[Ranking] TOP 25 Sporting Goods Retail / Retail Companies Q3/2023
Intro
The sporting goods retail industry is a vital component of the global retail sector, catering to the diverse needs of sports enthusiasts and athletes worldwide. With a wide range of products spanning from athletic apparel to equipment, this industry plays a crucial role in enabling people to pursue their passion for sports and recreation.
The influence of the sporting goods retail industry extends far beyond the sports field. It impacts various sectors such as fashion, health and wellness, and technology. Sporting goods retailers collaborate with fashion designers to create trendy sportswear, contribute to the promotion of healthy lifestyles, and drive innovation in athletic equipment through partnerships with technology companies.
The economic significance of the sporting goods retail industry cannot be overstated. With a steady upward trajectory, the industry is projected to reach a market value of billions of dollars in the coming years. This growth is fueled by increasing participation in sports and fitness activities, coupled with rising consumer spending on athletic products.
In recent years, the sporting goods retail industry has witnessed notable trends, breakthroughs, and obstacles. Growing awareness about sustainability has led to the emergence of eco-friendly sporting goods, while advancements in technology have revolutionized sports equipment and personal fitness tracking. However, the industry also faces challenges such as intense competition, changing consumer preferences, and the impact of global events on supply chains.
The landscape of the sporting goods retail industry is constantly evolving, driven by changing consumer behaviors, emerging market trends, and advancements in technology. This dynamic environment creates opportunities for both established companies and innovative startups to thrive. In this article, we will explore the top companies in the sub-industry of sporting goods retail, examining their contributions to the industry and their strategies for success.
Ranking
#25 Everlast
Employees: 1K
Revenue: 100M$
Website: https://www.everlast.com
Description: Everlast, headquartered in New York City, is a prominent player in the Sporting Goods Retail industry. Founded in 1910, the company has established itself as a leading provider of sporting goods, catering to both professional athletes and fitness enthusiasts. With a workforce of approximately 1,000 employees, Everlast offers a wide range of products including boxing gloves, apparel, footwear, and fitness equipment. The company generates an impressive revenue of around 100 million dollars. Everlast's commitment to quality and innovation has solidified its position as a trusted brand among athletes and consumers worldwide.
#24 Burton Snowboards
Employees: 1.5K
Revenue: 300M$
Website: https://www.burton.com/
Description: Burton Snowboards, headquartered in Burlington, United States, is a leading company in the Sporting Goods Retail industry. Founded in 1977, the company has grown to employ approximately 1.5 thousand employees. With an estimated annual revenue of 300 million dollars, Burton Snowboards has established itself as a prominent player in the industry. The company specializes in the design, manufacturing, and sale of snowboarding equipment, including snowboards, boots, bindings, and apparel. Known for their innovative products and commitment to the sport, Burton Snowboards continues to be a favorite choice among snowboarding enthusiasts worldwide.
#23 Quiksilver
Employees: 2K
Revenue: 500M$
Website: https://www.quiksilver.com/
Description: Quiksilver, headquartered in Huntington Beach, United States, is a prominent player in the Sporting Goods Retail industry. Since its founding in 1969, the company has established itself as a leading provider of sporting goods and apparel. With approximately 2,000 employees, Quiksilver offers a wide range of products for various sports and outdoor activities. The company generates an annual revenue of around 500 million dollars, making it a significant player in the retail market. Quiksilver's commitment to quality and innovation has earned it a strong reputation among athletes and outdoor enthusiasts alike.
#22 Billabong
Employees: 1.5K
Revenue: 500M$
Website: https://www.billabong.com
Description: Billabong is a leading company in the Sporting Goods Retail industry, specializing in surf and beach lifestyle products. Based in Gold Coast, Australia, the company was founded in 1973. With approximately 1,500 employees, Billabong generates an annual revenue of around 500 million dollars. The company offers a wide range of products including swimwear, wetsuits, boardshorts, apparel, accessories, and footwear, catering to surfers and beach enthusiasts worldwide. Billabong operates through both physical retail stores and an online platform, providing customers with easy access to their high-quality and trendy products. With a strong presence in the industry, Billabong continues to be a preferred choice for individuals seeking stylish and functional products for their surfing and beach activities.
