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Adidas fires consultants, bets big on cricket and India. Share price doubles while Nike falls. 

Inside China Business
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New Adidas CEO Bjorn Gulden's overhaul of the company is a case study on how to approach the giant consumer markets of China and India. He dumped outside consulting companies, relying instead on the deep localized experience of Adidas executives throughout the world.
Adidas is investing in sports and in athletes with massive popularity in local markets, such as cricket in India. China and India will together comprise nearly 2 billion consumers by 2030.
Resources and references:
Wall Street Journal, "The CEO who gave 60,000 employees his cell phone number www.wsj.com/bu...
Visual Capitalist, The world's largest consumer markets by 2030 www.visualcapi...
Women control home buys, consumer spending
homesbyanndavi...
Survey of cricket fans in Asia's subcontinent
www.espncricin...
Graphic, 9 in 10 Indians watch cricket
www.businessin...

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1 окт 2024

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Комментарии : 127   
@Muricans1776
@Muricans1776 4 месяца назад
The only thing holding India back is themselves. In the last 40 years the comparison between India and China is laughable. Look at Infrastructure, wealth creation, simple personal safety , pollution and healthcare. Visit Mumbai/New Delhi then visit Shanghai/Beijing ......its no contest in where you would want to live and work.
@balkanleopard9728
@balkanleopard9728 3 месяца назад
400 odd years of British colonialism destroyed India. China was never truly colonised. It suffered a different fate at the time. The Chinese revolution threw off the imperialist yoke - but standing up involved enormous societal hardship. Unfortunately colonialism has scared India and it still seems to inhabit the minds of many in India. Breaking free and building a fair society is always a huge challenge.
@bosnbruce5837
@bosnbruce5837 Месяц назад
China and India. Thousands years of living next to each other. No animosity. Not a single war. Other than that skirmish in the 60s. Next you know... an American walks into a bar.
@seowkhoontan9534
@seowkhoontan9534 10 дней назад
​@bosnbruce5837, when the Yankees walk into the bar, they try to turn the surroundings into "Wild Wild West".
@davidk6269
@davidk6269 6 месяцев назад
6:14 as a married man, I can say without a doubt that this is the funniest and truest comment I'll hear on RU-vid this month! ; ) At 8:44 you asked "Why did he do that?" Answer: see 6:14. Clearly, Mrs. Gulden told him to do that. ; )
@rombios3056
@rombios3056 4 месяца назад
2nded and 3rded As a formerly married man; if you expect any semblance of peace, when backed in a corner between two product purchases that achieve the same goals; ALWAYS favor the one she likes the most Or prepare to sleep with one eye open for the remainder of the marriage
@foodparadise5792
@foodparadise5792 6 месяцев назад
Good luck with Adidas. The Indians see every foreign company operates in India as new form colonialism, and changes laws to make them pay fines...
@herryso6238
@herryso6238 6 месяцев назад
It will be confiscated soon. And become addilhi.
@rohanch07
@rohanch07 6 месяцев назад
> The Indians see every foreign company operates in India as new form colonialism This is further away from truth than America is to any kind of morality. All lifestyle brands in India are American or European. Heck, Indians won't even buy soap and toothpaste from Indian companies. Indians can't get enough of American branded-Chinese made goods as long as they can afford it. Except cars, but that's because American cars are shit.
@blackknight4996
@blackknight4996 5 месяцев назад
Adidas still hasn't learned from foreign companies got burnt in Bharat land.
@AnotherExtraFist
@AnotherExtraFist 5 месяцев назад
Indians are wise, to a point. You need to welcome foreigners - graciously and with eyes wide open. Too late for your marital advice, ... sadly. Was it too late for you, ha! ha!
@amols101
@amols101 4 месяца назад
Where do you hear this nonsense? Foreign brands are huge in India.
@pumpmoonboy866
@pumpmoonboy866 6 месяцев назад
For some reasons. Sometimes, I think those consultants don't know what theyr doing. And this is not the first time I heard them advised stupid stuff.
