logo on NFL uniforms which
resulted in strong marketing.

Air Jordan [IMAGE URL: http://www.myairshoes.com/air-jordans/air-jordan-xx3-officiallyunveiled.html]

They launched a new brand called Jordan, in 1997, which was influenced by the famous basketball player
Michael Jordan and one of the most famous shoes of that brand were called Air Jordan. Some incidents
harmed Nike during 1998 as they had to cut 1,200 jobs due to the fall of sales in Asia and the demand of
athletic shoes fell in 1999. Nike wanted to diversify and in the year 2000 they shifted a little towards the
technological and electronic sector and introduced athletic electronics, which included MP3 players, heart
monitors, and two-way radios.

Products of Nike in the BCG matrix [IMAGE URL: http://www.robmillard.com/archives/BCG

%20Matrix%20Big1.html]
They opened their first Nikegoddess store in California in 2001. They acquired Hurley International, a
distributor of action sports apparels and lost their license to put their logos on NFL uniforms to Reebok in
2002. In 2003 they acquired one of their competitors called Converse but it continued to operate
independently in order to sustain the brands popular name.

4.2 Critical incidents that affected Adidas:

Adidas also faced various occurrences in order to attain the title of the second largest athletic footwear
sportswear and accessories manufacturer.

Adidas Samba [IMAGE

URL:http://www.bestshoesmen.com/adidas.Men.Samba.Classic.Soccer.Shoe/detail.html ]

According to (www.adidas-group.com) Adidas registered as a company in 1949 with the three stripes logo
as their trademark. (www.footballshirtculture.com) explains that in the year 1950 they produced the
Samba all-round soccer shoes which are even now considered to be the best classic training shoe today.
One of the biggest successes of Adidas was in 1952 when it was the most common shoe brand worn at the
Olympic Games held in Helsinki. They made the first track shoes with removable spikes. Emil Zatopek,
in Adidas shoes, won three gold medals in one week creating a huge impact on the image of the brand.

German National Team wearing Adidas in the 1954 football world cup [IMAGE URL:
http://soccernet.espn.go.com/world-cup/feature?id=696762&cc=4716&ver=global]
In 1954 Adidas became famous all over the world as the German national team was victorious in the
football world cup for the first time, wearing Adidas shoes with screw-in spikes. In 1955 Adidas came up
a shoe with exchangeable spikes which became very popular among the high jumpers. In 1964 Billy Mills
won the mens 10,000 meters wearing the new Adidas shoe which was considered the lightest shoe
weighing 135 grams. In 1969 Adidas produced the worlds first injection molded multi stud soles of
polyurethane, which gave a one year guarantee on the soles. Adidas began production of balls in 1961 and
in 1970 their football was the official ball of the football world cup. In 1971 the famous Fight of the
century where Muhammad Ali and Joe Frazier fought with each other, both of them wore special boxing
shoes designed by Adidas.

Products of Adidas in the BCG Matrix [IMAGE URL: http://www.robmillard.com/archives/BCG

%20Matrix%20Big1.html]

Adidas Copa Mundial [IMAGE URL: http://www.footballbootroom.com/Adidas-Copa-Mundial]

In 1979, Adidas produced Copa Mundial, which even today is still the worlds best selling soccer shoe.
In 1986 Adidas introduced Azteca, the first synthetic world cup matchball in the world. However, in 1993
Adidas took over Sports Inc., a US based sports marketing company and Adidas was loosing US$100
million a year. Robert Louis Dreyfus had become the new president of Adidas and he downsized the
German staff and went subcontracting to China. Adidas once had 70% market share in the US and it fell
to 2% in 1993. In 1994 Adidas made a comeback by producing the revolutionary soccer shoe called the
Predator during the soccer world cup in the USA. They went public in 1995 and acquired the Salmon
Group which consisted of the brands TaylorMade, Mavic and Bonfire in 1997. The new company is
named Adidas-Salmon AG. They were the first sporting goods company to chosen as the official sponsor
of a soccer world cup in 1998 when they sponsored the 1998 FIFA World cup in France.

Adidas Predator Mania [IMAGE URL: http://www.produktenews.ch/newsflashartikel.cfm?

key=179710]
In March 2002 Adidas launched ClimaCool a footwear with a ventilation system and introduced the new
Predator Mania boots and jerseys with the dynamic layering concept in the 2002 FIFA world cup with
their own official ball called the Fevernova. They sold over 6 million footballs and more than 1.5 million
jerseys and half a million of the Predator Mania that year. In 2006 Adidas became the official partner,
supplier and licensee for the FIFA world cup to be held in 2006, 2010 and 2014. They acquired Reebok
International in the same year.

5.0 Comparison of the strategies of the companies:

5.1 Strategies of Nike:
In order to become the worlds leading designer, marketer and distributor of athletic footwear, apparel
and accessories, Nike followed many strategies. Their corporate level strategy, according to
Dermesropian, Drage, Grigaite and Lopez (2004,p.15) is their focus on innovation and emphasis on their
research and development department in order to be profitable in the long run and they do their best to
produce footwear, apparel and athletic equipment that reduce or eliminate injury, help in athletic
performance and maximize comfort. They continue to expand their operation in the USA, Asia Pacific,
Europe, Middle East, Africa and the American regions trying to reach as many customers as possible.
Their business level strategy is a combination of the best cost provider and broad differentiation strategy,
but more emphasis is put on the best cost provider strategy. They rely heavily on strategic outsourcing and
most of their products are manufactured outside the United States. One of the main reasons behind their
success following the cost leadership strategy is their extensive network structure that allows them to
cancel their alliance with any company that fails to maintain their standards. They work very closely with
their suppliers which allow them to produce their goods at a very low price and of superior quality with
the newest technology which makes them the market leader and the rest have to try producing similar
goods close to their standard in order to survive in the market. They work very hard in their marketing
strategies and which one of the primary reasons behind its success.

Fig.1

Fig.2

Fig.3

Players who wear Nike

Fig.1) Cristiano Ronaldo [IMAGE URL: http://s702.photobucket.com/albums/ww24/bleedingblue97/?
action=view&current=Cristiano_Ronaldo_Manchester_United.jpg&newest=1

Fig.2) Michael Jordan [IMAGE URL: http://www.ionlinephilippines.com/2009/12/michael-jordan-lookalike-michael-jordan-imposter-video/]

Fig.3) Tiger Woods [IMAGE URL: http://www.dailyworldbuzz.com/tiger-woods-still-has-support-ofnike-gatorade-and-gillette/4970/]
Nike hired famous basketball player Michael Jordan, tennis player Serena Williams and Tiger Woods who
signed a seven year contract in order to be the spokesperson of Nike. In 2003 they spent around US$ 32.4
million on Net TV commercials and another US$ 39.8 for magazine ads. In order to become the market
leader one has to follow a rigid and innovative strategy but to remain as the market leader the strategy has
to be sustainable. According to (www.bizjournals.com) on a report published by Nike, suggest that they
have planned five major programs in order to keep their corporate level strategy sustainable. In order to
sustain in the long run Nike is now emphasizing more on the concerns about global warming. They have
decided to focus more on their product design process, eliminating toxics and wastes wherever possible,
start a GreenXchange web marketplace to share intellectual property which have been designed to act as a
catalyst in green development, establish a lean manufacturing and human resource management in order
to acquire a more equitable supply chain, establish a social program which combines education and
sports programs for the third world countries and establish a new group call the Business for Innovative
Climate and Energy Policy.

5.2 Strategies of Adidas:

The strategies of both these sports giants are very similar but Adidas focuses more the broad
differentiation strategy. According to (www.adidas-group.com) the corporate level strategy of Adidas
also focuses on innovation, trying to produce new products, services and processes in order to cope up
with the competition.

In 2009 the Adidas Group strategically decided to move from a vertically

integrated brand structure into a functional multi-rand structure for the Reebok and Adidas brands. This
created a global sales function which were responsible for commercial activities and a global brands
function which were responsible for the marketing of both brands. The global sales function was also split
into two departments, wholesale and retail, which catered to the various needs of both these business
models. This was done in order to sustain their corporate level strategy for the long run so that these
divisions could emphasize and work hard in their respective departments in order to make the most of
their efforts. This led to the elimination of regional headquarters and moved towards more direct
communication between the local markets and the global functions.

