every7
Hall of Fame
Nike has been phoning it in for a while now. The inherent quality of Nike's tennis products has dropped substantially in the last 10 years. For this reason the company has become very reliant on having visibility and market saturation through sponsorship of the absolute elite players in order to sell their product.
It will be interesting to see what Nike's next move will be. There still might be a while to wait for their younger players to break through (Coric et al) and their older athletes (who couldn't have done more for the brand, quite honestly) are not as visible as they once were. Nike thrives on visibility. If they continue this approach, a decision will have to be made soon as they have suffered a dramatic loss of exposure.
Meanwhile, two of the top 5 are essentially sponsored by lifestyle clothing brands. It's a massive threat to Nike and also Adidas.
It will be interesting to see what Nike's next move will be. There still might be a while to wait for their younger players to break through (Coric et al) and their older athletes (who couldn't have done more for the brand, quite honestly) are not as visible as they once were. Nike thrives on visibility. If they continue this approach, a decision will have to be made soon as they have suffered a dramatic loss of exposure.
Meanwhile, two of the top 5 are essentially sponsored by lifestyle clothing brands. It's a massive threat to Nike and also Adidas.