#21 Russell Brands
Employees: 5K
Revenue: 500M$
Website: https://www.russellbrands.com
Description: Russell Brands, headquartered in Bowling Green, United States, is a prominent player in the Sporting Goods Retail industry. Founded in 1902, the company has a workforce of approximately 5,000 employees. With an annual revenue of around 500 million dollars, Russell Brands offers a wide range of sporting goods and apparel products. The company is known for its high-quality and innovative products, catering to the needs of athletes and sports enthusiasts. Russell Brands operates several well-known brands within the industry, including Russell Athletic, Spalding, and Bike. With its strong presence in North America, Russell Brands continues to be a leading player in the retail sector, providing top-notch sporting goods to customers worldwide.
#20 Fila
Employees: 2.5K
Revenue: 500M$
Website: https://www.fila.com
Description: Fila, headquartered in Sparks, United States, is a prominent player in the Sporting Goods Retail industry. Founded in 1911, the company has established itself as a leading brand in the market. With approximately 2.5 thousand employees, Fila operates globally, offering a wide range of sporting goods and apparel. The company has a strong online presence through its website, where customers can conveniently browse and purchase their products. Fila has consistently generated significant revenue, with an estimated annual revenue of 500 million dollars. Known for their high-quality products and iconic logo, Fila continues to be a trusted choice for sports enthusiasts and fashion-conscious consumers alike.
#19 The North Face
Employees: 5K
Revenue: 1B$
Website: https://www.thenorthface.com/
Description: The North Face, headquartered in San Francisco, United States, is a renowned company in the Sporting Goods Retail industry. Founded in 1966, the company has grown to employ approximately 5,000 individuals. With annual revenues reaching 1 billion dollars, The North Face has established itself as a leading player in the industry. The company offers a wide range of outdoor clothing, equipment, and accessories, catering to outdoor enthusiasts and athletes alike. Their high-quality products are designed to withstand extreme weather conditions and provide optimal performance. The North Face has built a strong reputation for innovation, durability, and sustainability, making them a trusted choice among consumers worldwide. With their commitment to excellence and a focus on customer satisfaction, The North Face continues to thrive in the competitive Sporting Goods Retail market.
#18 Acushnet Holdings
Employees: 5K
Revenue: 1.2B$
Website: https://www.acushnetholdingscorp.com/
Description: Acushnet Holdings is a leading company in the Sporting Goods Retail industry, specializing in golf products. Headquartered in Fairhaven, United States, the company was founded in 1910. With a workforce of approximately 5,000 employees, Acushnet Holdings generates annual revenue of 1.2 billion dollars. The company offers a wide range of golf equipment, including golf balls, clubs, and accessories, under popular brands such as Titleist and FootJoy. Acushnet Holdings is known for its dedication to innovation, quality, and performance, making it a trusted choice for golf enthusiasts worldwide. Their products are sold through various retail channels, both online and offline, catering to professionals and amateur golfers alike.
#17 Callaway Golf
Employees: 5K
Revenue: 1.2B$
Website: https://www.callawaygolf.com
Description: Callaway Golf, headquartered in Carlsbad, United States, is a leading company in the Sporting Goods Retail industry. Founded in 1982, the company has grown to employ approximately 5,000 individuals globally. With annual revenues reaching 1.2 billion US dollars, Callaway Golf offers a wide range of golf equipment and accessories, including golf clubs, balls, bags, and apparel. The company is known for its innovative technology, high-quality products, and commitment to enhancing the performance and enjoyment of golfers worldwide. Through its website and various retail channels, Callaway Golf caters to both professional and amateur golfers, continuously striving to improve the game of golf through cutting-edge design and engineering.
#16 Wolverine Worldwide
Employees: 5.6K
Revenue: 2.4B$
Website: https://www.wolverineworldwide.com
Description: Wolverine Worldwide is a prominent player in the Sporting Goods Retail industry. With its headquarters located in Rockford, United States, the company has been operating since 1883. It employs approximately 5.6 thousand employees and generates an annual revenue of around 2.4 billion dollars. Wolverine Worldwide specializes in the design, manufacture, and distribution of high-quality footwear, apparel, and accessories. Its brands, including Merrell, Sperry, and Saucony, are well-known among sports enthusiasts and outdoor enthusiasts. The company's commitment to innovation, performance, and sustainability has allowed it to maintain a strong presence in the highly competitive Sporting Goods Retail sector.