They implemented a multi-brand strategy by having a diverse brand portfolio which allowed them to cater
all segments of the market from players to almost everyone. This helped them to keep a unique identity
and concentrate on their core competencies.
Adidas focused their investments in the best marketing and distribution channels in different countries by
critically evaluating the consumer buying behaviors and their constant struggle to secure prime shelf
space. They have also embraced e-commerce in order to become more efficient and appeal to more
customers and make purchasing much more easily accessible for them. Their supply chain is closely
communicated and hence it helps them to customize their products which appeal to a wide range of
customers. The organizational culture of Adidas group obligates employees to be innovative. This culture
forces them to produce goods which are highly innovative and with the use of the latest technology their
products have a very good quality. According to (ar2001.adidas-salomon.com) using latest technologies
they produce products which enhances performances of players and they focus on sports such as football,
tennis, basketball and even training shoes which are used by anyone with the ability to run. Their new
technologies have lead to the production of Climacool, a shoe with a ventilation system and a 3 a shoe with
an energy management system that guides and drives an athletes foot through each stride.

Fig.4

Fig.5

Fig.6

Famous players who wear Adidas

Fig.4) Zinedine Zidane [IMAGE URL: http://s670.photobucket.com/albums/vv70/tomdavies99/?
action=view&current=09_zinedine_zidane_dpa_300.jpg&newest=1]

Fig.5) Kaka [IMAGE URL: http://soccerpitch.co.za/tag/real-madrid/]

Fig.6) Kobe Bryant [IMAGE URL: http://family-fitness.mattters.com/2010/7/2/couldnt-wait]

Adidas Trefoil logo [IMAGE URL: http://free-extras.com/images/adidas_logo-658.htm]

Adidas has world class players who wear their products such as Zinedine Zidane of France, Alessandro
Del Piero of Italy and Kobe Bryant an NBA champion who is a style icon for basketball lovers. They also
concentrate on their classic items, reintroduce and redesign them under their Trefoil logo.

5.3 Comparison of the strategies of Nike and Adidas:

According to (http://comparisonz.com) Nike and Adidas have almost similar strategies but different
implementation methods. Both the companies concentrate heavily on technology and strive to produce
new and innovative products. Nike focuses on the American markets whereas Adidas focuses on the
European market. Nike does not have any production plants as they only design, distribute and market
their products and hence they outsource to various countries in Asia, mainly Taiwan and Korea, which
outsource their production to China, Indonesia and Vietnam. Adidas on the other hand, carry out all their
production in Germany and recently has adopted Nikes outsourcing policy by outsourcing to Asian
countries. Nike and Adidas both follow a premium pricing strategy which according to Kotler (2003,
p.272) is a strategy where companies charge a premium price for their products. Their competition is
always intense and according to Anderson (2010) during the world cup 2010 Nike launched the popular
write the future, three minute advertisement featuring world cup stars which was a major hit on
Youtube and Adidas replied with their two minute video with celebrities like Snoop Dogg and Daft Punk
into a famous scene from the movie Star Wars. Nike sponsored nine teams whereas Adidas sponsored 12
teams.

Worlds Largest LED by Nike [IMAGE URL:

http://johannesburgbc.ning.com/profiles/blogs/nikefootball-delivers-the]

Even though Adidas was the official sponsor of the World cup 2010, Nike attached an LED display to a
30 story skyscraper in Johannesburg where soccer fans could write short messages using popular social
networking websites such as Twitter and Facebook and Nike put up 100 messages on the side of the walls
every night.

Adidas adiPURE III

Nike Tiempo Elite

[IMAGE URL: http://soccerlens.com/shirts/nike-vs-adidas-buying-football-shoes-in-2010/6410/]

Umair (2010) compares the constant rivalry between Nike and Adidas using their products. During the
world cup Nike launched an Elite series for the 2010 world cup called Nike Tiempo Legend Elite which
had customized shoes worn by famous football players such as Christiano Ronaldo and Cesc Fabregas.

