Sportswear & sporting goods companies by worldwide revenue 2020

Published by Tugba Sabanoglu, Mar 26, 2021

The statistic ranks sporting goods / sportswear manufacturers according to their respective worldwide revenues in 2019/2020. Nike generated the most revenue of the companies compared in this statistics with around 37.4 billion U.S. dollars in revenue in the company's fiscal year 2020.

Sportswear companies revenue - additional information

Nike and Adidas are the most dominant sportswear and sporting goods companies worldwide with combined revenue of above 61 billion U.S. dollars in 2020. Nike is an American corporation which was founded in January 1964 as Blue Ribbon Sports and officially became Nike, Inc. in May 1971. Its worldwide revenue surpassed 37 billion U.S. dollars in 2020, almost three times the figure of 2005. There are around 1,096 Nike retail stores worldwide. A large proportion of Nike’s income comes from footwear and revenue in this segment was over 23 billion U.S. dollars in 2020, in comparison to 13.67 billion U.S. dollars generated by Adidas in the same sector.

Adidas was founded in 1949 by the German Adolf Dassler, following a rift between him and his brother Rudolf (who went on to create the sporting company “Puma”). Net sales of the Adidas brand worldwide reached 21.5 billion euros in 2019, making it the second largest sportswear company in the world behind Nike. The sales of the corporation can be split into three product categories – footwear, apparel, and hardware. Asia-Pacific was the biggest market for Adidas with 33 percent of their net sales coming from this region, compared to 27 percent in Europe and 24 percent in North America.

Sportswear / Sporting goods companies ranked by worldwide revenue in 2020 (in billion U.S. dollars)*

Characteristic	Revenue in billion U.S. dollars
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Release date

March 2021

More information

Region

Worldwide

Survey time period

2020 to 2020

Supplementary notes

* Figures from annual reports; most recent fiscal year - start / end of fiscal year of the companies differ from one another.
Nike - fiscal year ended May 31, 2020
Adidas - fiscal year ended December 31, 2020; Figure converted from Euros to U.S. dollars at the exchange rate of 1 Euro - 1.22824 U.S. dollars (December 31, 2020)
VF Corporation - fiscal year ended March 28, 2020; revenue from Active and Outdoor segments only.
Puma - fiscal year ended December 31, 2020; figure converted from Euros to U.S. dollars at the exchange rate of 1 Euro - 1.22824 U.S. dollars (December 31, 2020)
Asics - fiscal year ended December 31, 2020; Figure converted from Yen to U.S. dollars at the exchange rate of 1 Yen - 0.01 U.S. dollars (December 31, 2020) Mizuno - fiscal year ended March 31, 2020; Figure converted from Yen to U.S. dollars at the exchange rate of 1 Yen - 0.009299 U.S. dollars (March 31, 2020).