@sinaoladeji3555
@sinaoladeji3555 6 месяцев назад
Agreed women make all the buying decisions. Spot on.
@blackknight4996
@blackknight4996 5 месяцев назад
Not in Bharat land...
@nmew6926
@nmew6926 2 месяца назад
I have 3 wives
@davidford3073
@davidford3073 2 месяца назад
Yes they do
@silluete
@silluete Месяц назад
@nmew6926 my condolences .
@garyevergreen5035
@garyevergreen5035 6 месяцев назад
The fired consultants were working for Adidas's competitors!
@yingxu7908
@yingxu7908 6 месяцев назад
Thank you for telling the truth,i like your back ground
@RB-fp8hn
@RB-fp8hn Месяц назад
As an Indian, there many things that worry me. First among them is that over the last 5-6 years, the Indian government has enlisted several American consultancy brands for tens of thousands of projects in India. These are massive technology and infrastructure projects, many of them crucial to national security, and in-depth knowledge of all this lies in the hands of PWC, Boston Consulting Group, McKinsey & Co., etc. As a nation, we are going down a very wrong strategic path.
@DragonYang01
@DragonYang01 5 месяцев назад
I claimed to have a 5-bed room house after I built a nice liveable shed in my backyard. My friend corrected me: No. She still got a 4-bedroom house and you got a 1-bedroom shed.
@FallenLeavesBackToRoots
@FallenLeavesBackToRoots 4 месяца назад
Our master bedroom has a "his and hers" closet. My husband calls it "hers and hers". 😂
@revrickbibletalks5546
@revrickbibletalks5546 4 месяца назад
Well said about wives! While husbands may be the heads, wives are the necks and they control how the heads turn!
@nurainiarsad7395
@nurainiarsad7395 2 месяца назад
Wait, a big corporate actually decided to listen to *their own* executives who are from/in the markets they want to do business in, to tell them what the country is like, what is possible/feasible in the markets, and also what are actual opportunities there, instead of asking western-based consulting companies who have barely ever left hotels in said countries? Mind. Blown. Good luck to Adidas.
@truthaboveall7988
@truthaboveall7988 3 месяца назад
i live in NYC - I’ve been seeing nothing but Adidas on everyone - far less Nike - maybe a big number of NB & hooka or whatever they’re called i laugh watching the herd mentality of fashion trends
@henk7356
@henk7356 3 месяца назад
Oviously an american view of women. Not all in the word :-)
@davidkelly2262
@davidkelly2262 6 месяцев назад
Excellent updates, Thanks
@philoso377
@philoso377 2 месяца назад
We become dumber each generation forward from the tools we created. Tools in general term such as Policy, economics, investment, health care, law and order, science, history, engineering, construction, entertainment, problem solving ,,, almost every problem has one or more tool, we seldom think about the root cause. Disease can be treated with medicine without a clear root cause. Leading to decline of general health and mental health. We are just a tool or component in the infrastructural civilization. Our rulers also think less in root cause and apply more with age old fixes.
@Intudesia8792
@Intudesia8792 4 месяца назад
I didn't know that you are an expert as well in family affairs! 😂😂😂
@rogerstarkey5390
@rogerstarkey5390 2 месяца назад
"Man of the World" "Tell me you've "been there" without telling me you've been there" 😉
@raosaghir9449
@raosaghir9449 5 месяцев назад
We merely all husbands on earth are servants(with out salary)to our wives..
@tomjohnson1110
@tomjohnson1110 6 месяцев назад
Described my marriage from the moment I said " I will ".
@MegaPapa8888
@MegaPapa8888 6 месяцев назад
Adida is following Shein step with "fast fashion" style.
@vlada
@vlada 2 месяца назад
Soccer shoes at $160-200 that wear out and unglue in less than a year has been around for while. Same for Nike running shoe where the sole (actually most are made with individual soles glued) unglues badly and when the heel of shoe breaks plastic shards tear you sock/skin.
