Friday, May 8, 2020

Nike Vs. Under Armour - 941 Words

Nike and Under Armour are two of the biggest brands in the active wear industry. Fitness goers of all ages and genders are passionate users of their sports gear and athletic clothes. Two print advertisements from Under Armour and Nike will be analyzed based on the way they use goals to captivate the viewers attention and elicit an emotion to persuade the viewer to buy their athletic wear. In a world that is quickly becoming aware of its health problems consumers are becoming more aware of fitness brands and their advertisements. People are taking an active stand in achieving their fitness aspirations and doing so with the best equipment available. Nike’s famous â€Å"Just do it† slogan has been a boost for the company’s reputation and notoriety, by setting it a part from other brands. The two advertisements from Nike and Under Armour are representations of current consumer ambitions towards fitness. Since their products promote the goal of having an active and fi t lifestyle it is clear that the advertisements are targeting young women who are interested in getting involved in working out. The audience is young women due to the use of women in the advertisements. It is easier for a viewer to feel connected to an image when they see someone that is similar to them portraying their goals. If a viewer sees someone similar in age to him or her trying to achieve the same goal they have, they will be more motivated to go after the goal themselves. This is the way Nike and UnderShow MoreRelatedNike vs. Under Armour Essay2943 Words   |  12 Pagesindustry are the companies in? Nike; one of the most well known companies across the globe today is most known for being the world’s #1 shoemaker. They design and sell shoes for a variety of sports including baseball, golf, tennis and football. Nike also sells dress and casual shoes as well as athletic apparel and equipment for almost every sport imaginable. In addition Nike also operates NIKETOWN shoe and sportswear stores, factory outlets along with Nike women shops. One of Nike’s biggest competitorsRead MoreUnder Armour4190 Words   |  17 PagesSensitivity analysis†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦...27 Graphs/ Plots Net income (loss) by year†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.†¦28 Free cash flow by year†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..28 Written Report Executive Summary Executive Summary Introduction of the Firm Under Armour (UA) was incorporated on July 1, 1996; producing and distributing performance apparel and footwear for athletes of all ages. The brand engineered a fabric that enhances performance and comfort through its â€Å"moisture wicking† fabrications that helpsRead MoreUnder Armour2716 Words   |  11 PagesUnder Armour, Inc. : Company History In 1996, as a football player at the University of Maryland, Kevin Plank grew tired of the cotton t-shirts he was provided becoming soaked with sweat and rain, impeding his ability to move fluidly as a special-teams player for the Terrapin football team. Knowing that cycling outfits and football under shorts were made with a moisture-wicking synthetic fabric, Plank believed it possible to make a t-shirt out of such material. He observed the content label ofRead MoreCrocs Analysis1872 Words   |  8 Pagestrailing 1 in 2007 (Exhibit 6), which is in the range of primarily apparel average, $44.06 (Exhibit 5). When comparing this ratio to the competing companies Zumiez is the closest at $44.49 with the next closest being Deckers with a PE ratio of $30.90. Under Armour has higher PE of $61.09 (Exhibit 5) to Crocs and can be considered as third comparable company. The next valuation multiple is enterprise value (EV) to earnings before interest, tax, depreciation, and amortization (EBITDA). Crocs EV to EBITDARead MoreEssay on Under Armour strategic report9937 Words   |  40 Pagesï » ¿ Under Armour- Executive Analysis. Tom Rhoads BUS 450 Strategic Management Douglas Helmer Warner Pacific College August 5, 2012 UNDER ARMOUR REPORT SITUATION ANALYSIS The following analysis consists of forward –looking statements concerning: 1)Economic conditions 2)Cultural, Social Demographic Issues 3) Political and Legal issues 4)Geographical and Environmental issuesRead MoreCrocs, Inc. Case Study Report Essay2078 Words   |  9 Pagesappropriate valuation multiple for Crocs, Inc. †¢ †¢ Selected peer group based on industry, business and financial characteristics Included explosive growth stocks such as Lulelemon Under Armour having similar prospects for growth and ROIC as Crocs, Inc. and some mature, stabilized businesses with stable industry growth rates – Nike, Deckers Timberland. This mix will help us provide valuation from an aggressive sales growth and maturing sales context. Some characteristics used in selection include – oRead MoreNike Imc Campaign4712 Words   |  19 PagesAdvertising and Public Relations | | Executive Summary Best known for their â€Å"Just do it† branding, Nike was founded in 1955 by an athlete named Phil Knight who ran track for Bill Bowerman. Originally starting as a footwear distributor for a company known today as â€Å"ASICS†, the founders of the company decided to take a different approach to their business. When they launched their Nike line, they realized that having an athlete endorse their shoes would be a great way to reach out to the worldRead MoreAdidas Marketing Plan20768 Words   |  84 PagesAdidas†©has†©been†©around†©since†©1924†©and†©has†©grown†©to†©be†©one†©of†©the†©top†©companies†©in†© providing†©a†©variety†©of†©high†©quality†©products†©to†©consumers†©interested†©in†©sports.†©It†©is†© currently†©the†©number†©two†©brand†©in†©the†©sporting†©goods†©industry,†©trailing†©its†©main†© competitor†©Nike.†©Adidas†©has†©a†©strong†©focus†©on†©both†©performance†©and†©style,†©as†©opposed†©to†© Nike’s†©more†©pure†©performance†©emphasis.†©Adidas†©is†©currently†©surviving†©in†©its†©market†©but†© has†©many†©barriers†©holding†©it†©back†©from†©becoming†©a†©more†©dominant†©and†©thriving†©company.†©Read MoreStrategic Analysis of Nike8813 Words   |  36 Pages------------------------------------------------- ------------------------------------------------- CONTENTS 1. Introduction 4 2.1. Vision amp; Mission 4 2.2. Company Portfolio 4 2.3. Nike Value Chain 6 2. Environment Analysis 3.4. Remote Environment Scan 7 3.5. Industry Environment Scan 10 3.6. Business Environment Analysis 11 Read MoreAdidas Marketing Plan20779 Words   |  84 PagesAdidas†©has†©been†©around†©since†©1924†©and†©has†©grown†©to†©be†©one†©of†©the†©top†©companies†©in†© providing†©a†©variety†©of†©high†©quality†©products†©to†©consumers†©interested†©in†©sports.†©It†©is†© currently†©the†©number†©two†©brand†©in†©the†©sporting†©goods†©industry,†©trailing†©its†©main†© competitor†©Nike.†©Adidas†©has†©a†©strong†©focus†©on†©both†©performance†©and†©style,†©as†©opposed†©to†© Nike’s†©more†©pure†©performance†©emphasis.†©Adidas†©is†©currently†©surviving†©in†©its†©market†©but†© has†©many†©barriers†©holding†©it†©back†©from†©becoming†©a†©more†©dominant†©and†©thriving†©company.

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