In one critical effort to engage sneakerheads who in turn help the brand drive buzz and create a halo effect across the rest of Nike's product lines, the store has brought to life Nike’s popular SNKRS limited-edition sneaker release app. “It’s clear that the consumer is craving experiences, and the fastest way to meet that demand is to test, learn and scale new features,” Nike CEO Mark Parker said on the call Thursday, adding that the performance at the New York flagship and at the company's new Shanghai flagship has topped expectations. Nike and Adidas remain far ahead, however, not only on the world stage but also in China. A paid subscription is required for full access. Chart. https://t.co/8B52s9r6Ek $nke $uaa $lulu #nike pic.twitter.com/V4H1NVilT6, — Andria Cheng (@AndriaCheng) December 21, 2018. Nike sales revenue in 1996 was $6.4 billion USD and has grown to $32.46 billion USD as of 2016 The percentage of the American athletic footwear market owned by NIKE Inc. - so that includes Nike, Jordan Brand and Converse. You only have access to basic statistics. March 22, 2019. The athletic footwear market is also affected by the innovations made by the market players in the product development, for instance smart footwear that calculates the calories burnt. NIKE annual revenue for 2020 was $37.403B, a 4.38% decline from 2019. This statistic shows Nike's market share in athletic footwear from 2011 to 2025. Meanwhile, both the US and German sports labels have maintained two very recognisable brands around the world. In North America, Nike’s largest market, the company saw strong demand, with sales up 9%, led by demand for both its shoes and its apparel. New, Figures and insights about the advertising and media world, Industry Outlook In fact, at a pace far outpacing the retail industry average, Nike’s mobile demand has exceeded more than half of its e-commerce sales, Campion said. Please authenticate by going to "My account" → "Administration". It's also selling on Walmart's urban play, Jet.com. You need at least a Single Account to use this feature. Directly accessible data for 170 industries from 50 countries 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. As a Premium user you get access to the detailed source references and background information about this statistic. The Swoosh brand's constant-currency sales jumped 14%, to $8.9 billion, while Converse sales rose 6%, to $425 million. Then you can access your favorite statistics via the star in the header. This statistic is not included in your account. 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. Could ‘Revenge Spending’ Help Retail Recover From Coronavirus? As soon as this statistic is updated, you will immediately be notified via e-mail. Nike shares surged nearly 8% in after-hours trading on Thursday after the only fashion stock in the 30-member Dow index reported better-than-expected fiscal second-quarter profit and sales and eased worries that the U.S.-China tariff spat will hurt demand in China, the company's critical growth market. The largest group of Nikes target market is the young males who purchase more footwear than any other group. In addition to expanding its own online sales, Nike has begun to sell direct on online giant Amazon. How Nike's and Starbucks' Global Strategies Keep Them Ahead of Competitors Both of these companies have seen major growth in international markets, … ", Trefis.com, Forecast of Nike's global market share in athletic footwear from 2011 to 2025 Statista, https://www.statista.com/statistics/216821/forecast-for-nikes-global-market-share-in-athletic-footwear-until-2017/ (last visited December 21, 2020), Forecast of Nike's global market share in athletic footwear from 2011 to 2025, Retail sales of the global apparel and footwear market 2017-2030, Size of the global sports market in 2018 and 2023, by product category, Sports market share worldwide in 2018, by country, Global sales of the top performance apparel, accessories, and footwear companies 2019, Global sales growth forecast of top athletic wear companies 2020, Global market shares of the leading apparel brands in 2017, Global gross profit of Nike from 2014 to 2020, Domestic sales share of Nike worldwide from 2016 to 2020, Global revenue of Nike from 2016 to 2020, by sales channel, Global revenue share of Nike in 2020, by product type, Global revenue of Nike from 2016 to 2020, by product category, Nike's revenue worldwide 2017-2020, by region, Nike's North American revenue 2009-2020, by segment, Nike's revenue in EMEA 2016-2020, by segment, Nike's revenue in Greater China 2009-2020, by segment, Nike's revenue in Asia Pacific & Latin America from 2016 to 2020, by segment, Number of Nike's retail stores in the U.S. 2009-2020, Number of Nike's non-U.S. retail stores 2009-2020, Nike's marketing expenses worldwide from 2014 to 2020, The adidas Group's net sales worldwide from 2000 to 2019, Global share of adidas retail sales in 2019, by region, Share of adidas' net sales worldwide in 2019, by product type, Share of Puma's sales worldwide in 2019, by region, Share of Puma's consolidated sales worldwide in 2019, by product category, Under Armour's net revenue worldwide 2008-2019, Under Armour's net sales share worldwide in 2019, by region, Global revenue of Nike from 2017 to 2020, by customer segment, Nike's DTC revenue share worldwide 2011-2015, Nike's revenue in emerging markets 2009-2017, by segment, Nike's quarterly revenue worldwide from 2017 to 2020, Gross profit margin percentage of Nike worldwide from 2014 to 2020, Nike's revenue in Western Europe 2009-2017, by segment, Nike's revenue in Central and Eastern Europe 2009-2017, by segment, Nike's revenue in Japan 2009-2017, by segment, Value of Nike's endorsement contracts worldwide 2021-2025, Forecast of EBITDA of Nike quarterly 2019-2021, Top 25 sporting brands ranked by brand-awareness amongst men in the U.S. 2014, Media perception of Nike in the Netherlands 2020, by characteristic, Net sales of Italian company Geox 2019, by geographical area, Tod's: number of employees worldwide 2014-2019, by region, Tod's: number of employees worldwide 2014-2019, Top leather importers worldwide in 2016, by country, Industry revenue of »manufacture of leather clothes« in Latvia 2011-2023, Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre, employed over 70 thousand people worldwide, sponsors many high-profile professional athletes.