@janethoward23
@janethoward23 6 месяцев назад
You're spot on. I (Chinese wife) have decided where we live, I managed mostly the family finances. I also managed our home renovations. 😊
@morrismak
@morrismak 6 месяцев назад
Happy wife happy life man! I even let my wife renovate our home. All I need is a bed and a shower
@inkbold8511
@inkbold8511 6 месяцев назад
Toilet too!
@bobcfchan10s
@bobcfchan10s 6 месяцев назад
This why woke is so brain dead from reality. Chinese men represent the family and everyone gives that stature a face but once he goes home, he sits quietly somewhere and listens to the matriarch. There’s no need for power struggle no need for respect. Everyone knows this fact and Chinese society harmoniously obey it.
@teatree6228
@teatree6228 6 месяцев назад
Get rid of adidas and nike Replace with chinese brands in china
@youwaiyap2708
@youwaiyap2708 5 месяцев назад
Nike & Adidas are paying top$$$ to famous/popular sport personalities like LeBron James, R Federer, top clubs/brands such as Real Madrid, MU and then squeeze $$$ from poor minions around the world to cover the "hole"? Guess "Discretionary" is about apt becoz we consumers shall decide what's right for ourselves and my sggt is we don't need to patch the face of LB James or R Fed onto our own face like a mask? Cheers! 🙏🙏
@BryanChance
@BryanChance 4 месяца назад
Heed the advice (or warning) about a "wife". It is all true. LOL
@santsuma
@santsuma 4 месяца назад
@6:14 , as someone have already commented here, what Kevin says is really funny,. However I guess the REAL reason we can't buy somethinbg our wives don't like is not because they doen't like it but because they will COMPLAIN about it forever. Let's face it guys, a wife complaining over and over again about something is hell on earth.
@KirillFrolov77
@KirillFrolov77 Месяц назад
Hiring those consulting firms s is a mandatory requirement for getting access to cheap credit. I wonder what's going on here... Is Adidas breaking away from WEF consensus? And being successful at it? Huh...
@rogerstarkey5390
@rogerstarkey5390 2 месяца назад
I'll be looking for Adidas at the Olympics.
@Peace_Guard
@Peace_Guard Месяц назад
I mean in corporations selfphone numbers are often widely known, present in everyone's virtual business card. Not really special. And yeah, I do see something needing your urgent attention, Mr Gulden - you recently fired Bella Hadid as part of your support for global genocide all along Middle East. But I guess a localized importance in Israel is more crucial than a global importance among the Muslim world.
@tsunketng4339
@tsunketng4339 Месяц назад
Haven't you guys heard? It takes a woman to handle a woman... like that between a man's mother and his wife. 😊
@hugojorgensen168
@hugojorgensen168 2 месяца назад
The cars I have bought I have decided brand and colour and not my wife. But in general I agree with you
@philoso377
@philoso377 2 месяца назад
Consider the brand name Adidas as US$, began with real value, to drive popularity momentum. To see it air born next. Value? Support a few leading contestants of most popular spot to the finish line or goal sooner faster directly or indirectly, in any way your company can, wearing your product, regardless if it has any contribution in fostering his achievement. If we ran out of the most popular spots, promote or explore new ones, foot cricket in India is an excellent example. Also cycling outfits, tyre, shoes and helmet, diving foot fins and goggle.
@mcurious7497
@mcurious7497 2 месяца назад
Really liked your keen observations in all your videos and comments. This one you are funny as well - married men's lives are so simple.😂
@philoso377
@philoso377 2 месяца назад
This is as simple as craving. All not born in Monarch, Royal or top social class were slaved and intimidated by the powerful and resourceful of a top and higher classes. Being under power and Intimidated they want to move up the social ladder and be an upper class. If can’t upgrade through the social ladder, simply wearing or possessing some classy things can makes them feel high class without socially a high class person. The marketing company learned that have started to associate their clients products normally possess and used by high classes, elites and champions alike. Those who desired to social upgrade themselves are hooked by such scheme. That includes games, such as golf crickets and horseback cricket. India? East Indians also crave and worship for the Indian royalty possessions and not British products or interest to move up the colonial social ladder. The colonial ruler went extinct the local monarchy (similar to the “cultural revolution” in China, planned by the west implemented by Mao). and promote British monarchy, social class and their luxurious lifestyle on India. Interestingly the east Indians began crave for the British product, social class and spots.
@taiwanstillisntacountry
@taiwanstillisntacountry 6 месяцев назад
Isnt Adidas a sponsor of Messi? Bye bye Messi, bye bye Adidas.
@lloydguenther6102
@lloydguenther6102 5 месяцев назад
American fast food has raised the weight of Asians. Please no more of this unless they adapt to healthy foods.
@balkanleopard9728
@balkanleopard9728 3 месяца назад
Having lived through all the management consultant BS over my entire working life, I couldn't agree more with you. Wherever they are, they are leeches on the company bottom line. And, yes, women rule and you must understand how your market works and that means actually caring about your market and listening to the people in it Keep up the good work.
@parthn-musicforwork4789
@parthn-musicforwork4789 2 месяца назад
more like listening to the women in it lol
@dennyli9339
@dennyli9339 2 месяца назад
Business Consultants are not to replace local wisdom !
@glass8289
@glass8289 6 месяцев назад
Right about wife on all counts 😀😀
@geemeel4160
@geemeel4160 6 месяцев назад
My wife too says which clothes not to wear when we are together outside😅
@vlada
@vlada 2 месяца назад
You married yourself a mommy not a wife.
@Samoasoa
@Samoasoa 2 месяца назад
So true, my wife make the decision for what I wear.
@Storm4155
@Storm4155 3 месяца назад
Imagine advising that rugby and cricket have no "global appeal". The consultants were obviously American: "global appeal" does not equal "American appeal". Cricket and Rugby are played in numerous other counties, not just India. And of course, Rugby sevens is an olympic sport.
@vlada
@vlada 2 месяца назад
It has appeal to a few English colonies, and in UK, France. Most of Europe , no. North America: Canada, us, Mexico, no. Central America, no. 1 country in South America. Middle east no. Most of Africa, no. Asia, some colonies. It's not soccer, basketball and volleyball which are universal sports.
@nasinchan2953
@nasinchan2953 2 месяца назад
This is outside china business😂
@happychappy7115
@happychappy7115 6 месяцев назад
"You don't have to go shopping anymore"😅 Win!!
@parthn-musicforwork4789
@parthn-musicforwork4789 2 месяца назад
Big L if you ask me
@AugustusOmega
@AugustusOmega 6 месяцев назад
is that how its pronounced? Adeedus? we pronounce it a world apart, when I was a kid Adidas stood for..."All Day I Dream About Sex"
@calvinblue894
@calvinblue894 5 месяцев назад
Why was the sport NAMED Cricket??? Was it because it disturbed Crickets?
@COURRUPTIONCOIN
@COURRUPTIONCOIN 2 месяца назад
Testing 1 2.....
@whollybraille7043
@whollybraille7043 6 месяцев назад
Um... could Gulden like run for president of the US? Okay, thanks.
@GiorniVenibato
@GiorniVenibato 5 месяцев назад
Adidas shoes are much lower quality than Nike! Athletes got hurt wearing them all the time!
@MrStevemur
@MrStevemur 6 месяцев назад
My dad purchased the wrong house by promising to completely renovate the main floor to move the kitchen to where it was supposed to be. 25 years later he tore out all the walls and moved the kitchen. He was lucky.
@cjfinance3829
@cjfinance3829 3 месяца назад
Lazy thinking from the consultants! 🤯 As a French 🇨🇵living in England 🇬🇧since 2000, I still don't understand cricket 😬, but I KNOW that this sport is huge in India, Pakistan, Sri Lanka, West Indies, Australia, New Zealand... 🧐 And most of those markets are growing 😁
@vlada
@vlada 2 месяца назад
But again, it's not a global sport like soccer, basketball or volleyball. It is only a few English colonies and big as they are, it is invisible in Europe, north, central and south America, middle east and Africa (apart done colonies). Regional sports are money makers, failing to understand that is shortsighted but it is not a global sport.
