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TwitterThis timeline shows the adidas Group's share price from 2000 to 2024. At the end of the fiscal year in 2024, the share price of the adidas Group was 236.80 euros.
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TwitterIn 2024, the company had a net income of around *** million euros from continuing operations. In the previous year, the company had suffered a net loss of around ** million euros from continuing operations. In 2024, adidas Group had net sales amounting to about **** billion euros. The fiscal year end of the company is December 31, 2023.
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TwitterIn 2024, the adidas Group's market capitalization amounted to approximately 42.28 billion euros, up from 32.88 billion euros in the previous year. The company’s market capitalization almost doubled between 2015 and 2016, when its value rose by around 12 billion euros. In 2000, the company’s market capitalization amounted to 2.99 billion euros. Market capitalization represents the value of a listed company. Adidas The adidas Group manufactures and sells a wide range of clothing items and sports equipment. Adidas is one of the best-known names in this industry. Its main competitors are Nike, Puma, and Under Armour. In 2024, the adidas Group had net sales amounting to 23.68 billion euros. The company’s increase in value is possibly attributed to its sponsorship deals with some of the most influential athletes in the world, most notably David Beckham and Lionel Messi. Furthermore, adidas has collaborated with fashion designers and celebrities such as Stella McCartney and Donald Glover in recent years.
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Twitterhttps://www.ibisworld.com/about/termsofuse/https://www.ibisworld.com/about/termsofuse/
The pandemic disrupted and has transformed the Footwear Retailing industry, reshaping consumer spending habits. Traditionally reliant on instore purchases, the industry experienced significant challenges during lockdowns as physical stores temporarily closed. Online retailers capitalised on this shift by offering convenience, extensive product ranges and free returns, gaining a competitive edge. In response, traditional retailers quickly enhanced their online platforms, maintaining demand and ensuring the industry’s resilience. With footwear products largely constant, discounting has been a key strategy to maintain market share, putting downwards pressure on revenue growth. However, pandemic-related stock shortages temporarily eased discounting, boosting profit margins over the five years through 2024–25. Major retailers have performed better than smaller players, forcing some out of the market. The closure of Rivers, a major brand under Mosaic Brands, highlights this trend, with 136 stores closing and 650 job losses, reflecting growing consolidation as firms exit less profitable segments. Rising disposable incomes and strong online sales have supported industry revenue, which is expected to have grown at an annualised 3.5% over the five years through 2024–25, reaching $4.9 billion. However, revenue is anticipated to dip 3.5% in 2024–25 as rising cost-of-living pressures prompt budget-conscious consumer behaviour. The industry is forecast to stabilise, with revenue forecast to climb at a modest annualised 1.0% over the five years through 2029–30 to $5.1 billion. Retailers will focus on streamlining their operations and optimising online retail channels to diversify revenue streams. Rising disposable income and improved consumer sentiment will support sales of high-end casual shoes. Industry profitability is set to dwindle as heavy discounting strategies resurge. While retailers will continue to focus on premium offerings and cost efficiencies, aggressive discounting practices to maintain demand will significantly pressure industry profitability over the long term, although stabilising operating costs may offer some relief.
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TwitterThe average selling price for athletic footwear was around ** U.S. dollars as of 2017. This figure has remained relatively flat over the past number of years. The price of sneakers, one of the most popular forms of athletic footwear, varies greatly depending on the brand of sneaker in question.
What is athletic footwear?
Formal, casual, athletic: footwear comes in a wide variety of shapes, styles, colors, and sizes. Sports or athletic footwear relates to footwear which is intended for use in sports. However, it also includes shoes which are athletic in style but not made for playing sports. There are many terms for athletic footwear, such as sports shoes, gym shoes, tennis shoes, and kicks.
Who are the leading footwear companies in the United States?
Nike, adidas, and Puma are some of the leading footwear companies in the world, generating billions of U.S. dollars from footwear sales each year. As of 2016, Nike held the largest share of the U.S. footwear market with a **** percent share. As of 2017, Nike and adidas held the lion’s share of the U.S. sports footwear market, with a combined share of over ** percent.
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TwitterThis timeline shows the net sales of the Reebok brand worldwide from 2006 to 2022. In 2022, the Reebok business under Adidas saw a net sales amounting to about 353 million euros. The Reebok brand was sold by Adidas to Authentic Brands Group LLC with the change in ownership taking effect from 1 March 2022.
Reebok Reebok's history began way back in 1890, when a shoemaker named J.W. Foster developed the first known running shoes with spikes, enabling athletes to run faster than ever before. Reebok is a subsidiary of the adidas Group. The company designs and markets sports, fitness and casual footwear, apparel and equipment. The company has operations throughout North America, Europe, the Middle East, Africa and Asia Pacific. Reebok holds licensing agreements with different professional leagues such as the National Football League, National Hockey League and the National Lacrosse League in the United States.
Reebok is an American-inspired sports brand with the clear objective to become the leading fitness brand in the world. Understanding and embracing the multi-facets and lifestyle potential of fitness, Reebok provides consumers with innovative products, experiences and inspirations. Its strong roots and history in fitness allow Reebok to empower consumers to be fit for life.
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TwitterThis timeline shows the adidas Group's share price from 2000 to 2024. At the end of the fiscal year in 2024, the share price of the adidas Group was 236.80 euros.