The company is best known for its sportswear and equipment. The company expects its sales in China to reach $10 billion by 2020. "Nike's Revenue Share Worldwide in The Fiscal Year of 2022, by Region. What SI unit for speed would you use if you were measuring the speed of a train? January 18, 2022. Nike has a long history in Asia. Eventually, Gaia was killed when Kratos impaled Zeus against her heart with the Blade of Olympus, which apparently also killed Zeus. A partnership between the beer and 26-year-old trans influencer Dylan Mulvaney. 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. [2] The growth of Converse as a casual fashion accessory contributed to $2.3 billion in revenue in 2022. Chart. Show publisher information Accessed April 18, 2023. https://www.statista.com/statistics/748626/nike-number-stores-selected-countries-europe/, Nike. We have more than 30,000 worldwide employees. In addition to its retail locations, Nike also has an online presence. China was the worlds leading consumer of footwear, with around 3.94 billion pairs of shoes bought in 2020. The company initially operated as a distributor [Online]. We started with a shoe and a t-shirt. As a Premium user you get access to background information and details about the release of this statistic. Nike is the largest seller of athletic apparel and footwear, generating nearly $37.5 billion in sales. Today its a global organisation because Nike sells its products in 170 countries. Can you use baking powder instead of baking soda to cook crack? The company plans to continue its global expansion in the years ahead. In, Nike. Why fibrous material has only one falling period in drying curve? How do you download your XBOX 360 upgrade onto a CD? "Total Nike retail stores worldwide from 2009 to 2022 ." You only have access to basic statistics. Currently, you are using a shared account. Singapore, Slovakia, Slovenia, South Africa, Spain, Sri Lanka, Does Jerry Seinfeld have Parkinson's disease? However, the company remains a market leader in the region. Theyre deliberately having low supply along with low price, which is a recipe for bots to come in [then] resellers to come in and try to flip these things, he says. In fiscal year 2014, NIKE was supplied by ~430 apparel factories operating in 41 countries. Nike has a reputation for providing excellent customer service, and its products are often seen as a status symbol. How do you download your XBOX 360 upgrade onto a CD? 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. Use Ask Statista Research Service. The company has been aggressive in its It has 700 shops around the world. The company has a presence in more than 160 countries. The company is all about pushing boundaries and achieving the impossible. Nike has its own retail outlets located in every major city of the world. The company has more than 8,000 stores worldwide. Native Hawaiian or other Pacific Islander. WebNike shoes are all made in four different countries China, Vietnam, Indonesia, and Thailand. Your email address will not be published. According to the data found, the cheapest country to purchase a pair of Chucks and Old Skools is Colombia, with the kicks priced at S$29.74 and S$75.95 respectively. China, Vietnam, Thailand, Indonesia, Sri Lanka, Pakistan, and Malaysia accounted for most of the apparel production. Republic of China, the Philippines, Poland, Portugal, Russia, Are you interested in testing our business solutions? Please do not hesitate to contact me. athletic footwearNike designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories. to incorporate the statistic into your presentation at any time. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. 5,709.00. Where is the magnetic force the greatest on a magnet. What countries import Nike products? How can a map enhance your understanding? The company has a rich history and a deep roster of famous athletes. The two men were passionate about sports and sneakers, and they decided to start their own company. Nikes greatest expense category is sales costs (mostly inventory and warehousing), which total more than $21 billion per year. Firstly, it has a very strong brand identity. What year is a 350 engine with GM 8970010 stamped on it? The company has a presence in more than 160 countries and territories and employs more than 70,000 people worldwide. Nike Nike, Inc. is a sportswear and equipment In fiscal year 2014, NIKE was supplied by ~430 apparel factories operating in 41 countries. The ideal entry-level account for individual users. Nike is a multinational corporation that is headquartered in the United States. What impact can gender roles have on consumer behaviour? WebWestern Europe. If you are an admin, please authenticate by logging in again. Profit from the additional features of your individual account. People in all countries know about Nike, and many of them own at least one Nike product. How Many Countries Does Nike Operate In? The Oregon-based company Nike operates in 120 countries and has more than 44,000 employees. Although Nike does not disclose all of the details about the countries they are in, some of the known countries include Indonesia, China, Taiwan, India, Thailand, Vietnam, Pakistan, the Philippines and Malaysia. Nike acquired digital analytics firm Zodiac in 2018. Supply and demand is the biggest reason Air Jordans are so hard to get. Russell Westbrook earns an estimated $12 million a year from his deal with Nike's Jordan Brand. Which Company Has The Best Supply Chain Management? How many credits do you need to graduate with a doctoral degree? Nike has a presence in over 160 countries. in Asia and South America. Nikes products are available in a variety of styles and colors. The target market for Nike is located worldwide, mostly in urban centers. the supreme deity of the ancient Greeks, a son of Cronus and Rhea, brother of Demeter, Hades, Hera, Hestia, and Poseidon, and father of a number of gods, demigods, and mortals; the god of the heavens, identified by the Romans with Jupiter. Chart. in Asia and South America. But what does Nike stand for? Nikes business results and operations continue to be impacted by the pandemic and its effects on global supply chains. WebFrom a sleepy little town in Oregon, Nike has grown into the worlds largest athletic footwear and apparel company. Michael Jordan has earned over $1 billion from his endorsement deals with Nike. Gucci mobilizes all its energy and vigilance to combat notably child labor, forced labor, human trafficking and the exploitation of the most vulnerable groups, in particular migrants, as well as to combat all violence and discrimination, especially against women. 