Share

Nike, Adidas looking to score

Portland, Oregon - As excitement builds for the European Championship 2008 draw on Sunday, shoe makers are hoping to build some buzz of their own.

Companies like Nike, Adidas and others are launching new soccer shoes and products with rapid fire to coincide with the season, highlighting the increasing competition for fans following the world's biggest sport.

"We're out there 365 days a year, but they're are certainly times when all eyes are on football," said Joaquin Hidalgo, vice president of Global Marketing for the Nike Brand.

Oregon-based Nike recently released the T90 shoe, which it credits for much of its growth in soccer business worldwide. And it will release the Mercurial SL in 2008 - a carbon fibre shoe not originally intended for sale but instead designed like a concept car with no boundaries.

"We've had more product innovation in the past eight months than in the past 13 years," Hidalgo said.

Soccer has traditionally been the domain of European companies such as Adidas. The Germany company has an aggressive plan of its own.

Adidas has a new "Predator" shoe hitting retail stores now, a Euro Ball to come out at the draw and two new shoes in early 2008 - one building on its most popular shoe and the other designed for its soccer star David Beckham.

"This is really an exciting time of year for the sport at Adidas," said Chris McGuire, who is the head of soccer brand marketing at Adidas.

Puma says it will be releasing a new speed shoe in 2008, its first major soccer product launch in several years.

The latest shoes are faster and lighter than ever before.

"It's a great marketing platform," said David Carter, principal at the California-based Sports Business Group. "They can capitalise on the buzz of a sport at a time when everyone is focused on it."

Soccer continues to grow in popularity in key markets such as the US and Asia, which has shoe companies vying for the top spot.

Nike says it wants to be the sports dominant brand by the next World Cup. The company has increased its soccer revenues from about $40m in the 1990s to approximately $1.5bn. It recently made a bid to purchase Umbro PLC, well-known soccer footwear and apparel company.

Battling it out

But Adidas sees soccer as the backbone of its company and does not intend to yield its position. Adidas recently battled with Nike for nine months in a bid to outfit the German Soccer Federation and won, despite a significantly larger bid by Nike.

Industry experts say the competition is likely to continue to grow as the sport does.

"I think not only is it (soccer) important now but it is becoming much more important," Carter said. "It's pretty safe to say those companies are focused on responding."

Sapa-AP

We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
18.80
+1.1%
Rand - Pound
23.49
+1.3%
Rand - Euro
20.10
+1.5%
Rand - Aus dollar
12.28
+1.0%
Rand - Yen
0.12
+2.8%
Platinum
923.40
-0.2%
Palladium
957.50
-3.3%
Gold
2,336.75
+0.2%
Silver
27.20
-0.9%
Brent Crude
89.01
+1.1%
Top 40
69,358
+1.3%
All Share
75,371
+1.4%
Resource 10
62,363
+0.4%
Industrial 25
103,903
+1.3%
Financial 15
16,161
+2.2%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders