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According to this contract, Adidas will be the price of $ 3.8 billion purchase of Reebok. The agreement is expected in the & nbsp; the first half of 2006 will be approved by Reebok shareholders and US and European relevant government departments. Adidas and Reebok complementary advantages, making it one of the most promising merger. & Nbsp; & nbsp; & nbsp; & nbsp; & nbsp; & nbsp; (. NikeInc) the international sporting goods market, the top three of Nike, Adidas and Reebok took possession of most of the global athletic footwear market share. And the market leader in the fierce competition in the Nike, Adidas and Reebok has yielded good results, but still at a disadvantage. Fourth Puma (Puma) are waiting in the wings, it announced mergers and expansion plans, so that Adidas and Reebok tremendous pressure. Adidas Reebok merger will change the competitive landscape of the world's sporting goods market, Nike thriving situation will evolve as Nike and Adidas, two male and Commander - Nike will first face evenly matched competitors. & Nbsp; & nbsp; & nbsp; & nbsp; & nbsp; & nbsp; Adidas is a German company, has 14,217 employees, in 2004 global sales of $ 8.1 billion. Reebok was originally a British company, in 1979 moved to the United States, began producing Reebok products, in 2004 global sales of $ 4 billion. Through mergers Reebok, Adidas will greatly improve market visibility, integrating the two companies complement each consumer group and geographical advantages, with annual sales of more than $ 12.1 billion to reach, occupy 26 percent of the global athletic footwear market share, almost equal to Nike $ 13.7 billion in annual sales and 32% of market share. The $ 3.9 billion merger ?????? North American sales will double. & Nbsp; & nbsp; & nbsp; & nbsp; & nbsp; & nbsp; According to the 2004 survey of the US "Business Week" shows the Nike brand ranked No. 31 in the world, worth $ 10.1 billion. Adidas ranked 71, worth $ 4 billion. According to data from the International Association of sporting goods manufacturer Nike in the United States has an absolute advantage. 2004, Nike sports shoes market share in the US was 36%, while Adidas and Reebok were 8.9% and 12.2%. Even in Europe, Nike, Adidas is also facing intense competitive pressure. In 2004, Nike soccer shoes sales in Europe for the first time more than Adidas. Last May, Adidas sold off its 1997 acquisition of winter sports products manufacturing company Salomon. While Adidas acquisition proved Sa-lomon is a failure, but the Adidas sale Sal & nbsp; omon for Reebok to Adidas merger can be seen from the whole strategy to fine adjustment. & Nbsp; & nbsp; & nbsp; & nbsp; & nbsp; & nbsp; statement in accordance with Adidas, Reebok brand will be maintained. Adidas expects the brand will continue to be used in high-end products, while Reebok will make the prices for intermediate goods. Through the merger, Adidas was mainly the original two companies to integrate product development efforts. In the eyes of many consumers, Reebok sleeker, on behalf of lifestyle, Adidas more attention to technological innovation, more closely in touch with the movement. Adidas market rule the roost in Europe, relations with the European football teams closer. Such as Real Madrid and AC Milan soccer team football team are Adidas contract. After the merger the new Reebok and Adidas will have a lot of American professional sports associations such as the American Basketball Association (NBA) and the National Football League (NFL) contract. Meanwhile, Adidas will benefit from the combined Reebok marketing in China. & Nbsp; & nbsp; & nbsp; & nbsp; & nbsp; international brands have long been engaged in international trade research and practical famous brand strategy expert Mr. Zhao Changbiao analysis pointed out that the race between the international footwear brands will become increasingly fierce. Adidas and Nike will be close to the strength of more intense competition, stimulate product innovation and advertising sides, protect and expand its sphere of influence. Nike's annual advertising expenses of approximately $ 220 million, to $ 042 million Reebok, Adidas $ 090 million. Nike and basketball star Michael? Michael Jordan and golfer Tiger Woods were signed Reebok, Reebok signed Yao Ming, and Adidas is the World Cup and the Beijing Olympic sponsors. & Nbsp; & nbsp; & nbsp; & nbsp; & nbsp; & nbsp; Although the whole Adidas and Reebok merger is wonderful, but how to integrate the two companies' operations, save money, make the two brands complement rather than duplicate, still Adidas challenge.

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