Through the years Reebok has developed a brand that focuses on the lifestyle as well as âhaving fun staying in shapeâ. Adidas AG, Nike Inc. (NKE), and Under Armour Inc. (UA) are the three largest retailers in the competitive athletic apparel industry. Their inventory and assets/market cap is valued at $86 billion USD. The sports apparel maker posted another quarter of double-digit sales growth in North America on Thursday, beating competitors Nike and Under Armour on their home turf. adidas exceeded its own revenue projections and Nike saw significant jumps in revenue compared to the same time in 2013. Under Armour is having trouble attracting customers in North America, as Nike , Adidas and smaller brands such as Fila and Puma thrive, Cristina Fernandez, analyst at ⦠Adidas just did it. Nike For Nike, North America is also the main target because of the global revenue generated in 2017. This growth has been led by the apparel and footwear segment which have continued to achieve robust growth in the last couple of years by driven continued global trends such as increasing penetration of sportswear, rising sports participation rate, and increasing health awareness. Earnings, revenue, and direct to consumer sales all beat analyst expectations. Adidas and Nike both have powerful brands that are sold around the w orld. Compare Nike to its competitors by revenue, employee growth and other metrics at Craft. Both of their popularity has become so immense that they are literally household names. Nike's total revenue in 2018 stood at $39 billion - almost 50% more than Adidas' $26 billion. 53% of Adidas' revenue ⦠North America and Western Europe are the pairâs two top regions for sales. Whether on the field of play, on social media or emblazoned on replica kit, ... has been the historic powerhouse of the German companyâs revenues and it has put aside a large war chest so that it can stay on top. Notice on the left graph, several Adidas sneakers have above 500 reviews and one with around 2500 reviews, indicating many consumers are willing to spend from $100 up to $200 for a pair of running or casual sneakers. Nike also maintains a significant lead in revenue, with $32.4 billion in annual sales in fiscal 2016, compared to about US$20.6 billion for Adidas. Who is the biggest company of them all? Adidas is much smaller than Nike, but what makes Adidas different is that it has a better sense of what its customers are looking for and works on it. Nike If you were to look at the books, it would seem that Nike is absolutely crushing Adidas. Submitted By Under Armour: An Overview . Things are getting pretty heated between Nike and Adidas right now. Ever heard of any legendary businessman having derived inspiration from any other company? Nike vs Adidas: a league of their own. After a nearly two-year period of blockbuster gains, Adidas appears to be having its own âwhat goes up must come downâ moment. Nike too faces struggles in North America as revenues dropped 3%, with that also attributed largely to a cut back in wholesale revenues. Nike is not used to playing catchup, but Adidas is beating it in technology, innovation and style. Nike is another worldâs renowned manufacturer of sports equipment, and accessories founded in 1964. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income. The fiscal year truncates for Nike at May 31st, while for the Adidas the end of the year is marked at December 31st. A Project Report on A COMPARATIVE MARKET STUDY: NIKE VS ADIDAS. Adidas is one of the worldâs most famous companies in manufacturing sportswear and other accessories founded in 1948. Revenue from apparel segment of Nike, Adidas and Puma worldwide from 2016 to 2019 (in billion U.S. dollars)* [Graph]. Nike vs Adidas sales: where do they make their sales and revenue? Adidas vs. Nike vs. Shoe pricing doesnât have a strong correlation to the number of reviews and ratings. Adidas vs. Nike. NIKE annual/quarterly revenue history and growth rate from 2006 to 2020. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. 28.) 61% of Nike's revenue came from footwear sales last year, with the remainder coming from sales of apparel, accessories, and licensed brands. Two years later, adidas saw a resurgence â some even called it a revival. Nike and Adidas are two of the most popular sports equipment companies in the world. Nike vs. Adidas: A Financial Comparison Adidas Nike Founded in 1964 Founded in 1924 American German Kathlyn Skolnik | Josephine Niu | Sasha Karelsky | Yuri Ishikawa Parker Sullivan | Taylor Lodi | Paul Steliga | Alex Kohn $20.9 Billion $30.6 Billion 53,731 Employees 62,200 On the other hand, Adidas is registered as a public company on the Frankfurt Stock Exchange and therefore complies with the International Financial Reporting Standards (IFRS). Better Buy: Nike vs. Ulta Beauty Both companies have a history of revenue growth, but one may recover more quickly from the coronavirus crisis. Nike: The worldâs largest sporting-goods maker reported 2013 revenue of â¬18.7 billion ($25.3 billion, up 8 percent). In comparison, adidas, one of Nikeâs largest competitors, held less than five percent of this market. Well, the majority of you will say a big âNOâ. Nike rival Adidas reported that earnings fell by almost 100% in the first quarter due to the impact of coronavirus, and it sees the situation worsening in Q2.. X. Nike And Adidas. Nike's main competitors include Anta, lululemon athletica, VF Corporation, Adidas, Reebok, ASICS, FILA, Puma, Under Armour, Skechers and New Balance. In Statista . Adidas tries to improve their performance through technological innovation similar to Nikeâs brand. In 2014, both brands established new personal records for revenue following the World Cup. In the world today, it may be difficult to generalize beyond the visuals of Nike and Adidas shoes. As of 2017, Nike held a 21.1 percent share of the U.S. footwear market. Nike vs Adidas. Thanks to the iconic Superstar and NMD line, paired with buzzworthy endorsements with the likes of Kanye West, the three-stripes were back in the game. Reebok is fresh brand, but not as trendy as Nike and Adidas. Adidas brand sales in North America were up 25% in 2017, compared with 3% for Nike (). Adidas and Nike have similar price ranges ($50 to $250) for their running and casual shoes. They pretty much have the same target: people who love sports. âThe sales momentum Adidas is experiencing is undeniable and well known at this point,â said Camilo Lyon, an analyst at Canaccord Genuity. The Nike vs. adidas War. Nike vs. Adidas vs. Puma in a head to head battle for global dominator in athletic shoes, gear, and apparel. Thatâs a staggering number, and itâs hard to believe that Adidas could even come close to touching it. In 2019, Adidas' revenue from footwear was 15.14 billion U.S. dollars. Statistics reveal that Adidas shoes were out in front of Nike for a given period of time due to its collaborations with other designers from various companies. But adidas saw more soccer-related revenue than Nike ⦠Nike (NKE) reported fiscal Q2 earnings after market close on December 18. NIKE Vs ADIDAS Shoes. 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