EPISODE · Dec 19, 2024 · 13 MIN
Can Reebok Nutrition Be Successful? | Why Did Reebok Enter the Sports Nutrition Supplements Market?
from the Joshua Schall Audio Experience · host Joshua Schall
Several years ago, I explored three strategic paths of extending into nutritional supplements that would be available to major lifestyle brands predominantly known for athletic apparel. And those were obviously entering the supplement category through acquisition, internal brand development, or creating a strategic partnership. But since that original content was released, several large athletic apparel brands have indeed decided to extend into nutritional supplements...and by leveraging each of those three strategic paths. The first example was ALO Yoga that internally developed its three SKU Stackable Wellness System that launched in August 2023. Next, an example of entering the supplement category through M&A happened in January 2024 when NOBULL acquired Tom Brady’s wellness company TB12. Finally, the recent Reebok Nutrition announcement officially provided me with that final strategic path...with the multibillion-dollar global brand (now owned by Authentic Brand Group) deciding to enter the ingestible CPG world through maybe the least risky (and definitely most comfortable) manner of leveraging a licensing partnership. And I state that because ABG knows licensing extremely well…as it’s the world’s largest sports and entertainment licensing company. So, who’s the strategic partner ABG chose for Reebok Nutrition? That would be Generation Joy, which is admittedly not a company I had ever heard of prior to this Reebok Nutrition announcement. From a quick search, it seems Generation Joy was founded in 2016 by certified holistic health coach Joy Harari. The first (or at least the most commercially successful) creation from Generation Joy is a nutricosmetic cosmeceutical mashup brand leveraging marine collagen called Shore Magic. But more importantly, my latest first principles thinking content will explore (1) why did Reebok decide now is the time to enter the sports nutrition market and (2) what could impact the probability that Reebok Nutrition will be successful? FOLLOW ME ON MY SOCIAL MEDIA ACCOUNTS LINKEDIN YOUTUBE TWITTER INSTAGRAM FACEBOOK
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Can Reebok Nutrition Be Successful? | Why Did Reebok Enter the Sports Nutrition Supplements Market?
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