Adidas Franchise : The Adidas franchise is a global sporting goods company known for its high-quality athletic apparel, footwear, and accessories. With a rich heritage dating back to 1949, Adidas has become a prominent brand in the sports industry, catering to athletes and casual consumers alike. The Adidas Franchise operates through a network of retail stores and online platforms, providing customers with innovative and stylish products designed for performance and comfort. Adidas’s commitment to sustainability and social responsibility further enhances its reputation. Embracing a diverse range of sports and lifestyles, the Adidas Franchise continues to inspire and equip individuals worldwide to unleash their full potential.
Latest Update on 29th September 2023 – Adidas franchisees must love sportswear and excellence. It requires a high-traffic location, significant cash commitment, and brand values. Adidas franchises must share Adidas’ global vision and be business-savvy. Complete training and support are provided by the brand. Successful Adidas franchises offer financial incentives and the joy of promoting a sportswear legend. Adidas invites you to sports-inspired entrepreneurship.
Adidas Franchise – Highlight
|Article Category||Adidas Franchise|
|Investment||30,00,001 – 50,00,000|
|No. of Franchise Outlets||200+|
|Line of Business||Footwear|
|Unit / Shop Area||500 – 1000 Sq. ft.|
|Business Set-Up Time||1 to 2 months|
|Established||18 August 1949|
|Country Of origin||Herzogenaurach, Germany|
Adidas Franchise Cost In India
As of September 2021, the Adidas Franchise cost in India ranges from INR 50 lakhs to INR 2 crores. The investment covers expenses like store setup, inventory, fixtures, and operational costs. Additionally, Adidas Franchise must pay ongoing royalty fees, typically a percentage of the sales revenue. The exact cost may vary based on factors such as location, store size, and local market conditions. As Adidas continues to be a popular and well-established brand in the Indian market, investing in an Adidas Franchise can be a promising opportunity for entrepreneurs looking to enter the sporting goods retail sector with a recognized global brand.
Important Points of Adidas Franchise
- Global brand recognition as a leading sports apparel and footwear company.
- Adidas Franchise investment ranging from INR 50 lakhs to INR 2 crores in India.
- Strong customer base and loyalty to Adidas products.
- Access to diverse athletic apparel, footwear, and accessories range.
- Marketing support and brand visibility assistance.
- Training and ongoing support from the Adidas Franchise team.
- Requirements for a prime retail location in high-traffic areas.
- Eligibility criteria, including financial capability and business experience.
- Sustainability and innovation focus.
- Potential for attractive profit margins in a growing sports retail market.
Adidas Franchise Profit Margin
As of my knowledge cutoff in September 2021, the Adidas franchise profit margin typically ranges from 10% to 20%. However, this figure may vary based on various factors, including location, store performance, and market conditions. A well-managed and strategically positioned Adidas Franchise is likely to achieve higher profit margins. To maximize profitability, Adidas Franchise should focus on providing excellent customer service, implementing effective marketing strategies, and optimizing operational efficiency. It’s essential for potential Adidas Franchise to conduct thorough research and consult directly with Adidas or their authorized representatives to obtain the most accurate and up-to-date information on profit margins before considering an investment in an Adidas franchise.
|International Stock Registration Number (ISIN):||DE000A1EWWW0|
|Number of shares outstanding (as of December 31, 2022)1):||178,537,198|
|Average trading volume per trading day (2022)2):||783,409 shares|
|Market capitalization at year-end 2022 (€ in millions)3):||22,756|
|Type of share:||Registered no-par-value share|
|IPO:||November 17, 1995|
|Important Indices:||DAX EURO STOXX 50 MSCI World Textiles, Apparel & Luxury Goods MSCI World ESG Leaders Index FTSE4Good Index Series|
|Paying Agent:||Commerzbank AG|
Benefits of Adidas Franchise
- Established Brand: Benefit from the global reputation of Adidas as a leading sports apparel and footwear brand.
- Strong Customer Base: Attract a wide range of loyal customers who trust the quality and performance of Adidas products.
- Product Range: Offer a diverse selection of athletic apparel, footwear, and accessories to cater to various sports and lifestyle preferences.
- Marketing Support: Receive marketing and promotional assistance from Adidas to boost brand visibility and attract more customers.
- Training and Support: Access comprehensive training programs and ongoing support from the Adidas Franchise team.
- Innovation: Stay updated with the latest product innovations and technology advancements.
- Global Network: Be part of a vast network of Adidas Franchise worldwide, fostering collaboration and sharing best practices.
- Sustainability: Embrace Adidas’s commitment to sustainability, appealing to environmentally conscious consumers.
- Profit Potential: Enjoy the potential for attractive profit margins in a growing sports retail market.
- Passionate Community: Become a part of the passionate sports and fitness community, connecting with athletes and fitness enthusiasts alike.
Eligibility Criteria of Adidas Franchise
Eligibility criteria for an Adidas franchise typically include a strong entrepreneurial spirit, a passion for sports and fitness, and a proven track record in retail or business management. Potential Adidas Franchise should have sufficient financial resources to meet the initial investment and ongoing operating costs. A prime location for the store, preferably in high-traffic areas or shopping malls, is also essential. Adidas may conduct background checks and evaluate the candidate’s business acumen and alignment with the brand’s values before finalizing the Adidas Franchise agreement. Specific criteria may vary, and interested individuals should inquire directly with Adidas or their authorized representatives.
How Can an Adidas Franchise Be Started in India?
To start an Adidas Franchise in India, follow these steps:
- Research: Gather information about Adidas Franchise model, terms, and conditions.
- Contact Adidas: Reach out to the brand’s official website or authorized representatives to express interest and inquire about Adidas Franchise opportunities.
- Meet Eligibility: Ensure you meet the brand’s eligibility criteria, including financial capability and retail/business experience.
- Location: Identify a prime retail location in high-traffic areas or shopping malls.
- Submit Application: Complete the Adidas Franchise application process and provide necessary documents.
- Approval and Training: If selected, undergo training provided by Adidas and receive approval for Adidas Franchise operation.
- Setup and Launch: Set up the store as per brand guidelines and launch your Adidas franchise with marketing support.
Steps to Apply Adidas Franchise in India
To apply for an Adidas franchise in India, follow these steps:
- Visit Adidas Website: Go to Adidas’s official website and navigate to the Adidas Franchise section.
- Fill Application Form: Complete the Adidas Franchise application form with required details.
- Provide Documents: Submit necessary documents, including financial statements and business experience.
- Await Response: Wait for Adidas’s team to review your application.
- Background Check: Undergo a background check and evaluation process.
- Franchise Agreement: If approved, sign the Adidas Franchise agreement.
- Setup and Launch: Set up the store according to brand guidelines and launch your Adidas Franchise with marketing support.
|Registered Office||Office No. 6, 2nd Floor, Sector B, Pocket No. 7, Plot No. 11, Vasant Kunj New Delhi -110070, India. Tel. (+91) 11 4155 0975|
|Corporate Office||Plot No. 53, Sector-32, Institutional Area, Gurugram, Haryana-122001, India. Tel. (+91) 124 7169100, Website: www.adidas.co.in|
Prospective Adidas Franchise must demonstrate a strong entrepreneurial spirit, passion for sports, and business management experience, along with sufficient financial resources.
The application process duration varies, but it generally takes a few weeks to a few months for Adidas to review applications and conduct evaluations.
Yes, Adidas has a global franchise network, providing opportunities for expansion into international markets, subject to local regulations and brand availability.
The cost to open an Adidas Franchise in India can range from INR 50 lakhs to INR 2 crores, depending on factors like location and store size.