Adidas on the other hand, launched a new collection called Adidas Adipure for the world cup 2010 which
also had customized shoes worn by famous players such as Kaka and Lionel Messi. In soccer Adidas
shoes are worn by famous players such as Zinedine Zidane, Kaka and Lionel Messi, whereas Nike shoes
are worn by Christiano Ronaldo, Wayne Rooney and the original Ronaldo. In basketball Nike shoes have
been used by Michael Jordan and Adidas shoes have been worn by Kobe Bryant.
6.0 Future Plans of Nike and Adidas:
It is easy to become the market leader or the market challenger for organisations but sustainability is the
primary concern and hence organisations focus of the sustainability by coming up with strategies that will
make their position sustainable in the long run. According to (www.environmentalleader.com) Nikes
future plans are to focus on the environment and production of eco friendly products. They mentioned in
their 2005 and 2006 Corporate Responsibility Report that they will become carbon neutral by 2011 by
reducing their Caron Dioxide emissions. They have decided to design all Nike brand footwear in ways
through which they can reduce waste production during product design and packaging. They will
eliminate the use of volatile organic compounds and use more environmental friendly material in their
products and be carbon neutral by 2011. Adidas on the other hand became the official sportswear partner
of the London 2012 Olympic Games. The London Organising committee for the Olympic Games and
Paralympic Games (LOGOC) has few regulations which all of its partners are obligated to follow. These
obligations are focused towards the environment. Adidas, being a partner of LOGOC has to follow all
these regulations as their future plans are to be the official sponsor of almost all major events in the world,
and in order to achieve this goal their strategy is to produce environment friendly goods as well. They
have to ensure that all their products are produced with environment friendly materials, which would
protect the human health and the environment and their packaging should also be produced with materials
that can be recycled. Hence we can see that both the future plans of Nike and Adidas are quite similar.

7.0 Conclusion:
The main element that determines an organisations success or failure is the strategy it follows. Any
industry is vast and the competition is also fierce and in order to survive in the competition organisations
must devise innovative strategies. Nike and Adidas have started their journey decades ago and they have
struggled but sustained their positions; Nike as the market leader and Adidas as the market challenger.
Various incidents have occurred in the past to both the companies which were both good and bad, but it
was the strategies that helped them survive and sustain their positions. The strategies of both these
companies are quite similar and Adidas is not far behind from Nike, but any small mistake by Nike, might
make them the market challenger and Adidas the market leader. Nike has to be very careful while
implementing their strategies because Adidas is very close to becoming the market leader. Nikes initial
strategy of being just the product designer, distributor and marketer gave them the competitive edge
against Adidas, because their investments were low compared to Adidas as they have production plants,
but Nike should be very careful to sustain their market position.

8.0 List of references:

Books:

Johnson,G., Scholes,K. and Whittington,R.(2005) Exploring Corporate Strategy: Text and Cases.
Seventh Edition. Prentice Hall.

Thompson,A.A., and Strickland,A,J.(2003) Strategic Management Concept and cases. 13 th

edition. McGraw Hills.

Kotler,P. ( 2003)Marketing Management, Eleventh Edition, Pearson Education.

Websites:

(2010) NIKE, Inc. Company Profile, [URL:http://biz.yahoo.com/ic/14/14254.html] (accessed: 29

August 2010)

(2009) Adidas Group History, [URL:http://www.adidasgroup.com/en/ourgroup/history/history.aspx] (accessed: 29 August 2010)

(2010) Nikebiz: Company Overview, [URL:http://www.nikebiz.com/company_overview]/

(accessed: 29 August 2010)

(2010) Adidas AG Company Profile, [URL:http://biz.yahoo.com/ic/92/92632.html] (accessed: 29

August 2010)

(2010) The history of Adidas,

[URL:http://www.footballshirtculture.com/2006102796/history/adidas-football-shirt-history.html]
(accessed: 29 August 2010)

(2010) Strategy, [URL:http://www.adidas-group.com/en/ourgroup/strategy] (accessed: 29 August

2010)/

Strategy: Adidas, [URL:http://ar2001.adidas-salomon.com/adidassalomon2001/strat_adidas/]

(accessed: 29 August 2010)

(2010) Nike vs. Adidas Compare Side by Side,

[URL:http://comparisonz.com/comparisons/100305/nike-vs-adidas]/ (accessed: 29 August 2010)

(2009) Adidas: 2009 Sustainability review, [URL:http://ser2009.adidasgroup.com/suppliers/3_4.html] (accessed: 29 August 2010)

Articles:

(2010) Nike plans to be Carbon neutral by 2011,

[URL:http://www.environmentalleader.com/2007/05/31/nike-plans-to-be-carbon-neutral-by2011] (accessed: 29 August 2010)

