Local experts provide the latest information on Healthcare issues that matter to you
|
Fresh Ideas with Leigh Ann:
Recipes & Quick Tips |
Shoe companies bank on European Championship, soccer
11:33 AM PST on Saturday, December 1, 2007
As excitement builds for the European Championship 2008 draw 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 fiber 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 capitalize 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 U.S. 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 $40 million in the 1990s to approximately $1.5 billion. It recently made a bid to purchase Umbro PLC, a well-known soccer footwear and apparel company.
But Adidas sees soccer as the backbone of its company and doesn't 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."
More Headlines...
Most Viewed Stories
Below is a list of the most popular stories read by our subscribers this week.
Sex offender caught in act raping Salem woman, police say
Tualatin teens accused in theft ring
Man jailed for calling 9-1-1 over McDonald's burger order
Popular Stories








You must be logged in to contribute. Log in | Register Now!
You are logged in as screenname | Log Out
You are logged in, but do not have a "screen" name. Create a Screen Name