Also Read Top 7 Uber Competitors. 2. The competitor … As of 2017, Nike held a 21.1 percent share of the U.S. footwear market. Other competitors include Puma, Skechers, Anta and Li Ning. If you are looking for a pair of shoes to use in training or competition, then Nike should be your destination. Nike's revenue is the ranked 1st among it's top 10 competitors. GOLF CLUBS Market Report 2020 Future Innovation Strategies and Top Competitors are: Callaway Golf Company, TaylorMade Golf Company, Bridgestone Golf, Mizuno, Nike . Notably, the growing share of the higher-priced direct-to-consumer business and innovation supports Nike’s pricing power. Also, report offers latest trends, growth factors, top players, industry outlook to 2025. 4. Rising competition is hampering Nike’s market share It has trailing 12-month sales of $32.3 billion. Jordan brand has fallen from the resell market and it is hurting Nike. In depth view into Nike Market Cap including historical data from 1980, charts, stats and industry comps. TDR Capital. Miguel Vaca/CC-BY-2.0. Nike's share price was above $129, and its P/E ratio was 76.79. In order to become customers’ first choice of brand, Nike invested heavily on Research … • Trends • Nike Revenue by Geographic Region • Company-owned Retail Stores Increase Profit Margin • Nike's Large Size Reduces Advertising Expenses • Movement Towards Low-performance Footwear • Global Market Slowdown • Growth of China and Other Emerging Markets Leads to More Sales Source: NKE 2008 10-K, Item 6, … Accessed Oct. 7, 2020. Government policies and regulations can affect business operations. Nike continues to outperform Adidas, especially in Europe. Nike’s market share stands at about 27.4% in 2019, ahead of its industry rivals Adidas and ASICS, making Nike the world’s largest company in the global footwear market. Sports shoes are increasingly becoming an essential fashion accessory among global consumers and the sports shoes market is witnessing demand for … Puma Competition Competitors: Below are the top 12 Puma competitors: 1. Founded by Adi Dassler the brother of Rudi, PUMA creator, the company started the shoemaking business in the early 1920’s. The company's full-year guidance was strong as well. Compare Nike to its competitors by revenue, employee growth and other metrics at Craft. There is extensive competition from existing players an new players which is growing in the industry. Headquartered in Beaverton, Oregon, Nike has a market capitalization of around $203 billion as of early November 2020. Nike is still the top apparel brand after all. Find the latest Nike, Inc. (NKE) stock quote, history, news and other vital information to help you with your stock trading and investing. 31% of the global athletic footwear market. … Huge Customer base – Nike has millions of customer from around the world who loyally follow Nike’s trends, participate in Nike events, and even provide customer feedback. Nike's digital reach helped its China segment continue to perform despite coronavirus-fueled shutdowns in the first few months of 2020. Nike reported a loss of $790 million, or 51 cents per share, during the period ended May 31, compared with net income of $989 million, or earnings of 62 cents a share, a year ago. Over the last four quarters, Nike's revenue has grown by 2.6%. Ignoring the impact of currency movements, Adidas is expecting revenue to grow 10% to 12% per year until 2020 compared to 2015 levels, ensuring the business is outperforming the sporting goods industry to grab market share. Imitations of Puma brand is extensively increasing causing losses. Athletic Footwear Market is poised to grow at a CAGR of 7.15% by 2025. Due to its huge customer base, Nike’s market cap has grown to $198 billion as of Oct 2020. Ahead of the tournament, Nike’s social media numbers dwarf those of Adidas. They compete with Nike in many sectors such as the product design, quality, technology, advertising and even competitive price. Nike is the global market leader, but it faces increasing competition in Europe and China. In terms of market share, Nike's biggest competitors are Adidas and Under Armour. Many competitors like Adidas and Puma are developing alternative brands to take away NIKE’s market share. Globally, if Nike is in an emerging market, or a new market, it distributes its product through a third party. Nike delivered strong Q1 2015 results this week. Post author By CredibleMarkets; Post date November 12, 2020; The Report Titled, GOLF CLUBS Market Research: Global Status & Forecast by … Nike. Nike’s sales force is the most professional and has the greatest knowledge of the products compared to its competitors. In April 2020, Nike’s market … … "An overall challenging environment could enhance Nike's global market share momentum," he added. Nike is the the topmost Puma competitor. Intelligent Cloud Segment Market Share Q3 2020 With revenue growth of 7.62 % within Intelligent Cloud segment, Microsoft Corporation achieved improvement in market share, within Intelligent Cloud segment to approximate 28.21 %. Market capitalization is a defining factor when considering who is winning in the market. The figure shows the status and market share of Nike and its competitors in athletic market, where it is seen that the Nike has highest global market share that is … See Nike, Inc. (NKE) stock analyst estimates, including earnings and revenue, EPS, upgrades and downgrades. Following the notable improvement in margins, Adidas is also aiming to keep growing its gross … Valuation model shows a fair value of $47. • List of UA Competitors With net margin of 2.72 % company reported lower profitability than its competitors. Nike has an increasing stronghold over the global sports apparel market, beating its closest competitor Adidas by a wide margin in market share.. Euromonitor . By Staff Writer Last Updated Apr 1, 2020 1:59:38 PM ET. In a bid to regain its edge, Nike, in 1987, launched a new product called Air Max. Nike, Inc. Common Stock (NKE) Stock Quotes - Nasdaq offers stock quotes & market activity data for US and global markets. However, as the company gains critical mass in that particular area of the world, Nike works to go … Statista. After tax, Nike made $4 billion in profit in 2018 compared to $1 billion for Adidas. Nike's designers … Nike's revenues and prestige have rocketed in the past five years. Lists ranking Nike … Nike's main competitors include Anta, lululemon athletica, VF Corporation, Adidas, Reebok, ASICS, FILA, Puma, Under Armour, Skechers and New Balance. Both Nike and Adidas, the two leading sportswear and athleisure brands in the world, have carved out an impressive market share in the increasingly competitive apparel industry. Comparing the results to its competitors, Under Armour Inc reported Total Revenue increase in the 3 quarter 2020 by 0.25 % year on year, while most of its competitors have experienced contraction in revenues by -7.68 %, recorded in the same quarter. Nike has the largest market share in the athletic apparel industry in North America (around 27.4% and, ... and continues to outpace the competition when it comes to sales: Nike’s Air Jordan brand of basketball sneakers generated over $3.14 billion in the fiscal year ending May 2019, up 10% from the previous year. While Nike is still the industry leader in terms of sales, Adidas is the most profitable, with a gross profit margin close to 52.08%, compared to 44.70% for Nike. 3. Specifically, in Q3 2020's revenue was $10.6B; in Q2 2020, it was $6.3B; in Q1 2020, it was $10.1B; in Q4 2019, Nike's revenue was $10.3B. "Market share of grocery stores in great Britain from January 2015 to May 2020." Nike vs Adidas: Market Share . In comparison, adidas, one of Nike’s largest competitors, held less than five percent of this market. Winner: Nike 4 – Global presence Nike is still very dependent on sales in the US, which accounted for 40% of its turnover in 2018. Nike's competitors had by then developed their business in this segment. Nike has captured approx. With almost double the … At $38 billion, Adidas’s market capitalization in 2018 was only around a third of Nike’s $107 billion. 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