Reebok 2007 Annual Report Download - page 55

Download and view the complete annual report

Please find page 55 of the 2007 Reebok annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 216

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114
  • 115
  • 116
  • 117
  • 118
  • 119
  • 120
  • 121
  • 122
  • 123
  • 124
  • 125
  • 126
  • 127
  • 128
  • 129
  • 130
  • 131
  • 132
  • 133
  • 134
  • 135
  • 136
  • 137
  • 138
  • 139
  • 140
  • 141
  • 142
  • 143
  • 144
  • 145
  • 146
  • 147
  • 148
  • 149
  • 150
  • 151
  • 152
  • 153
  • 154
  • 155
  • 156
  • 157
  • 158
  • 159
  • 160
  • 161
  • 162
  • 163
  • 164
  • 165
  • 166
  • 167
  • 168
  • 169
  • 170
  • 171
  • 172
  • 173
  • 174
  • 175
  • 176
  • 177
  • 178
  • 179
  • 180
  • 181
  • 182
  • 183
  • 184
  • 185
  • 186
  • 187
  • 188
  • 189
  • 190
  • 191
  • 192
  • 193
  • 194
  • 195
  • 196
  • 197
  • 198
  • 199
  • 200
  • 201
  • 202
  • 203
  • 204
  • 205
  • 206
  • 207
  • 208
  • 209
  • 210
  • 211
  • 212
  • 213
  • 214
  • 215
  • 216

051
ANNUAL REPORT 2007 --- adidas Group
02
ENGAGING CONSUMERS THROUGH CUSTOMIZATION Custom-
ization is an increasingly important priority for the Reebok
brand. With technologies such as KineticFit and The Pump™,
Reebok provides consumers customization elements in its
products. Reebok also offers North American consumers the
opportunity to design their own shoes through its web-based
customization platform “Rbk Custom”. The brand’s product
offerings on the website also include limited editions of high-
light products such as shoes created by famous graphic
designer John Maeda and the Freestyle. In 2008, Reebok will
expand its product offering available via “Rbk Custom” and
also extend the platform’s reach to European countries.
Further, Reebok will offer key directional retailers the possi-
bility to order customized products on quick delivery timelines
(i. e. 60 days). Reebok also increasingly interacts with con-
sumers on a personal level, utilizing predominately digital
marketing initiatives. Going forward, the brand will take a digi-
tal leadership role by extending both its customized product
initiatives and digital marketing activities. Reebok will launch
a new digital platform in 2008, which will feature some of the
latest developments in personalization technology.
BALANCING SPORT AND LIFESTYLE Most brands in the
sporting goods industry defi ne themselves as either a sport or
a lifestyle player. Reebok has a heritage within the industry
based on products that bridge the gap between sport and life-
style. The brand therefore puts equal emphasis on developing
products for sports activities and daily life. With a holistic
approach across all categories, Reebok addresses different
consumer groups – from the active athlete to the sports fan,
from the urban to the suburban consumer. To grow its sport
business going forward, Reebok has defi ned two global cate-
gory priorities: women’s and running. In addition, the brand
has also set regional priorities such as American sports
(North America) and football (Europe and Latin America).
At the same time, Reebok is sharpening its lifestyle focus by
broadening and upgrading its product offering.
WOMEN’S: LEVERAGING REEBOK’S HERITAGE Reebok enjoys
a distinctive position in the women’s market. As the brand that
virtually invented the aerobics category in the 1980s, Reebok
has an unrivalled heritage in serving the unique needs of
female athletes. The brand continues to hold leading global
positions in important women’s categories such as workout
and walking.
Going forward, Reebok intends to further strengthen its profi le
in the women’s market. As fi t is particularly important to
women, Reebok is introducing new materials and colors as
well as women-specifi c patterns and size schemes in its
product lines. With targeted marketing concepts and partner-
ships with top athletes (e. g. Amélie Mauresmo, Carolina Klüft,
Nicole Vaidisova) and celebrities, the brand will show that it
fully understands the unique needs of the female consumer.
Reebok’s partnership with the 2008 Avon Walk Around the
World for Breast Cancer illustrates the brand’s strong com-
mitment to women and will help build a connection with con-
sumers worldwide. see Reebok Products and Campaigns, p. 138
RUNNING: TARGETING NEW AND RECREATIONAL RUNNERS
Running is the sport with the highest participation level and
the most diverse consumer base worldwide. Reebok’s posi-
tioning in the category differs from that of most brands.
Instead of focusing fi rst on the competitive athlete, Reebok
clearly targets new and recreational runners.
In 2008 and beyond, Reebok’s product offering in the running
category will focus on fi t and comfort. In this context, the
Hex Ride Rally running shoe clearly represents the highlight
product. see Reebok Products and Campaigns, p. 138 Reebok remains
committed to developing comprehensive running ranges and
establishing itself as a “head-to-toe” running brand.
To adequately support its product initiatives and to further
underline its unique running positioning, Reebok’s brand
communication will feature running as a priority category.
To increase traction in the category, Reebok also engages in
grassroot activities around smaller, local running events.
AMERICAN SPORTS: CAPITALIZING ON LEAGUE PARTNER-
SHIPS Reebok’s activities in American sports aim to underline
Reebok’s positioning as an American-inspired brand. This is
an important regional initiative in North America but also a
differentiating factor versus competitors in the rest of the
world. American football and baseball are critical categories
to strengthen the brand’s credibility in sport.
Due to its partnership with the NFL, Reebok has a unique posi-
tion in American football, the most popular sport in the USA.
As the offi cial outfi tter of the NFL, Reebok provides on-fi eld
uniforms as well as off-fi eld apparel products to all 32 NFL
teams. This gives Reebok an unrivalled presence at all NFL
games during the season. In addition, the partnership enables
Reebok to drive its licensed business and has a positive halo
effect on the brand’s cleated footwear and branded apparel
business. By utilizing individual players such as Peyton and
Eli Manning and Vince Young as brand ambassadors, Reebok
strives to strengthen its connection with consumers.
Reebok is also committed to further building its position in
baseball and basketball. In baseball, the brand utilizes its
partnerships with Major League Baseball (MLB) and David
Ortiz to drive sales in both sport and lifestyle. By utilizing
the Pump custom-fi t footwear technology and further capital-
izing on key partnerships with individual players such as
Allen Iverson and Yao Ming, Reebok also intends to grow in
the basketball category.