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About Mock Exam Paper With Keys
1) Adidas entered the Chinese market in 1997 focusing on sportswear but has since expanded into casual lifestyle clothing and children's wear. It has partnered with local celebrities and opened stores nationwide, not just in major cities. 2) By enhancing both products and pricing, Adidas has sought to expand beyond just low prices into lower-tier consumer segments in China. This strategy of moving beyond solely sportswear into casual wear has proven successful as that market segment grows faster. 3) However, fashion sales can be hit hard during economic downturns, so Adidas faces ongoing threats from changes in the economy. It now has around 10,000 stores in China but also faces increasing competition from emerging Chinese sports brands
Detailed Information
| Author: | ['Jiuuu C'] |
|---|---|
| Publication Year: | 2021 |
| Pages: | 8 |
| Language: | English |
| Format: | |
| Price: | FREE |
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