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Is Adidas Picking Up Nike's Crumbs?

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(OTC: ADDYY) is an also-ran for most.  But that could be changing.  We've already told you that Nike Inc (NYSE: NKE) is losing ground… but it might not just be Under Armour picking up the crumbs…

Social data for Adidas is soaring, with sentiment going sky high and purchase intent volume jumping off the page in the LikeFolio App:

Those are impressive moves by the company over the last few months.

This is also backed up by Google Trends data, which clearly shows an acceleration in the popularity of the brand over the recent past:

Obviously, the company is starting to get more consumer interest on Main Street– and that's exactly the kind of thing that can take a little-watched stock like Adidas higher at sprinter speed.

– LikeFolio provides research on companies based on purchase intent and sentiment data gathered from consumers on social media. 

The following article is from one of our external contributors. It does not represent the opinion of Benzinga and has not been edited.

Posted-In: Adidas NikeCrowdsourcing General

 

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