The company had a market capitalization of $143.6 billion as of February 2020. Nike’s constant involvement in promoting an active, positive lifestyle both inside and outside the scope of sport will continue to positively impact its brand value and strength. The history of NIKE is a true American success story. “Ah, Nike. Nike, Inc., formerly (1964–78) Blue Ribbon Sports, American sportswear company headquartered in Beaverton, Oregon.It was founded in 1964 as Blue Ribbon Sports by Bill Bowerman, a track-and-field coach at the University of Oregon, and his former student Phil Knight. Adidas, Nike's biggest competition, slipped to third place with a value of $16.5 billion. Started as a small re-seller of an obscure Japanese running shoe (which later became Asics) line in a small shop in Santa Monica, NIKE has grown exponentially over the years into one of the world's most recognizable (and profitable) brands. FY15 Baseline FY15 BL FY16 Nike’s stock took an initial hit but recovered after a few days. Nike is successful because of its marketing strategy, brand recognition and research into changing consumer demands. That total accounted for about eight percent of the apparel giant’s overall sales. Nike earned a lot of kudos from those who support Kaepernick. At Nike, we serve athletes...billions of them. They opened their first retail outlet in 1966 and launched the Nike brand shoe in 1972. By Staff Writer Last Updated Mar 26, 2020 9:31:11 PM ET. Best Global Brands 2020: Desire in the Decade of Possibility. The strength of our brand, our compelling product and innovation, our leading digital ecosystem and more are all fueling our growing separation. The Brand Rankings by Category! Our review of 2020-2021 PSG Nike Drill Top (Navy) by Nike. 89 in the 2018 Fortune 500 list of the largest United States corporations by total revenue. As of 2020, there are several marketing strategies like product/service innovation, marketing investment, customer experience etc. The Nike brand valuation has featured in 27 brand rankings, including the strongest and most valuable Apparel brands, the biggest US brands and the best Global brands. Heidi O’Neill, President, Nike Direct: Breaking Clear. 2020-2021 PSG Nike Drill Top (Navy) Review. 2020 Annual Report. 15 Nike +6% $34,388m. To find out more about Nike brand value, request the Nike Brand Value Report. Global brand value of Nike from 2016 to 2020 Source: Statista.com . Nike was featured as the top brand in the apparel category in BrandZ’s Top 100 Most Valuable Global Brands 2019. They held the largest market share with 2.8 percent in 2017 . Nike dominates — worth $28 billion, it's the only brand on the list whose value is in the two-digit billions. The company ‘s financial record is also strong. Because, as our co-founder said, if you have a body, you’re an athlete. 22 Digital Marketing Trends You Can’t Ignore Going Into 2020; Over to You. 2020-2021 PSG Nike Drill Top (Navy) is rated highly in the UK Soccer category. Below is a summary of our progress. Also Read: Cost control for web scraping projects. A lifestyle that everyone feels they need to have. We bring together diverse perspectives— scientists and shoe designers, coders and quarterbacks—to share knowledge of the body in motion. How much a company is worth is typically represented by its market capitalization, or the current stock price multiplied by the number of shares outstanding. As of 2020, Nike is one of the leading brands in the lifestyle and retail sector. which have helped the brand … In 2020 the brand alone was valued in excess of $32 billion, making it the most valuable brand among sports businesses. NIKE is a brand of Innovation, Growth and Purpose. Nike is a place where everyone is an explorer. And this is not a mistake–it’s an intentional goal of the Nike branding strategy. Brand Finance has calculated the brand value of the Nike brand 14 times between 2007 and 2020. The Jordan Brand generated $3.1 billion in sales in Nike’s 2019 fiscal year, which ended last May. H&M is the second most valuable apparel brand with a brand value of US$19 billion after 24% growth. NIKE net worth as of December 16, 2020 is $218.82B . Brand Quality: 5/5 Value For Money: 4.7/5 Expert Opinions: User Popularity: 5/5 Overall Rating: 4.7/5. What an iconic brand.” I thought to myself. Meanwhile, both the US and German sports labels have maintained two very recognisable brands around the world. 18 SAP +12% $28,011m. 11 ... 14 IBM-14% $34,885m. According to the Interbrand Top 100 Global Brand Report for 2017, Nike was number 18 on the list, compared to Adidas at 55. The competitive analysis of the brand value gives positive signals for both companies. Brand Finance has calculated the brand value of the Nike brand 14 times between 2007 and 2020. The campaign paid off. financial and fundamental analysis of Nike - Nike is the world’s leading designer, marketer and distributor of authentic athletic footwear, apparel, equipment and accessories for a wide variety of sports and fitness activities. Interactive chart of historical net worth (market cap) for NIKE (NKE) over the last 10 years. Both Nike and Adidas have their own unique ways when it comes to the product portfolio, the MRP, discounts, etc. 17 Louis Vuitton-2% $31,720m. Nike remains the highest-valued apparel brand in the world, with a valuation of $32.4 billion, according to Brand Finance. Financially, Nike is much larger than Adidas, but the latter’s performance has been better over recent years. As stated in The Business of Fashion’s report, Nike’s stock has lost a third of its value since the start of 2020. SWOT Analysis is a proven management framework which enables a brand like Nike to benchmark its business & performance as compared to the competitors and industry. Having grown from a small shoe manufacturer to the world's most valuable apparel brand, Nike dominates the footwear market for good reason. For more detail on our progress and performance, check out the FY19 NIKE Impact Report. Conclusion. For Nike, FY20 was a year that proved the power of our competitive advantages – and the opportunity we have to accelerate them. Many view it as a brand brave enough to take a stand on a contentious issue at the risk of angering a large portion of its customer base. ... reflected by our approach reporting progress toward our 2020 targets. And yet, Nike’s marketing is not just about selling shoes or athletic apparel–it’s pitching a lifestyle. Adidas, Lululemon, and Under Armour ranked third, fifth, and seventh on that list. As of 2018, Nike is the most valuable global apparel brand with a brand value of 28 billion dollars. That's no surprise, considering it's also the most valuable fashion brand in the world . 2020’s Yeezy Quantum helped to revive Ye’s brand, particularly with its performance model. Key Takeaways Nike is the world's largest supplier of athletic apparel and footwear in the world. ET by MarketWatch Automation Breaking Apple Inc., Nike share gains contribute to Dow's 190-point jump Metric Unit of Measurement Unit of Meas. Nike delivers innovative products, experiences and services to inspire athletes. Previously in 2017, the Nike brand was valued at $29.6 billion. An annual ranking of the most valuable brands in the world. To find out more about Nike brand value, request the Nike Brand Value Report. daniel julià lundgren/CC-BY-SA 2.0. Each brand has been accorded a brand rating: a benchmark study of the strength, risk and future potential of a brand relative to its competitor set as well as a Brand Value: a summary measure of the financial strength of the brand. Marketing Mix of Nike analyses the brand/company which covers 4Ps (Product, Price, Place, Promotion) and explains the Nike marketing strategy. BUY NOW at UKSoccershop.com. Nike ranked No. The Nike brand valuation has featured in 27 brand rankings, including the strongest and most valuable Apparel brands, the biggest USA brands and the best Global brands. Since this is the first Ye basketball model, the OG colorway should hold a strong resale value of around $750 for the performance Basketball model for the coming months and years. Parker, who had been chief executive since 2006, announced his departure in the fall of 2019, and was replaced by Nike board member and former eBay CEO John Donahoe in January 2020. 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