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Written by:
Cora V
Date added:
March 24, 2015
Level:
University
Grade:
A
No of pages / words:
3 / 735
Was viewed:
7406 times
Rating of current essay:
Essay content:
If prices rise, and products can be made more cheaply elsewhere (to the same or better specification), Nike will move production.
* Nike is a global brand. It is the number one sports brand in the World. Its famous 'Swoosh' is instantly recognisable, and Phil Knight even has it tattooed on his ankle...
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However, the income of the business is still heavily dependent upon its share of the footwear market. This may leave it vulnerable if for any reason its market share erodes.
* The retail sector is very price sensitive. Nike does have its own retailer in Nike Town. However, most of its income is derived from selling into retailers...
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