Umair,A.(2010) Nike vs Adidas Buying football shoes in 2010,

[URL:http://soccerlens.com/shirts/nike-vs-adidas-buying-football-shoes-in-2010/6410] (accessed:
29 August 2010)/

Anderson,A.(2010) Nike vs Adidas: The battle for buzz in the World cup,
[URL:http://www.bizmology.com/2010/06/25/nike-vs-adidas-the-battle-for-buzz-in-the-worldcup] (accessed: 29 August 2010)

(2010) Nike detail sustainable strategy Portland Business Journal,

[URL:http://www.bizjournals.com/portland/stories/2010/01/18/daily53.html] (accessed: 29
August 2010)

Mirow,M.(2005) Strategies to Achieve Market Leadership: The Example of Amazon,

[URL:http://preibusch.de/documents/PreibuschS_FleckensteinM_Amazon.pdf] (accessed: 29
August 2010)

Images :

Nike Logo [IMAGE URL: http://digestingdesign.wordpress.com/tag/nike/]

Adidas Logo [IMAGE URL: http://www.soccercleats101.com/2009/10/07/adidas-predator-x-getready/]

Air Jordan [IMAGE URL: http://www.myairshoes.com/air-jordans/air-jordan-xx3-officiallyunveiled.html]

Products of Nike in the BCG matrix [IMAGE URL: http://www.robmillard.com/archives/BCG

%20Matrix%20Big1.html]

Adidas Samba [IMAGE

URL:http://www.bestshoesmen.com/adidas.Men.Samba.Classic.Soccer.Shoe/detail.html ]

German National Team wearing Adidas in the 1954 football world cup [IMAGE URL:
http://soccernet.espn.go.com/world-cup/feature?id=696762&cc=4716&ver=global]

Products of Adidas in the BCG Matrix [IMAGE URL: http://www.robmillard.com/archives/BCG

%20Matrix%20Big1.html]

Adidas Copa Mundial [IMAGE URL: http://www.footballbootroom.com/Adidas-Copa-Mundial]

Adidas Predator Mania [IMAGE URL:

http://www.produktenews.ch/newsflashartikel.cfm?key=179710]

Fig.1) Cristiano Ronaldo [IMAGE URL:

http://s702.photobucket.com/albums/ww24/bleedingblue97/?
action=view&current=Cristiano_Ronaldo_Manchester_United.jpg&newest=1

Fig.2) Michael Jordan [IMAGE URL: http://www.ionlinephilippines.com/2009/12/michaeljordan-look-alike-michael-jordan-imposter-video/]

Fig.3) Tiger Woods [IMAGE URL: http://www.dailyworldbuzz.com/tiger-woods-still-hassupport-of-nike-gatorade-and-gillette/4970/]

Fig.4) Zinedine Zidane [IMAGE URL: http://s670.photobucket.com/albums/vv70/tomdavies99/?

action=view&current=09_zinedine_zidane_dpa_300.jpg&newest=1]

Fig.5) Kaka [IMAGE URL: http://soccerpitch.co.za/tag/real-madrid/]

Fig.6) Kobe Bryant [IMAGE URL: http://family-fitness.mattters.com/2010/7/2/couldnt-wait ]

Worlds Largest LED by Nike [IMAGE URL:

http://johannesburgbc.ning.com/profiles/blogs/nikefootball-delivers-the]

Adidas adiPURE III and Nike Tiempo Elite [IMAGE URL: http://soccerlens.com/shirts/nike-vsadidas-buying-football-shoes-in-2010/6410/]

Adidas Trefoil logo [IMAGE URL: http://free-extras.com/images/adidas_logo-658.htm]

9.0 Bibliography:
Books:

Johnson,G., Scholes,K. and Whittington,R.(2005) Exploring Corporate Strategy: Text and Cases.
Seventh Edition. Prentice Hall.

Thompson,A.A., and Strickland,A,J.(2003) Strategic Management Concept and cases. 13 th

edition. McGraw Hills.

Kotler,P. ( 2003)Marketing Management, Eleventh Edition, Pearson Education.

