As one of the largest and most recognizable athletic brands on the planet, it is of little surprise that Nike is the leader within its own industry of athletic apparel, accessories and footwear, with sales reaching over 38 billion U.S. dollars in the period from December 2019 to December 2020. Performance, sports-inspired, and outdoor are the main classifications used for distinguishing between different types of athletic clothing, accessories, and footwear.
Top athletic brands
The sports apparel industry is a lucrative one, which is forecast to grow further in the coming years. Not only is Nike one of the most prominent producers within this market worldwide, but the company also holds the honor of being ranked as the world's leading athletic apparel brand. Adidas, Puma, and Under Armour are some of Nike’s main competitors, as they operate within the same markets. However, Nike’s brand value has historically been significantly higher than that of its closest competitor, adidas.
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Moss Adams Capital. (March 10, 2021). Sales of the biggest athletic apparel, accessories and footwear companies worldwide in 2020 (in million U.S. dollars) [Graph]. In Statista. Retrieved May 23, 2022, from https://www.statista.com/statistics/900271/leading-sportswear-and-performance-wear-companies-by-sales-worldwide/
Moss Adams Capital. "Sales of the biggest athletic apparel, accessories and footwear companies worldwide in 2020 (in million U.S. dollars)." Chart. March 10, 2021. Statista. Accessed May 23, 2022. https://www.statista.com/statistics/900271/leading-sportswear-and-performance-wear-companies-by-sales-worldwide/
Moss Adams Capital. (2021). Sales of the biggest athletic apparel, accessories and footwear companies worldwide in 2020 (in million U.S. dollars). Statista. Statista Inc.. Accessed: May 23, 2022. https://www.statista.com/statistics/900271/leading-sportswear-and-performance-wear-companies-by-sales-worldwide/
Moss Adams Capital. "Sales of The Biggest Athletic Apparel, Accessories and Footwear Companies Worldwide in 2020 (in Million U.S. Dollars)." Statista, Statista Inc., 10 Mar 2021, https://www.statista.com/statistics/900271/leading-sportswear-and-performance-wear-companies-by-sales-worldwide/
Moss Adams Capital, Sales of the biggest athletic apparel, accessories and footwear companies worldwide in 2020 (in million U.S. dollars) Statista, https://www.statista.com/statistics/900271/leading-sportswear-and-performance-wear-companies-by-sales-worldwide/ (last visited May 23, 2022)
