Sportswear brands have been booming in recent years, as more people incorporate exercise and sports activities in their daily lives. That’s an unsurprising development, considering that an active lifestyle improves your health and significantly boosts your life expectancy.
Considering that there are still millions of people who don’t get enough exercise, the growth potential for these sportswear brands is huge. That explains why various sportswear brands have been steadily growing and generating billions in revenue when put together. you can browse now and learn about dress codes and read on for the top 10 most valuable sportswear brands generating millions in revenue.
Nike is the world's largest sportswear manufacturer and has been on top of the list for years. The leading American sportswear brand based in Oregon retails its products in over 160 countries worldwide, with shoes being its main product line.
In 2021, the brand is worth about $30.44 billion, which was a drop compared to 2020’s value of $34.79 billion. Nonetheless, the American sports gear company records over $25 million in annual sales selling apparel for every sport ranging from golf and basketball to soccer and tennis.
Launched by Adolf Dassler in 1949, Adidas is a German-based sportswear giant and Nike arch competitor. The global sportswear brand mainly manufactures shoes for all types of sports, but it also creates apparel in other fields, including daily lifestyle.
The company revamped its marketing efforts in 2014 and they’ve recorded over 19.5 billion in sales every year. Adidas has also been FIFA’s official sponsor for the last three decades and that says a lot about the company’s income.
Another German-based multinational corporation, Puma is known for designing and manufacturing athletic and casual shoes, apparel, and accessories. The company was launched in 1948 by Rudolf Dassler, the brother of the Adidas founder, after separating from their original company known as the Dassler Brothers Shoe Company.
Puma has an estimated market cap of $16.4 billion, with annual sales totaling up to $5.7 billion. The company currently sponsors popular athletes like Antoine Griezmann, Sergio Aguero, Romelu Lukaku, David Silva, Luiz Suarez, Vincent Kompany, and many more.
Under Armour is a Baltimore-based sports brand started by Kevin Plank in 1996. The American company manufactures sportswear, shoes, and casual apparel, with an estimated net worth of $5 billion in 2021. The company also has offices in major cities around the world, including Paris, Amsterdam, New York, Jarkata, Panama, and many others.
A subsidiary of Authentic Brands Group, Reebok is a clothing and footwear brand that produces and distributes running, fitness, and CrossFit sportswear outfits. Reebok is an official sponsor of Spartan Race and it also has its line of deodorant and soap.
The American-inspired global brand has a deep heritage in the fitness world, although it has faced tough times over the last decade. That was part of the reason why Adidas decided to sell the company to ABG this year for an estimated value of $2.5 billion.
FILA is a Korean Sportswear manufacturer started in 1911 by Giansevero and Ettore Fila in Piedmont Italy. The company was later sold to US-based Sports Brand International, before being acquired by FILA Korea in 2007. Today, FILA ranks as the fastest-growing sportswear brand, with a brand value of around $2.8 billion.
Anta Sports is a Chinese Sports equipment brand headquartered in Jinjiang, China. The company was launched by Ding Shingzhong in 1991 and its operations involve designing and selling sportswear, footwear, accessories, and other apparel.
Today, Anta Sports has a market cap of around $41.2 billion and a net income of around $1.14 billion. Additionally, Anta has other subsidiaries dealing with sportswear products, including Reedo Sports and Motive Force Sports.
Another Chinese sportswear and footwear brand, Peak Sport started as a shoe manufacturing company in 1989. Basketball has been the company's strongest business since it started, although it covers various sports including volleyball, association football, tennis, running, and others.
Peak has over 5000 exclusive stores spread across Asia, Europe, America, and Australia. The company was valued at $1.4 billion (9 billion Yuan) in January 2021 ahead of its planned domestic IPO in 2022.
Mizuno is a well-known company that produces sports shoes, sporting clothing, footwear, and accessories. The company is headquartered in Japan and sells its products to various retailers around the world. Mizuno reported a net income of over $33 million in 2020, which was almost $10 million lower compared to 2019.
Started in 1938 by Paul Lamfrom, Columbia Sportswear produces and distributes sportswear, outerwear, ski apparel, footwear, headgear, and camping equipment. The company has its headquarters in Oregon, with over 13,000 retail outlets spread across 72 countries around the world. As a result, the global sportswear brand is worth around $6.85 billion today, with its operations continuing to spread across Europe, Asia, and North America.
The Worlds Most Valuable Sportswear Brands to Current Best All Time Sports News
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