Websites:

(2010) NIKE, Inc. Company Profile, [URL:http://biz.yahoo.com/ic/14/14254.html] (accessed: 29

August 2010)

(2009) Adidas Group History, [URL:http://www.adidasgroup.com/en/ourgroup/history/history.aspx] (accessed: 29 August 2010)

(2010) Nikebiz: Company Overview, [URL:http://www.nikebiz.com/company_overview]/

(accessed: 29 August 2010)

(2010) Adidas AG Company Profile, [URL:http://biz.yahoo.com/ic/92/92632.html] (accessed: 29

August 2010)

(2010) The history of Adidas,

[URL:http://www.footballshirtculture.com/2006102796/history/adidas-football-shirt-history.html]
(accessed: 29 August 2010)

(2010) Strategy, [URL:http://www.adidas-group.com/en/ourgroup/strategy] (accessed: 29 August

2010)/

Strategy: Adidas, [URL:http://ar2001.adidas-salomon.com/adidassalomon2001/strat_adidas/]

(accessed: 29 August 2010)

(2010) Nike vs. Adidas Compare Side by Side,

[URL:http://comparisonz.com/comparisons/100305/nike-vs-adidas]/ (accessed: 29 August 2010)

(2009) Adidas: 2009 Sustainability review, [URL:http://ser2009.adidasgroup.com/suppliers/3_4.html] (accessed: 29 August 2010)

Articles:

(2010) Nike plans to be Carbon neutral by 2011,

[URL:http://www.environmentalleader.com/2007/05/31/nike-plans-to-be-carbon-neutral-by2011] (accessed: 29 August 2010)

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[URL:http://soccerlens.com/shirts/nike-vs-adidas-buying-football-shoes-in-2010/6410] (accessed:
29 August 2010)/

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Images:

Nike Logo [IMAGE URL: http://digestingdesign.wordpress.com/tag/nike/]

Adidas Logo [IMAGE URL: http://www.soccercleats101.com/2009/10/07/adidas-predator-x-getready/]

Air Jordan [IMAGE URL: http://www.myairshoes.com/air-jordans/air-jordan-xx3-officiallyunveiled.html]

Products of Nike in the BCG matrix [IMAGE URL: http://www.robmillard.com/archives/BCG

%20Matrix%20Big1.html]

Adidas Samba [IMAGE

URL:http://www.bestshoesmen.com/adidas.Men.Samba.Classic.Soccer.Shoe/detail.html ]

German National Team wearing Adidas in the 1954 football world cup [IMAGE URL:
http://soccernet.espn.go.com/world-cup/feature?id=696762&cc=4716&ver=global]

Products of Adidas in the BCG Matrix [IMAGE URL: http://www.robmillard.com/archives/BCG

%20Matrix%20Big1.html]

Adidas Copa Mundial [IMAGE URL: http://www.footballbootroom.com/Adidas-Copa-Mundial]

Adidas Predator Mania [IMAGE URL:

http://www.produktenews.ch/newsflashartikel.cfm?key=179710]

Fig.1) Cristiano Ronaldo [IMAGE URL:

http://s702.photobucket.com/albums/ww24/bleedingblue97/?
action=view&current=Cristiano_Ronaldo_Manchester_United.jpg&newest=1

Fig.2) Michael Jordan [IMAGE URL: http://www.ionlinephilippines.com/2009/12/michaeljordan-look-alike-michael-jordan-imposter-video/]

Fig.3) Tiger Woods [IMAGE URL: http://www.dailyworldbuzz.com/tiger-woods-still-hassupport-of-nike-gatorade-and-gillette/4970/]

Fig.4) Zinedine Zidane [IMAGE URL: http://s670.photobucket.com/albums/vv70/tomdavies99/?

action=view&current=09_zinedine_zidane_dpa_300.jpg&newest=1]

Fig.5) Kaka [IMAGE URL: http://soccerpitch.co.za/tag/real-madrid/]

Fig.6) Kobe Bryant [IMAGE URL: http://family-fitness.mattters.com/2010/7/2/couldnt-wait ]

Worlds Largest LED by Nike [IMAGE URL:

http://johannesburgbc.ning.com/profiles/blogs/nikefootball-delivers-the]

Adidas adiPURE III and Nike Tiempo Elite [IMAGE URL: http://soccerlens.com/shirts/nike-vsadidas-buying-football-shoes-in-2010/6410/]

Adidas Trefoil logo [IMAGE URL: http://free-extras.com/images/adidas_logo-658.htm]