Brand-Extensions and Co-Branding
Brand-Extensions and Co-Branding
Brand-Extensions and Co-Branding
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Name: Kyle Joseph Z. Campos
Lucy Mae Jucutan
Course: BSBA- 2A
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Kanye West, known for his Grammy-winning rap collections, collaborated with Adidas
to build up a very good quality footwear line called Yeezy. The mix of Kanye's own image and
Adidas' developing street wear portion has made for powerful organization profit and brand
development since it was presented. Kanye's celebrity appeal benefits Adidas by making buzz
around its clothing, and the athletic wear brand gives Kanye a well established platform to build
his very good quality dress line. Perhaps the most strongest draw of Yeezy and most notably,its
shoes, is its eliteness.
The Adidas and Kanye collaboration final quarter income report, which saw deals rise 3.5% to
5.23 billion euros and benefits take off 29% to 93 million euros. For the entire year, incomes
climbed 3.3% to 21.91 billion euros, and overall gain expanded 19.5% to 1.7 billion euros
The establishment of Yeezy, and the supporting of its valuation, is its footwear coordinated effort
with Adidas. The attire line, which Yeezy delivers independently of Adidas, hasn't fared close.