MainFindings
Nike was Leading at Sell-Out: Adidas had a wider
assortment range than Nike at global level and up to 2x
more in the MY and SG region. The brand also had over
70% of SKUs on discount. However, these strategies failed
to translate to sell-out rates higher than Nike.
Nike was leading in sell-out, by giving what the consumer
wants with the right products. Nike continues to focus on
driving women’s sports performance and inclusivity
offering more than influencer marketing as heavily
invested by Adidas.
Tighter but Credible Localised Assortment: Both brands
offered limited assortments in MY and SG compared to the
UK and US. Having said that, Nike did better in the local
markets than Adidas, with credible representations of its
many capsules.
The brand catered to the local demands by introducing
Nike Pro Hijab and Nike Plus Size collections. Although its
local plus size collection was much smaller at just 13 SKUs,
it showed an understanding that Asians generally have
smaller builds, hence do not require an offering as wide as
its global markets. Nike also paid attention to the
Southeast Asian region’s conservative culture by refraining
from introducing its pride-inspired BETRUE collection.
NextStepsfor Brands
Keep Tab on Subcultures: With increasing demand led by
the consumers, brands should leverage on subcultures to
spot emerging trends.
Omnilytics dashboard monitors trends across different
markets and brands with ease. With keyword search
function, retailers can assess the brands that stocked
“Stranger Things” along with trade performance.
Brand Positioning: For decades, Nike has been empowering
women in sports. The brand heightened this act by
announcing 2019 as “Year of Women” with MY and SG
well-represented of women exclusive capsules, most
notably for Pro-Hijab and plus size collections. Its hyped
BETRUE pride collection was not extended to the
Southeast Asia region, demonstrating an understanding of
the region’s conservativecultures.
Adidas knew well to play in a different space than Nike,
and positioned itself at the intersection of sports and street
styles for women with its “Now is Her Time” campaign.
While it is important for every retailer to have accurate
information about market demands, it is also about
mapping the findings against its brand positioning to
derive informed decisions and strategies that tactfully
capture its target market audience.
Website @adidas
JANUAR Y – DECE MBER 2019
Conclusion