Being a multinational corporation, the sportswear brand has made some impressive statistics over the years. Here are some of the numbers to make you know the company better.
- Even though it has a wide market, it narrows its focus to customers between the ages of 15 years and 40 years.
- 96% of its factories are in Asian countries such as Pakistan, Vietnam, Thailand, Taiwan, and India.
- Nike takes a significant market share of 62%. Adidas follows it.
- It sells about 25 pairs of sneakers per second, generating $100 thousand. The revenue translates to $700 million per week.
- The company is one of the biggest employers in the world, with approximately 80 thousand employees.
- The Nike shoe spill of 1990 occurred in the North Pacific Ocean after a violent hurricane hit the cargo ship. Approximately 80 thousand pairs of shoes were lost.
- According to Statista, the company’s net worth is estimated to be $33 billion. Shoe sale is its leading revenue generator.
- More men purchase Nike products than women. The men's segment generates close to $19 billion annually.
- Shoe sales account for more than 65% of total sales. Its other products are caps, balls, T-shirts, and sweatpants.
- The leading market for Nike products is North America.
