The number of missteps adidas has taken over the last two decades to fall behind an apparel company that didn’t even exist in 1995 are long and numerous.
They range from botching a shoe deal with Kobe Bryant back in 1996, to acquiring the sinking ship known as Reebok, to having its splashiest recent endorsement deals in basketball and football backfire. See, e.g., Derrick Rose, Dwight Howard, Jeremy Lin and Robert Griffin III, just to name a few.
In fact, the biggest name to endorse adidas right now isn’t even an athlete, it’s Kanye West.
Meanwhile, Nike has a who’s who of sports clientele (Tiger Woods, Rory McIlroy, LeBron James, Kevin Durant, Aaron Rodgers, Mike Trout, etc.) and Under Armour is partnered with the two biggest rising stars in their respective sports, Stephen Curry and Jordan Spieth — not to mention the super couple of Tom Brady and Gisele Bündchen.
Adidas also didn’t have even one of the top 10 best selling sports shoes last August, as their current selection of footwear is extremely uninspiring. And with the NFL dropping Reebok for Nike in 2012 and the NBA moving on from adidas to The Swoosh after the upcoming season, the only one of the four major professional sports the Three Stripes will outfit is the NHL (technically, it’s Reebok).
Just pouring salt in the wound, Under Armour CEO Kevin Plank called adidas “our dumbest competitor” this past February — and he wasn’t wrong.
While there are certainly plenty of hurdles facing the company and adidas America president Mark King if it wants to reverse course in the U.S. market, adidas must start with repairing its tattered image.