4.6 • 716 Ratings
🗓️ 9 May 2024
⏱️ 6 minutes
🧾️ Download transcript
Today is Thursday, May 9, and we're looking at Nike vs. Adidas.
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1:02.7 | Thank you. McMillan Online Community. From Wondry, I'm David Brown, and this is Business Awards Daily on this Thursday, May 9th. |
1:06.9 | Well, it's almost that time again. |
1:20.6 | Yeah. Well, it's almost that time again. Yes, the Summer Olympics will be here before we know it. |
1:24.3 | For about three weeks in July and August will be a wash in fierce competitions and not |
1:28.7 | just among the athletes. Brands are spending big money on this year's game, so much so that |
1:34.5 | Ad Age magazine predicts that the rate of spending on advertising will grow almost 8% this year. |
1:39.3 | That's about double what it grew last year. One of the brands spending big on the games is, |
1:43.9 | not surprisingly, Nike. |
1:46.0 | In fact, Nike is spending more on these Olympic games than on any others in the past. |
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