Skechers CEO: How We Plan to Compete With Nike and Adidas

Skechers CEO: How We Plan to Compete With Nike and Adidas

Assessment

Interactive Video

Business, Life Skills

University

Hard

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FREE Resource

The video discusses the brand's strategy to maintain revenue growth in a challenging consumer environment. It highlights the company's diverse product lines, including athletic and brown footwear, and its global presence with 1,500 stores. The performance division is expected to exceed a billion dollars in sales, competing with major brands like Nike and Adidas. The retail strategy includes opening new stores and expanding into international markets, with a focus on comfort and innovation. The company aims to be a leading global family brand, emphasizing comfort and catering to a wide range of consumers.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What strategies does Skechers employ to maintain revenue growth?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How does Skechers differentiate itself in the athletic footwear market?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways does Skechers plan to expand its retail presence?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the international market for Skechers?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

How does Skechers address the challenges posed by foreign exchange fluctuations?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the key demographics that Skechers targets with its products?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What role does comfort play in Skechers' product offerings?

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