Market Summary
Sports participation and general apparel are both fragmented markets, but sportswear features a more
concentrated structure, centered on a small number of key companies and brands. These are led, at
both UK and global level, by Nike and Adidas Group.
Macro-environmental Analysis. PESTEL framework:A macro-environmental PESTEL stands
for Political, Economic, Sociological, Technological, Legal, and Environmental. PESTEL analysis is
in effect an audit of an organization’s environmental influences with the purpose of using this
information to guide strategic decision-making (Shank, 2009). The key issues are summarized below: