Adidas Narrative Essay
The company Is the Indian subsidiary of Dallas Group. Although Rebook Is also owned by ideas Group, ideas India Marketing only markets and distributes ideas products in India. 0 The company’s core business is mainly footwear. Nonetheless, the company also has presence in clothing products such as men’s and women’s tops, hosiery and non-apparel products, such as sports equipment. D In India, the ideas and Rebook brands are handled by two different companies. Dallas India Marketing (ideas India) handles only the ideas brand in India, and that includes aids sportswear, casual wear as well as non-apparel products. 0 The company has a national presence and is present in all major cities as well as many smaller towns. C] The company distributes Its products both through Its Ebbs (exclusive brand outlets) as well as through independent footwear retailers across the country. ideas (I-J) Ltd Background Dallas Group was founded In 1948 In Germany, and Dallas (K) Ltd Is a subsidiary of ideas GAG.
O In 1995 ideas went public and became available for stock market trading on the Frankfurt and Paris Stock Exchanges. Olin 2006 ideas acquired a ajar sportswear competitor, Rebook, which greatly increased its share. The company benefited from this acquisition by Increasing Its brand Identity and offering a wider range of products to both consumers and athletes. D In November 2011 ideas discussed acquiring Five Ten, a leading brand in outdoor and action sports apparel.
The acquisition was later approved, and it purchased Five Ten for US$25 million, as the company plans on Increasing Its presence within outdoor clothing D In 2012 Dallas owned three sportswear brands, Dallas, Rebook and Tailored, with the latter leading in golf apparel and golf equipment. C] In 2010 ideas Group introduced a five-year strategic business plan called “Route 201 5”, which aims to grow the business of the entire company to turnover of ?17 billion and operating margins of 11% by 2015.
The group has an International presence In markets across the world, including the US, South America, Asia and Europe. ideas (India) Competitive Positioning ideas India ranks seventh in apparel and third in footwear. In men’s outerwear (excel Jeans), overall It ranks 17th. The company’s strength In sports footwear helps It maintain its leadership in footwear overall, where it had a 3% value share in 2012. In addition, the ideas brand is available across India either from its Ebbs (exclusive brand outlets) or multiplicand outlets. The company has a wide portfolio ranging from sportswear to casual wear to accessories and a few beauty and personal care products such as deodorants, as well. Nonetheless, the bulk of the company sales were still coming from footwear during the review period. D The company had over 1 OFF another 50 in 2012. The com any is sponsoring various sports events other than cricket to grab more market share and to become a predominant player in sportswear. The company also plans various advertising campaigns for different sports to promote its related sportswear.
The company is also launching new designs of footwear in the coming months of 2013. The company has positioned itself as a premium brand. This has helped it to increase its presence in smaller cities where middle-class households are increasingly aspiring to wear premium brands. Introduction ideas Group was founded in 1948 in Germany, and ideas (I-J) Ltd is a subsidiary of ideas GAG. In 1995 ideas went public and became available for stock market trading on the Frankfurt and Paris Stock Exchanges. In 2006 ideas acquired a major sportswear competitor, Rebook, which greatly increased its share.
The company benefited from this acquisition by increasing its brand identity and offering a wider range of products to both consumers and athletes. In November 2011 ideas discussed acquiring Five Ten, a leading brand in outdoor and action sports apparel. The acquisition was later approved, and it purchased Five Ten for IIS$25 million, as the company plans on increasing its presence within outdoor clothing. In 2012 ideas owned three sportswear brands, ideas, Rebook and Tailored, with the latter eating in golf apparel and golf equipment.
In 2013 it tried to create a social newsroom that is reactive to key moments in football games by producing Vine clips, tactical tweets and Faceable posts, as it prepares for a social media battle with Nikkei at the 2014 World Cup. Strategy Difference: I-J Strategy: The company has decided to endorse high profile tennis player Andy Murray after his Windblown success instead of high profile footballers like David Beckman and Lionel Mimesis who they endorsed previously.
It now relies on witty marketing to all-in highly publicized marketing technique. It has chosen to take greater control of its retail operations. It has also planned to reach to the customers on the internet through tactical tweets rather than regular advertisements. India Strategy: It plans to sponsor sports teams other than cricket in India so that it can capture ore market share and is targeting the middle class buyers as they aspire to buy more of premium branded sports products.
More marketing is planned to increase product awareness in India. It has planned to increase the number of Ebbs (Exclusive Brand Outlets) by 50 so that it can have a larger footprint to increase market share with increased focus on metro cities. It also has tie-ups with e-retailing giants like snapped. Com, flippant. Com, Gabon. Com, mantra. Com etc since these platforms offer products at much lesser prices and the buying population is slowly shifting towards this side.
