REEBOK Introduction: Reebok is the oldest running shoe company‚ having been started by a cobbler in the UK in the 1890s. Capitalizing on American Paul Fireman’s foresight into the dance craze‚ aerobic craze‚ and later the rise of casual street basketball shoes‚ Reebok quickly became the number-one selling running shoe‚ easily beating and staying ahead of the then near-15-year-old Nike. In 1988‚ Reebok launched its first brand campaign‚ U.B.U. (ie‚ Reebok lets you be you). However‚ it went up against
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SWOT Analysis Reebok experienced a period of strong growth and success in the 80 ’s and 90 ’s‚ though new developments in the sports market are challenging Reebok and are changing its competitive situation. The following analysis gives an overview of were Reebok is standing at the moment and what their challenges for the future are. On the basis of this analysis Reebok can set out their strategy for the future and anticipate on the opportunities and threats they are facing. Strengths Size
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1 About Reebok Founded by: Joseph William Foster‚ 1890 in UK. Sub Brands Reebok EasyTone •Toning and shaping Reebok ZigTech •training activities Reebok RealFlex •flexible movements Reebok Classic Collections 2 Brand Owning Organization Subsidiary of Adidas Group since 2006 Uli Becker – president of Reebok 8‚000 employees 2010 – revenue of € 1‚603 billion (19.3 % growth) 3 Overview of Reebok EasyTone 2007 – Run Easy & “There are two people in
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Nike vs. Reebok Questions 1. "The success of Nike was strictly fortuitous and had little to do with great decision making." Evaluate this statement. The important part of the success was due to the far-sight of Nike’s management team. Nike’s CEO‚ who was a marathoner and knew what runners wanted for their shoes‚ had made a very basic strategy work; "make the products that fit their consumers’ needs". Examples of great decision making are: Diversifying products (into sports wears and others)
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Sport Marketing Reebok (A) Case In this case the core issue is Reebok needs to find a way to dramatically shift Reebok from a fashion athletic to a performance athletic brand through sports marketing and investment in high profile athletes‚ teams and leagues. Currently‚ Reebok is positioning themselves on the traditionally stronger consumer groups‚ which are the 25-29 and 18-24 who have the largest disposable income. Although they must start focusing on getting more male athletes to endorse
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Introduction On August 03‚ 2005‚ Adidas-Salomon AG (Adidas)‚ Germany’s largest sporting goods maker announced acquisition of the US-based Reebok International Limited (Reebok) for $3.8 billion. The share prices of both the companies recorded an increase on the day of the announcement of the deal. The share price of Adidas increased by 7.4% from €147.52 on August 02‚ 2005 to €158.45 on August 03‚ 2005 on the Frankfurt stock exchange‚ while Reebok’s share price at the New York Stock Exchange rose
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* Reebok went to pursue three multiproduct umbrella campaigns a. Television advertising during the 1988 Summer Olympics b. Television and print advertising with the tagline “Reeboks Let U.B.U.” c. Print advertising to introduce Reebok’s new performance feature‚ the Energy Return System * Didn’t know how involved it should be with Human Rights Now! World concert tour with Amnesty International * A lot of growth from 1982 and 1987‚ which resulted from… a. Broadening of existing
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foundation. Nike should promote more campaigns to stop hunger and poverty. 4. Threats - Strong competition from Adidas‚ Reebok and Puma. - Accusations of poor work conditions. - The increase of counterfeit products in overseas markets. Reebok Swot Analysis. 1. Strengths -Low manufacturing cost since the manufacturing chain comes from Asia were labor costs are low. -Since Reebok does not own the physical factories‚ production can be switch to another location if needed. - High return on equity
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Organization and Human Resources Academic Year 2011/2012 Adidas and Reebok Merger Abstract The purpose of this paper is to analyze Adidas acquisition of Reebok and its external and internal consequences that represented an important shock that affected the dynamics and the mechanisms of the sporting industry. On August 2005 ‚ Adidas-Salomon AG (Adidas) announced the intention to acquire Reebok International Limited (Reebok) for $ 3.8 billion. The goal of this merger was to facilitate the Adidas
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R “Reebok” case questions 1. How could viral marketing be used to complement or replace traditional media in this case? In this case‚ Reebok created “buzz” to attract the potential customers since its markets changed and its target consumers moved their attention away from the traditional media. Therefore‚ Reebok moved its advertising resource away from magazines and newspapers to online and mobile platform. Moreover‚ Reebok also advertised at sporting events‚ such as in NBA basketball
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