#15 Amer Sports Corporation
Employees: 9.5K
Revenue: 2.5B$
Website: https://www.amersports.com
Description: Amer Sports Corporation, headquartered in Helsinki, Finland, is a prominent player in the Sporting Goods Retail industry. Founded in 1950, the company has grown to employ approximately 9,500 individuals worldwide. With a revenue of 2.5 billion dollars, Amer Sports offers a wide range of sporting goods and equipment to consumers globally. The company operates through its various brands, including Salomon, Arc'teryx, Wilson, Atomic, and Suunto, among others. Amer Sports is dedicated to providing high-quality products and innovative solutions to enhance the performance of athletes and sports enthusiasts. Their extensive product portfolio caters to a diverse range of sports, from skiing and snowboarding to tennis and golf. Through their strong presence in the retail industry, Amer Sports continues to make a significant impact in the world of sports.
#14 Amer Sports
Employees: 9.5K
Revenue: 2.6B$
Website: https://www.amersports.com
Description: Amer Sports, headquartered in Helsinki, Finland, is a leading company in the Sporting Goods Retail industry. Founded in 1950, the company has established itself as a prominent player in the market. With a workforce of approximately 9,500 employees, Amer Sports operates globally, catering to the needs of sports enthusiasts worldwide. The company's annual revenue stands at around 2.6 billion US dollars, reflecting its strong presence and success in the industry. Amer Sports offers a wide range of sporting goods, including equipment, apparel, footwear, and accessories, across various sports categories such as outdoor, winter, and team sports. Through its well-known brands like Wilson, Salomon, Arc'teryx, Precor, Atomic, and Suunto, Amer Sports continues to provide high-quality products and innovative solutions to athletes and sports enthusiasts.
#13 ASICS
Employees: 9K
Revenue: 3B$
Website: https://www.asics.com/
Description: ASICS, headquartered in Kobe, Japan, is a leading sporting goods retailer in the retail industry. Founded in 1949, the company has a strong presence in Asia and operates globally. With approximately 9,000 employees, ASICS offers a wide range of athletic footwear, apparel, and accessories for various sports including running, tennis, and volleyball. The company is known for its innovative designs and technologies that provide superior performance and comfort to athletes. ASICS has achieved significant revenue growth, with annual revenues reaching 3 billion dollars. Through its website and retail stores, ASICS continues to cater to the needs of sports enthusiasts worldwide, promoting an active and healthy lifestyle.
#12 Columbia Sportswear
Employees: 7.5K
Revenue: 3.0B$
Website: https://www.columbia.com/
Description: Columbia Sportswear is a leading company in the Sporting Goods Retail industry. Headquartered in Portland, United States, the company was founded in 1938. With a workforce of approximately 7.5 thousand employees, Columbia Sportswear is dedicated to providing high-quality outdoor apparel and accessories to its customers. The company has established itself as a trusted brand in the industry, offering a wide range of products for various outdoor activities such as hiking, camping, skiing, and fishing. Columbia Sportswear generates an impressive annual revenue of around 3.0 billion dollars, showcasing its strong presence and success in the market.
#11 New Balance
Employees: 6K
Revenue: 4B$
Website: https://www.newbalance.com/
Description: New Balance is a leading sporting goods retail company headquartered in Boston, United States. Founded in 1906, the company has a strong presence in the North American market. With approximately 6,000 employees, New Balance offers a wide range of athletic footwear, apparel, and accessories for various sports and fitness activities. The company focuses on providing high-quality products that combine performance, comfort, and style. New Balance has achieved significant revenue growth, with annual revenue reaching 4 billion dollars. Through its website and retail stores, New Balance caters to the needs of athletes and fitness enthusiasts, offering innovative products that enhance performance and promote a healthy lifestyle.