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. Other countries with a large number of Nike stores include Japan (more than 500 stores), the United Kingdom (more than 400 stores), and Germany (more than 300 stores). As of 2019, Nike has a store presence in 68 countries across six continents. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 70m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. As a result, Nike began to urge its suppliers to re-locate their operations to other, lower-cost countries. Whats the most popular shoe in the world? Nike. The companys products are known for their quality and durability. In particular, Nike has benefited from the rapid expansion of the sportswear market in Asia. Learn more about how Statista can support your business. 79,100 people were employed by Nike at the end of May 2022, up from 73,300 in 2021. The company also markets its products directly to consumers through its Web site. Fiscal years end on May 31 of the respective year. Number of retail stores of the adidas Group worldwide 2008-2021, by store type, The adidas Group's net sales worldwide from 2000 to 2022, Number of employees of the adidas Group worldwide from 2000 to 2021. Does Dr. Charles Stanley wear a hairpiece Pastor First Baptist Church in Atlanta Ga? The company accomplished this through its product innovation, high status merchandise that demands greater full-price sales, digital capabilities, and strong global network. It employs more than 70,000 people worldwide, and its products are sold in more than 160 countries. 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. Most Nike shoes are not made in the United States, instead, they are manufactured in 14 countries with 96% of the Nike shoe manufacturing factories in China, Indonesia and Vietnam. According to a report, there are 72 factories in China where Nike shoes are manufactured, which makes up almost 15% of the overall number of their factories. We serve millions of consumers with thousands of products. Thanks, Nike, for helping us all achieve our dreams. The company has a strong presence in Greater China, South Korea, and Japan. Bulgaria, Canada, Chile, Croatia, Cyprus, Czech Republic, Denmark, July 21, 2022. Save my name, email, and website in this browser for the next time I comment. According to Credit Suisse 's recently released 2015 Emerging Markets Consumer Survey, one country in particular just can't seem to get enough of the Nike brand: Saudi Arabia. 4 The co-founder of Nike, Phil Knight, and his son Travis Knight, along with the holding companies and trusts they control, own more than 97% of outstanding Class A shares. The company is planning to continue its expansion in Asia in the years ahead. Please do not hesitate to contact me. What'S Included In Cash And Cash Equivalents? Nike also has a mobile app that allows shoppers to purchase products, track orders, and receive special offers. Which contains more carcinogens luncheon meats or grilled meats? Sweden, Switzerland, Taiwan, Thailand, Turkey, the United Arab Nike has factories and offices in countries all over the world, and their products are sold in almost every country. In addition, Dr. Cloward has run for public office on three occasions (Congress 2009, 2010, and City Council 2012) and has appeared in a variety of media outlets, including FOX and the Pacifica Radio Network (KPFA). Sometimes it is said that Hera alone produced him and that he has no father. The name Nike is derived from the Greek goddess of victory, Nike. Emirates, the United Kingdom, Uruguay and Vietnam. What are the names of the third leaders called? Nike's revenue share worldwide in the fiscal year of 2022, by region [Graph]. Its factories are located in Indonesia, China, Taiwan, India, Thailand, Vietnam, Pakistan, Philippines and Malaysia. $12.228 billion of the $18.353 billion Nike made from North America in its fiscal year 2022 was from footwear. After the manufacturing process is complete the shoes are sent to distribution locations Nike. Nike is a shoemaker and retailer with a presence in over 160 countries. While Nike does not have stores in every country, the company has a strong presence in many countries across the globe. Nike has been criticized for contracting with factories (known as Nike sweatshops) in countries such as China, Vietnam, Indonesia and Mexico. While Nike does not have stores in every country, the company has a strong presence in many countries across the globe. https://d18rn0p25nwr6d.cloudfront.net/CIK-0000320187/de1a2596-13c0-452e-9122-fee481da40ad.pdf, https://brandirectory.com/rankings/apparel/table, http://wayback.vefsafn.is/wayback/20100305144711/http://www.washingtonpost.com/ac2/wp-dyn/A9001-2003Jul17?language=printer, https://news.nike.com/news/nike-celect-acquisition, https://news.nike.com/news/nike-invertex-digital-technology, https://www.forbes.com/sites/korihale/2019/10/22/nikes-media-ambition-leads-to-russell-wilson-securing-a-startup-bag/?sh=3d0ccca65291, https://www.businessinsider.com/why-nike-acquired-virgin-mega-sneakers-2016-8?IR=T, https://news.nike.com/news/nike-data-analytics-zodiac, https://news.nike.com/news/nike-sells-starter-to-iconix-brand-group, https://news.nike.com/news/nike-inc-announces-sale-of-umbro-to-iconix-brand-group, https://news.nike.com/news/nike-inc-sells-bauer-hockey-subsidiary, https://news.nike.com/news/nike-inc-announces-sale-of-cole-haan-to-apax-partners, https://about.nike.com/en/newsroom/resources/fy21-representation-and-pay, https://s1.q4cdn.com/806093406/files/doc_financials/2020/ar/NKE-FY20-10K.pdf, https://www.britannica.com/topic/Nike-Inc, https://www.forbes.com/sites/kurtbadenhausen/2020/05/03/michael-jordans-1-billion-nike-endorsement-is-the-biggest-bargain-in-sports/?sh=2be3d8686136, https://www.forbes.com/sites/kurtbadenhausen/2019/08/28/how-michael-jordan-will-make-145-million-in-2019/?sh=5976dd131064, https://www.forbes.com/sites/kurtbadenhausen/2019/08/28/the-nbas-richest-shoe-deals-lebron-kobe-and-durant-are-still-no-match-for-michael-jordan/?sh=58fb34423d02, https://www.cnbc.com/2018/09/05/heres-how-much-nikes-billionaire-founder-paid-for-its-swoosh-logo.html. 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