Has Nike lost its stride Ivy Buche Goutam Challagalla
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Nike has been known for its incredible success story over the past 30 years. It has become an iconic brand and has managed to capture the imagination of millions of consumers worldwide. The reason behind Nike’s phenomenal success is not just because of the products they sell but also because of the company’s culture and approach to business. Nike is a brand that has become synonymous with innovation, quality and style, and the reason behind this has always been the company’s unique selling proposition. One of the key factors that has contributed
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In 2012, Nike’s annual revenue reached $10.2 billion, compared to $11.5 billion in 2011. That year, Nike’s net income increased by 7%. In 2013, Nike’s annual revenue reached $11.1 billion, compared to $11.8 billion in 2012. That year, Nike’s net income increased by 9%. In 2014, Nike’s annual revenue reached $
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Nike’s rise is an amazing story. They were a young athletic equipment store in a small city called Oregon. They became a huge multinational corporation with an excellent record of sales of sportswear, shoes, and other accessories in the world. Nike became known as the most innovative brand. It started its branding in 1964. Since then, Nike has gone on to become one of the largest companies in the world. It is estimated that it is one of the most valuable brands globally. It has
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My journey started in 2012 when I completed my master’s degree in Finance from India. The first and most significant challenge I faced was the lack of job opportunities in India. I have been trying to make my fortune here for the past five years, without much success. The last three years were the toughest. In 2015, I landed a job at Nike in Bengaluru. additional resources I was ecstatic about the opportunity, but I did not want to go through my first day’s training alone. I got the
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Nike’s success, which began in 1964, was unparalleled. The brand grew rapidly as a manufacturer of sneakers and sports apparel, and in no time, it became one of the top brands in the world. However, it seems that Nike has lost its stride and is currently lagging in the competitive landscape. What happened? In the past few years, Nike has faced several challenges. The rise of e-commerce has disrupted the traditional retail market. The emergence of cheaper br
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Case Study: Nike’s ‘Shoe of the Future’ Campaign The “Shoe of the Future” campaign has been a part of Nike’s promotional and marketing campaign for the past few years. The “Shoe of the Future” is an iconic design of Nike’s shoes and represents the company’s belief that footwear should be innovative, fashionable, and future-proof. It is, to some extent, a strategy of Nike that they hope will attract new consumers to the