#10 Lululemon Athletica
Employees: 20K
Revenue: 4.4B$
Website: https://www.lululemon.com/
Description: Lululemon Athletica, headquartered in Vancouver, Canada, is a renowned sporting goods retail company operating in the Retail industry. Since its founding in 1998, Lululemon has become a prominent player in the market, employing approximately 20,000 individuals. The company has achieved significant financial success, generating an impressive revenue of 4.4 billion US dollars. Lululemon Athletica is widely recognized for its high-quality athletic apparel and accessories, catering to a diverse range of athletic activities. With its commitment to delivering innovative and functional products, Lululemon has established a loyal customer base and continues to expand its presence in the sporting goods retail industry.
#9 Skechers
Employees: 10K
Revenue: 5B$
Website: https://www.skechers.com/
Description: Skechers is a leading global footwear brand that operates in the Sporting Goods Retail industry. Headquartered in Manhattan Beach, United States, Skechers was founded in 1992. With approximately 10,000 employees, the company generates an estimated annual revenue of 5 billion dollars. Skechers offers a wide range of athletic and casual footwear, including sneakers, sandals, boots, and more. The company's products are available in various retail stores and through their official website. Skechers is known for its innovative designs, comfort-focused technology, and trendy styles, making it a popular choice among athletes and fashion-conscious consumers alike.
#8 Anta Sports
Employees: 40K
Revenue: 5B$
Website: https://www.anta.com
Description: Anta Sports is a leading player in the Sporting Goods Retail industry. Headquartered in Xiamen, China, the company was founded in 1991. With approximately 40,000 employees, Anta Sports operates a diverse portfolio of sporting goods brands and products, catering to a wide range of sports enthusiasts and athletes. The company's revenue stands at around 5 billion US dollars, reflecting its strong presence and market share in the industry. Anta Sports is known for its innovative and high-quality sports apparel, footwear, and accessories, providing customers with top-notch performance and style. With its commitment to excellence, Anta Sports continues to expand its global footprint and deliver exceptional sporting goods to customers worldwide.
#7 Under Armour
Employees: 16K
Revenue: 5.3B$
Website: https://www.underarmour.com
Description: Under Armour, headquartered in Baltimore, United States, is a prominent player in the Sporting Goods Retail industry. The company was founded in 1996 and currently employs approximately 16,000 individuals. Under Armour has achieved substantial revenue growth, generating around 5.3 billion US dollars. With its focus on providing innovative and performance-driven sportswear, Under Armour has established itself as a leading brand in the industry. The company offers a wide range of athletic apparel, footwear, and accessories for various sports and fitness activities. Through its retail operations, Under Armour aims to cater to the needs of athletes and fitness enthusiasts by delivering high-quality and technologically advanced products.
#6 Puma
Employees: 14K
Revenue: 5.5B$
Website: https://www.puma.com
Description: Puma, headquartered in Herzogenaurach, Germany, is a prominent player in the Sporting Goods Retail industry. Founded in 1948, the company has grown to employ approximately 14,000 individuals globally. Puma generates an estimated annual revenue of 5.5 billion US dollars. The company is known for its wide range of sporting goods, including clothing, footwear, and accessories. Puma's products cater to various sports, such as running, football, basketball, golf, and motorsport. With its strong brand presence and innovative designs, Puma continues to be a key player in the retail industry, offering high-quality sports merchandise to customers worldwide.
#5 Foot Locker
Employees: 50K
Revenue: 8B$
Website: https://www.footlocker.com/
Description: Foot Locker, headquartered in New York, United States, is a prominent player in the Sporting Goods Retail industry. Founded in 1974, the company has grown to become a leading global retailer of athletic footwear and apparel. With a workforce of approximately 50,000 employees, Foot Locker operates a vast network of stores across North America, Europe, Asia, and Australia. The company offers a wide range of branded athletic shoes, apparel, and accessories catering to various sports and activities. Foot Locker's revenue reached an impressive 8 billion dollars, making it a major player in the retail industry. Through its website and physical stores, Foot Locker continues to serve the needs of athletes and sports enthusiasts worldwide, providing them with high-quality products and exceptional customer service.
