People dont care unless its exclusive, co-signed, and has good resell price. Adena Jones, co-founder of Another Lane, a community for sneaker enthusiasts, told Input that Mids got a bad reputation from followers because of the cheaper price, though there are a few exceptions. The United States has more than 2,000 Nike stores. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. Save my name, email, and website in this browser for the next time I comment. Which Company Has The Best Supply Chain Management? It uses its social media presence to share its newest products and campaigns to consumers globally. You only have access to basic statistics. Which contains more carcinogens luncheon meats or grilled meats? Why is Nike so successful internationally? You need at least a Starter Account to use this feature. In these countries, Nike sells a wide range of products, including sneakers, clothing, and accessories. Nike is also affected by the Asian economic crisis since its products are made in some parts of Southeast Asia (Indonesia, Taiwan, Vietnam, Japan, Korea, Pakistan, and Thailand), where labor costs and material prices are rising. Although this can be confusing why Nike outsources across so many countries, its good practice for the company to spread their supply across multiple nations, effectively mitigating risk & potential dependency on any 1 nation. Nike is a major sponsor of many sporting events, and they have a large advertising budget. Nike acquired Converse for $305 million in 2003. Nikes products are sold in more than 190 countries. The company initially operated as a distributor athletic footwearNike designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories. The company has more than 8,000 stores worldwide. In Ancient Greece, Helios was depicted as having a bright crown and driving a horse-drawn chariot. to incorporate the statistic into your presentation at any time. So what does Nike stand for? This number is expected to grow to over 3,000 by 2021. China was the worlds leading consumer of footwear, with around 3.94 billion pairs of shoes bought in 2020. Today were a diversified and complex global organization: From the beginning, our business model was built on partnerships athletes, teams, retailers, manufacturers, and supply chain providers. The two men were passionate about sports and sneakers, and they decided to start their own company. It has 700 shops around the world. WebIn the EMEA region (Europe, Middle East, and Africa), the company generated nearly 12.5 billion U.S. dollars' worth of sales that year. 79,100 people were employed by Nike at the end of May 2022, up from 73,300 in 2021. In fiscal year 2014, NIKE was supplied by ~430 apparel factories operating in 41 countries. Revenue of the cosmetic & beauty industry in the U.S. 2002-2022, Value of the leading global textile exporters in 2021, by country, Vegetable oils: global consumption 2013/14 to 2022/23, by oil type, Cocoa bean production worldwide 2020/2021-2022/2023, by country, World coffee per capita consumption: major consumer countries 2015, Cosmetics industry in the U.S. - statistics & facts, Research expert covering shopping behavior, sports and leisure retail, and the subscriptions and direct selling industry, Profit from additional features with an Employee Account. WebUse Ask Statista Research Service, The adidas Group's net sales worldwide from 2000 to 2021, Net sales of Skechers worldwide 2011-2021, Nike's footwear sectors net revenue 2017-2022, by region. 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WebFind a Nike Store Albania (2) Algeria (3) Argentina (11) Armenia (1) Australia (54) Austria (6) Azerbaijan (2) Bahrain (3) Belarus (2) Belgium (9) Bosnia and Herzegovina (3) Brazil (21) Bulgaria (5) Canada (40) Chile (24) China Mainland (436) Croatia (5) Cyprus (3) Czechia (9) Denmark (7) Egypt (12) Estonia (5) France (56) Georgia (4) Germany (29) The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Show sources information Youll find, for example, the US has the most affordable Jordans, costing just 1.95% of the average monthly wage. Does Jerry Seinfeld have Parkinson's disease? Nike acquired Celect, a predictive analytics company, in 2019. "Nike's Revenue Share Worldwide in The Fiscal Year of 2022, by Region. We have more than 30,000 worldwide employees. What time does normal church end on Sunday? How Do You Care For Louis Vuitton Vachetta Leather. Available: https://www.statista.com/statistics/241861/global-revenue-of-nike-by-region/, Nike's revenue share worldwide in the fiscal year of 2022, by region, Immediate access to statistics, forecasts & reports, Global sales growth forecast of the top active