The statistic ranks sporting goods / sportswear manufacturers according to their respective worldwide revenues in 2020/2021. Nike generated the most revenue of the companies compared in this statistic with around 44.5 billion U.S. dollars in revenue in the company's fiscal year 2021.
Sportswear companies revenue - additional information
Nike and Adidas are the most dominant sportswear and sporting goods companies worldwide with combined revenues of above 68 billion U.S. dollars in 2021. 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 44 billion U.S. dollars in 2021, over three times the figure of 2005. There are around 1,000 Nike retail stores worldwide. A large proportion of Nike’s income comes from footwear and revenue in this segment was over 28 billion U.S. dollars in 2021, in comparison to 12.84 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 18 billion euros in 2020, 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. EMEA was the biggest market for Adidas with 37 percent of their net sales coming from this region, compared to 24 percent in North America and 22 percent in Greater China.
Sportswear / Sporting goods companies ranked by worldwide revenue in 2021
(in billion U.S. dollars)
Figures come from annual reports for the most recent fiscal year - the start / end of the fiscal years of the companies differ from one another.
Nike - fiscal year ended May 31, 2021
Adidas - fiscal year ended December 31, 2021; Figure converted from Euros to U.S. dollars at the exchange rate of 1 Euro - 1.1324 U.S. dollars (December 31, 2021)
VF Corporation - fiscal year ended April 03, 2021; revenue from Active and Outdoor segments only.
lululemon - fiscal year ended January 30, 2022
Puma - fiscal year ended December 31, 2021; figure converted from Euros to U.S. dollars at the exchange rate of 1 Euro - 1.1324 U.S. dollars (December 31, 2021)
Asics - fiscal year ended December 31, 2021; Figure converted from Yen to U.S. dollars at the exchange rate of 1 Yen - 0.00869 U.S. dollars (December 31, 2021)
Mizuno - fiscal year ended March 31, 2021; Figure converted from Yen to U.S. dollars at the exchange rate of 1 Yen - 0.00907 U.S. dollars (March 31, 2021).
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Statista. (May 11, 2022). Sportswear / Sporting goods companies ranked by worldwide revenue in 2021 (in billion U.S. dollars) [Graph]. In Statista. Retrieved May 17, 2022, from https://www.statista.com/statistics/241885/sporting-goods--sportswear-companies-revenue-worldwide/
Statista. "Sportswear / Sporting goods companies ranked by worldwide revenue in 2021 (in billion U.S. dollars)." Chart. May 11, 2022. Statista. Accessed May 17, 2022. https://www.statista.com/statistics/241885/sporting-goods--sportswear-companies-revenue-worldwide/
Statista. (2022). Sportswear / Sporting goods companies ranked by worldwide revenue in 2021 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: May 17, 2022. https://www.statista.com/statistics/241885/sporting-goods--sportswear-companies-revenue-worldwide/
Statista. "Sportswear / Sporting Goods Companies Ranked by Worldwide Revenue in 2021 (in Billion U.S. Dollars)." Statista, Statista Inc., 11 May 2022, https://www.statista.com/statistics/241885/sporting-goods--sportswear-companies-revenue-worldwide/
Statista, Sportswear / Sporting goods companies ranked by worldwide revenue in 2021 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/241885/sporting-goods--sportswear-companies-revenue-worldwide/ (last visited May 17, 2022)