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Nike Roshe Run Femme
« on: Sep 19th, 2018, 10:01pm » |
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When Angelique Kerber won the U.S. Open in September to bring the women’s tennis title to Germany, she was decked out head-to-toe in gear by Adidas. NFL wide receiver DeAndre Hopkins kicked off the Houston Texans season wearing cleats designed by rapper Kanye Nike Air Max 270 Womens West, part of Adidas’s strategy of mixing sports Nike Air Max 95 Womens and hip-hop culture that’s resonating with kids. Even celebrities such as Katie Holmes and Kristen Stewart lately have been seen sporting Adidas’s back-to-basics Stan Smith tennis sneakers, which some fashionistas have taken to mixing with couture wear.
That’s quite a turnabout for a company whose stock was Germany’s worst-performing in 2014, after it abandoned its sales forecast and scrapped long-standing profit goals. Yet today, thanks to a recent embrace of e-commerce, strong demand for celebrity-themed gear, and a revival of interest in retro-style shoes, Adidas is red hot: Its stock has more than doubled in the past 12 months, and it’s gaining ground on Nike and Under Armour in the crucial U.S. market.
A management reorganization has let divisions ship new styles and Nike Air Vapormax Womens colors to retailers more often, bringing the latest Adidas Superstar Damen variants of the classic Stan Smiths, flashier Kanye-designed Yeezy Boost shoes, and running shoe-inspired NMDs to market much faster. Adidas updated the NMD (it stands for “Nomad”) three times in August and six times in September, keeping young customers clamoring for the latest styles—and they’re willing to pay full price to snag them before limited quantities disappear from store shelves.
Adidas leapfrogged Under Armour to become the second-best-selling sports footwear maker in the U.S. this year through September, Schwartz says, though its share is still about a ninth of leader Nike’s. Adidas says it sold 8 million pairs of Stan Smiths globally last year—out of 50 million over the past four decades. It also sold 15 million pairs of Superstars, the white low-rise basketball Adidas Stan Smith Dames shoes immortalized by Kareem Abdul-Jabbar in the 197Adidas NMD Femme 0s and transformed into hip-hop essentials by rappers Run D.M.C. in the ’80s. “They are gaining market share at the expense of Nike,” says Cédric Rossi, an analyst at investment bank Bryan, Garnier, who notes Adidas’s currency-adjusted sales grew at double Nike’s pace in the spring quarter.
Adidas has also rethought its sponsorship policy, downplaying broad leaguewide tie-ins, such as the 11-year NBA sponsorship deal that it ended in 2015. “In the past we couldn’t own the runner, the Adidas Stan Smith Dam basketball player, the soccer player,” Liedtke says. Nowadays, Adidas backs individual players such as NBA star James Harden and European soccer’s Paul Pogba, who are more likely to connect with kids. “It’s the player behind the club who’s influencing the younger generation,” says John Guy, an Nike Roshe Run Femmeanalyst at brokerage MainFirst.
As part of its push to react faster, Adidas in September introduced a white woven running shoe called Futurecraft, knitted by robots in a new factory in Germany. (Most sneakers are made in Asia and then transported by sea, a lengthy process.) A second so-called SpeedFactory will open in Atlanta next year. Both facilities will allow limited-run shoes to be produced more quickly and closer to key markets. Adidas also plans to test in-store robots that can assemble shirts to customers’ exact fit.
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