footwear companies 2022, Global sales growth forecast of the top active apparel companies 2022, Sportswear & sporting goods companies by worldwide revenue 2021, Most valuable clothing brands worldwide in 2022, Size of the sportswear market in the U.S. 2019 to 2025, Wholesale sales of sports apparel in the U.S. 2008-2021, Wholesale sales of athletic footwear in the U.S. 2008-2021, Adidas retail net sales growth worldwide 2010-2021, Global share of adidas retail sales in 2021, by region, Quarterly net sales of the adidas Group worldwide from 2017 to 2021, Global gross profit of the adidas Group from 2000 to 2022, The adidas Group's operating profit worldwide 2000-2021, The adidas Group's EBITDA worldwide 2000-2022, Share of adidas' net sales worldwide in 2021, by product type, Adidas Group's global net sales from 2002 to 2022, by product category, The adidas Group's global footwear production from 2008-2022, The adidas Group's global apparel production from 2008 to 2022, Global accessories and gear production of adidas Group from 2010 to 2021, The adidas Group's number of retail stores worldwide 2016 to 2021, R&D expenditure of the adidas Group worldwide from 2010 to 2021, Global brand value of Adidas from 2016 to 2021, The adidas Group's financial leverage worldwide 2000-2021, adidas Group POS marketing spend 2015-2022, Nike's revenue share worldwide in 2022, by region, Global revenue share of Nike in 2022, by product type, Global brand value comparison of Nike and adidas from 2010 to 2022, Consolidated sales of Puma worldwide from 1993 to 2022, Share of Puma's sales worldwide in 2022, by region, Share of Puma's consolidated sales worldwide in 2022, by product category, Net sales of the Reebok brand worldwide from 2006 to 2021, Nike's revenue in emerging markets 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, Nike's quarterly revenue worldwide from 2017 to 2022, Gross profit margin percentage of Nike worldwide from 2014 to 2022, Nike's DTC revenue share worldwide 2011-2015, Nike's revenue in Western Europe 2009-2017, by segment, Global wholesale revenue of Nike from 2020 to 2022, by customer segment, Global brand value comparison of Nike and adidas from 2010 to 2021, Global brand value of Nike from 2016 to 2022, Retail price breakdown of Nike Air Jordan shoes 2015, Retail price breakdown of Nike Cortez/Roshe running shoes 2015, Forecast of Nike's global market share in athletic footwear 2011-2025, Nike's waste generated at headquarters worldwide 2017-2021, by disposal method, Nike's diverted waste stream share distribution 2015, Forecasted apparel market value in Indonesia 2018-2022, Industry revenue of manufacture of wearing apparel in Italy 2012-2025, Find your information in our database containing over 20,000 reports. Nike is now a global brand, and it is headquartered in Beaverton, Oregon. We have more than 30,000 worldwide employees. As a result, Nike began to urge its suppliers to re-locate their operations to other, lower-cost countries. If you are an admin, please authenticate by logging in again. Use Ask Statista Research Service. list of countries where nike shoes are being sold list of countries where nike shoes are being sold. The country with the most Nike stores is the United States. Does Jerry Seinfeld have Parkinson's disease? Use Ask Statista Research Service, Total number of employees working for Nike 2009-2022, Nike's revenue worldwide 2017-2022, by region, To download this statistic in XLS format you need a Statista Account, To download this statistic in PNG format you need a Statista Account, To download this statistic in PDF format you need a Statista Account. Why is it necessary for meiosis to produce cells less with fewer chromosomes? Nike stores can be found in over 100 countries, with the majority in the United States, China, and Japan. WILL SCL2 and SCl4 have the same shape as CH4? At the time, Knight was a track coach at the University of Oregon, and Bowerman was his assistant coach. WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security. Nike, in ancient Greek religion, the goddess of victory, daughter of the giant Pallas and of the infernal River Styx. 1 Most of its products are sourced from China, Vietnam, Indonesia, and Thailand. It employs more than 70,000 people worldwide, and its products are sold in more than 160 countries. Emirates, the United Kingdom, Uruguay and Vietnam. In China, for example, Nike has more than 2,000 stores. How can a map enhance your understanding? The company plans to continue its global expansion in the years ahead. Nike is one of the most popular and well-known brands in the world. 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