@edwardlim7253
@edwardlim7253 6 месяцев назад
Thanks Kevin.. Adidas India is a good example..
@marymac3062
@marymac3062 6 месяцев назад
I would love to read this article at the end but it flies by waaay too quickly.
@stephenlau2127
@stephenlau2127 4 месяца назад
You are so joyful to listen to
@proadlekopy
@proadlekopy 4 месяца назад
Respect to Gulden
@ExternalInputs
@ExternalInputs 6 месяцев назад
In India, women playing cricket is on the rise, so it's not just women buying the India Team shirt, there's an upsurge in women and girls buying all the gear needed to play the game.
@justingriffin2546
@justingriffin2546 6 месяцев назад
Fantastic on many levels...
@HappyPandaBear73
@HappyPandaBear73 3 месяца назад
Fascinating!👍🙂
@teatree6228
@teatree6228 6 месяцев назад
Reject canadian companues
@nicholashughes8214
@nicholashughes8214 6 месяцев назад
Brutally direct and honest about the Role of Women in spending decisions and that goes double for Asia
@kean-leongang1167
@kean-leongang1167 6 месяцев назад
Maybe the business consultant was right. Not many men want to get married nowadays. It's more like a trap that will cost you an arm or a leg to crawl out from.
@ExternalInputs
@ExternalInputs 6 месяцев назад
Look at the graphic @11.30, it looks like many of those single men cost themselves an arm and a leg without having anything concrete to show for it.
@inkbold8511
@inkbold8511 6 месяцев назад
Says incels who does all sort of shit to get women’s attention
@inkbold8511
@inkbold8511 6 месяцев назад
Says incels who does all sort of shit to get women’s attention
@inkbold8511
@inkbold8511 6 месяцев назад
Says incels who does all sort of shit to get women’s attention
@inkbold8511
@inkbold8511 6 месяцев назад
Says incels who does all sort of shit to get women’s attention
@justjacqueline2004
@justjacqueline2004 6 месяцев назад
Adidas is huge in Russia.
@jxmai7687
@jxmai7687 6 месяцев назад
haha, you are so right, we have a red car for my wife, she picks the house not in the best spot, i did not tell her about it. 😅
@ngheanchoong
@ngheanchoong 6 месяцев назад
Very informative content
@mhxprs
@mhxprs 6 месяцев назад
Bingo😂
@lzeng78
@lzeng78 6 месяцев назад
U
@mysterion4301
@mysterion4301 6 месяцев назад
No sound???
@greggpon7466
@greggpon7466 6 месяцев назад
He turns off the sound when he puts up articles to prove his thesis. Presumably to give you time encouragement to read.
@ej8365
@ej8365 6 месяцев назад
You are inside China, but why you always make videos in the bushes hiding where no public can see you?
@binhe6500
@binhe6500 6 месяцев назад
Think hard and deep and you can come up with something nefarious 😂
@mervynsoo8353
@mervynsoo8353 6 месяцев назад
😂😂
@coolspace2786
@coolspace2786 6 месяцев назад
​@@binhe6500ejdude "aculating" hard to get a drop out
@DavidLee-x7l
@DavidLee-x7l 6 месяцев назад
Why do negative people like you exist which always see all things in bad light ?
@londondave800
@londondave800 6 месяцев назад
Because it's quieter and doesn't mess up too much with the audio or the visual. For the love of god use your brain or are you a yank and that's too hard for you?? 🙄🙄🙄
@The0ldg0at
@The0ldg0at 6 месяцев назад
Cricket? Did any democratic country elected a sport star player as head of state? One well knows case was the previous prime minister of Pakistan, a cricket star. en.wikipedia.org/wiki/Imran_Khan
@ExternalInputs
@ExternalInputs 6 месяцев назад
Good call, but he is in jail at the moment.
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