#4 Dick's Sporting Goods
Employees: 32K
Revenue: 9.5B$
Website: https://www.dickssportinggoods.com/
Description: Dick's Sporting Goods is a leading retailer in the Sporting Goods Retail industry. Headquartered in Coraopolis, United States, the company was founded in 1948. With a workforce of approximately 32,000 employees, Dick's Sporting Goods operates a vast network of stores across North America, offering a wide range of sporting equipment, apparel, and footwear. The company has established itself as a go-to destination for sports enthusiasts, providing products for various sports such as basketball, soccer, golf, tennis, and more. With an annual revenue of 9.5 billion dollars, Dick's Sporting Goods continues to thrive in the competitive retail market, catering to the needs of both amateur and professional athletes.
#3 VF Corporation
Employees: 50K
Revenue: 13B$
Website: https://www.vfc.com
Description: VF Corporation, headquartered in Denver, Colorado, is a major player in the Sporting Goods Retail industry. Founded in 1899, VF Corporation has a long history in the retail sector. With approximately 50,000 employees, the company operates various well-known brands in the sporting goods space. Their portfolio includes popular names such as The North Face, Vans, Timberland, and Dickies. VF Corporation generates an impressive revenue of 13 billion dollars. The company's commitment to quality and innovation has made it a leader in the retail industry, catering to the needs of sporting enthusiasts around the world.
#2 Adidas
Employees: 59K
Revenue: 23B$
Website: https://www.adidas.com/
Description: Adidas, headquartered in Herzogenaurach, Germany, is a leading sporting goods retail company operating in the Retail industry. Founded in 1949, the company has established itself as a global powerhouse in the sports and lifestyle market. With approximately 59,000 employees, Adidas offers a wide range of products including footwear, apparel, and accessories for various sports and outdoor activities. The company's revenue reached an impressive 23 billion USD, reflecting its strong market presence and consumer demand for its iconic products. Adidas continues to innovate and collaborate with athletes and designers to deliver high-quality and performance-driven products to its customers worldwide.
#1 Nike
Employees: 75K
Revenue: 39.1B$
Website: https://www.nike.com/
Description: Nike is a leading sporting goods retailer headquartered in Beaverton, United States. Founded in 1964, the company has grown to become one of the most recognized brands in the industry. With approximately 75,000 employees worldwide, Nike offers a wide range of athletic footwear, apparel, equipment, and accessories. The company operates through various retail channels, including its own stores, e-commerce platform, and partnerships with other retailers. Nike's revenue reached 39.1 billion dollars, making it a key player in the global sporting goods retail market. Known for its innovative designs and iconic swoosh logo, Nike continues to dominate the industry with its commitment to performance, style, and sustainability.
Summary
The analysis of the top companies in the Sporting Goods Retail sub-industry reveals some interesting findings. The leading companies in this sector include Nike, Adidas, Puma, Under Armour, and Decathlon. These companies have achieved remarkable success in the retail industry, with Nike being the top-ranking company.
One unexpected finding is the dominance of global brands in this sub-industry. Nike, Adidas, and Puma, all multinational companies, have emerged as the key players. This highlights the strong brand recognition and customer loyalty these companies have built over the years.
Nike, the premier company in Sporting Goods Retail, has established itself as a global leader in athletic footwear, apparel, and equipment. Adidas, another renowned brand, is known for its innovative products and strong presence in both sportswear and lifestyle categories. Puma has made significant strides in recent years, focusing on performance and lifestyle products. Under Armour, a rising star, has gained popularity with its technologically advanced athletic gear. Decathlon, a French company, offers a wide range of sporting goods and has a strong presence in the European market.
These top companies share some key elements that contribute to their success. They invest heavily in product research and development to offer innovative and high-quality products. They also prioritize marketing and brand building to create strong connections with their target consumers. Additionally, these companies have effective distribution networks and a strong online presence, allowing them to reach a wide customer base.
What differentiates these eminent companies from their rivals is their ability to merge performance and style. They have successfully positioned themselves as lifestyle brands, appealing to not only athletes but also fashion-conscious consumers. Furthermore, their endorsement deals with high-profile athletes and celebrities have helped enhance their brand image and reach a broader audience. These companies also actively engage with their consumers through social media and community initiatives, creating a sense of belonging and loyalty.