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NEW ERA HATS

NEW ERA HATS. Alex Jones Chris Zales A.J. Smith. HISTORY. Founded- 1920 by Ehrhardt Koch Second mortgage $5000, 14 employees, and a promise! Now 4 th generation management. HISTORY Cont’d. 1930’s Fitted Baseball caps to Spalding & Wilson

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NEW ERA HATS

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  1. NEW ERA HATS Alex Jones Chris Zales A.J. Smith

  2. HISTORY Founded- 1920 by Ehrhardt Koch Second mortgage $5000, 14 employees, and a promise! Now 4th generation management

  3. HISTORY Cont’d 1930’s Fitted Baseball caps to Spalding & Wilson 1940’s Sells directly to teams as NEW ERA brand name 1954 59Fifty cap became official hat of MLB 1994 Spike Lee started non-traditional colors Now operating in Canada, Europe, and Japan Has been the leader in hat sales since the introduction of fitted caps

  4. STRENGTHS Dominance of the hat retail industry Strong brand loyalty Largest sports licensed headwear company in the United States Available everywhere Malls Outlet stores Several online retailers including such as Lids, Just Sports, Champs, Foot Locker, neweracaps.com

  5. STRENGTHS Cont’d Control of the “Fashion” cap market, Rap and Hip-Hop Manufacturer of hats for almost all professional and amateur sports teams Team hats available in several colors not just team colors Apparel and accessories Caters to all kinds of people

  6. WEAKNESSES No stand-alone New Era retail stores Actual Sizes can vary on different styles Risky to buy online 100% wool can shrink when wet Expensive compared to others Lack of non-fitted caps Adjustable Snaps, Straps, Velcro Women who wear pony tails or buns

  7. OPPORTUNITIES Moving into markets other than just caps Beanies Accessories (Sunglasses, Necklaces, Wristbands) Clothing Sports Equipment Athlete Endorsements None right now Go Green -100% Organic Wool

  8. THREATS Fakes / Counterfeits eBay Online sites that claim they sell authentic New Era Reebok NFL Contract NBA Contract

  9. REFERENCES http://sports.espn.go.com/mlb/news/story?id=2990288 http://www.neweracap.com/ http://www.google.com http://www.capitate.co.uk/new-era-cap.htm

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