Stan Smith meets Millennial HENRY... Didn't see it coming. Brand collaborations usually happen between companies that don't directly compete — think: Spotify and Uber, Ben & Jerry's and Netflix, Cheetos and Forever 21 (a classic). But Allbirds and Adidas are shaking things up:
Put those (sneaker) heads together... Adidas and Allbirds will join their resources to reach their carbon-reducing, performance-maintaining goal. But what's in it for each brand?
It's all about brand affinity... Although Adidas and Allbirds directly compete in the footwear market, they each get a key brand value they need out of this collab. Without having to do a full blown brand/biz makeover, Adidas gains affinity with Allbirds' sustainability market, while Allbirds' gets some street cred with Adidas' athletic/performance market. In an era where brand is everything, collabing with a rival could become fashionable.