Issue
14:
3rd Quarter 2005
Product Overview
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Fast track: tracking the leading players in sporting goods |
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published in Issue 14, 3rd Quarter 2005
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Top tier brands Nike, Adidas and Reebok account for around one-third of the global market for sports apparel and footwear which is worth over US$60 bn.
In footwear, they hold a 60% share of the US$20 bn market. In sports apparel—which is a larger market—they have around 15% of the total. Second tier brands such as Puma, Asics, Mizuno and Umbro are much further behind in terms of market share.
Nike was the Greek goddess of victory and her namesake company is living up to the name.
US-based Nike is the world’s largest sporting goods company and has held that position for many years (see Table 1 and Table 2). Second in line is Germany-based Adidas-Salomon and third is US-based Reebok.
But the big three top tier firms will become the big two in 2006 when Adidas-Salomon completes its purchase of Reebok (while selling off Salomon).
Nonetheless, based on current results, Nike will remain the largest firm in terms of sales even when Adidas and Reebok combine their resources.
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Performance apparel represents one of the fastest growing markets in the global textile and clothing industry--and market growth is being fuelled by an emergence of new fibres, fabrics and innovative materials. The market's growth prospects are also being spurred by increasing demand for performance properties in mainstream fashion. | | What's in Performance Apparel Markets?
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An annual subscription to Performance Apparel Markets is a cost-effective way to keep informed about trends and developments in the global performance apparel industry. Subscriptions are available in printed and/or digital formats. Printed and digital subscribers receive each issue in printed format in addition to a digital PDF file, which is available immediately on publication. Subscribers also receive a complementary digital subscription to Performance Apparel Update, delivered directly by email once a month. This free supplement contains essential information on business news and the latest product developments. Like all Textiles Intelligence publications, Performance Apparel Markets is a reliable source of independently sourced business information, and it does not carry advertising.
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