Swot Analysis For Adidas

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S.W.O.T Analysis STRENGHTS Leading players in the sporting goods industry The company is almost the top players in the sporting goods industry due to strong brands, market-leading products and commitment to sports for meeting consumer expectations. The global sportswear market (E45 billion) is dominated by Adidas-Salomon’s brands include Adidas, Salomon, TaylorMade and others, which have very strong brand name recognition in markets served. The company’s products serve many markets and include footwear, hardware, apparel, snowboard, golf-related and others products. It has sponsored many sporting events including the Winter Olympics, the FIFA World Cup of 2002 and most recently Euro 2004 tournament and the and the Olympics in Athens 2004 Steady increase in sales revenues Adidas-Salomon’s revenues from sales have been steadily increasing reflected in the last five years sales performance ending 2002. From E5.1 billion of sales in 1998 to E6.5 billion in 2002, the performance has improved by a CAGR of 7%. Though sales declined by 3.9% in 2003 over 2002, it was mainly due to currency translations. The company has been able to achieve this steady growth in revenues due to its strong brand image, continuous commitment to product innovation that is consumer focused. Successful new product in innovations The company has consistently launched new products and this has enabled it to widen its portfolio and also enhance its competitive position. Each company brand targets a specific market and new products are introduced based on their requirements. This has helped the company achieve a greater degree of success. During 2002-2003, the company launched ClimaCool and a3 in its running shoes category, which were big success. The company sold over 500,000 pairs in a3 and over one million in ClimCool. Lead time improvements The company has considerably

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