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Monday, June 30, 2008
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Cool People
This next series of posts will introduce readers to the group of eager learners and intrepid travelers to the Beijing Olympics, who signed up for this seminar abroad program last fall and filled the roster within days of the announcement. Although competition tickets have been sold out for US tourists for nearly a year, we managed to score tickets to soccer, track & field, beach volleyball, tennis, softball, boxing, basketball, baseball, water polo, and badminton. In addition, we will visit the Forbidden City, Tiananmen Square, Temple of Heaven, Summer Palace, and Great Wall of China, as well as meet with top officials of sport, business, government, and academia throughout our eight days in China.
Saturday, June 28, 2008
Nike vs. Adidas
Reminiscent of the cola wars between Coca-Cola and Pepsi, the titans of sports footwear, Nike and Adidas, have been waging a high-stakes campaign in China against the backdrop of the coming Olympic Games. While Adidas is an Olympic Games sponsor and Nike is not, they appear evenly matched with some 3,000 stores each throughout the country. The leading athletic shoemakers are pitted in a marketing frenzy to gain a stronger foothold (no pun intended!) in China and a greater share of the $27.5 billion industry. Combined, Nike and Adidas account for nearly 60% of the worldwide athletic footwear market, though Chinese sportswear maker Li Ning (see previous blog) and Italian shoemaker, Geox (see article, below), among others, are throwing their pebbles in the pond in hopes of generating something of a ripple. Question: do you think Adidas' Olympic sponsorship gives it an edge in this latest battle in the global shoe war?
Articles--> http://www.businessweek.com/magazine/content/08_15/b4079058287126.htm?chan=search
http://www.forbes.com/markets/2008/06/23/beijing-olympics-sponsorship-markets-equity-cx_jc_0623markets02.html
Articles--> http://www.businessweek.com/magazine/content/08_15/b4079058287126.htm?chan=search
http://www.forbes.com/markets/2008/06/23/beijing-olympics-sponsorship-markets-equity-cx_jc_0623markets02.html
http://www.forbes.com/opinions/2008/04/23/china-olympics-sponsors-oped-cx_sre_0424olympics.html
http://articles.latimes.com/2007/oct/08/business/ft-olympics8
http://www.businessweek.com/print/globalbiz/content/jun2008/gb20080620_447605.htm
http://online.wsj.com/article/SB121520521471229245.html?mod=sports
Friday, June 27, 2008
Hosting the Olympics: Investment or Insanity?
A recent Worth Magazine article ("Fool's Gold," 3/1/08) asserted that at a whopping $34 billion, this summer's Olympics in Beijing "are going to be the most expensive games in history." To put this in perspective, the most recent Olympic Games just four years ago in Athens -- with its massive cost overruns and security expense -- carried a then-hefty price tag of $8 billion, while the last summer games in the U.S. (Atlanta in 1996), came in at a mere $1.8 billion. Of course, the paradigm shift attributable to the events of 9/11 has driven some of the budget inflation, such that the security line item alone for the 2004 Athens Olympics was pegged at $1.5 billion. But with the uncertain economic return on investment, why is it that Beijing in 2008 and other cities at other times trip over themselves to pay exorbitant sums for the "privilege" of hosting an Olympics or even a World Cup?
Articles-->
http://www.worth.com/Editorial/Thought-Leaders/Politics-Policy/World-Marketplace-Fools-Gold-Print.asp
http://online.wsj.com/article/SB121614671139755287.html
Articles-->
http://www.worth.com/Editorial/Thought-Leaders/Politics-Policy/World-Marketplace-Fools-Gold-Print.asp
http://online.wsj.com/article/SB121614671139755287.html
Wednesday, June 25, 2008
Olympic "Ambush" Marketing: Fair or Foul?
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Article --> http://online.wsj.com/article_print/SB121433185767600541.html
Tuesday, June 24, 2008
Golden Bear
Delegation Roster
I will post more about each student later, but for now . . . here's the crew:
JENN ASHLEY, Rensselaer, NY
MARTI BLUM, Huntingdon Valley, PA
LAUREN BROUILLETTE, Wolcott, CT
WHITNEY DePRIZIO, East Falmouth, MA
JESSICA DiPIETRO, Bethlehem, CT
AMANDA GOLDSMITH, Stamford, CT
ROB HORTON, Saugerties, NY
MIKE KUCHNO, Colonia, NJ
AJ PAPPAS, Northboro, MA
ASHLEY RICHARD, South Hadley, MA
BREANNE ROCHE, Amherst, NH
JAKE ROY, Plymouth, NH
SHAQIM WALKER, Leominster, MA
JENN ASHLEY, Rensselaer, NY
MARTI BLUM, Huntingdon Valley, PA
LAUREN BROUILLETTE, Wolcott, CT
WHITNEY DePRIZIO, East Falmouth, MA
JESSICA DiPIETRO, Bethlehem, CT
AMANDA GOLDSMITH, Stamford, CT
ROB HORTON, Saugerties, NY
MIKE KUCHNO, Colonia, NJ
AJ PAPPAS, Northboro, MA
ASHLEY RICHARD, South Hadley, MA
BREANNE ROCHE, Amherst, NH
JAKE ROY, Plymouth, NH
SHAQIM WALKER, Leominster, MA
Seminar Abroad '08
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