Market Shares of Sports Shoe Brands in Europe
๐ฅ ๐ช๐ต๐ผโ๐ ๐น๐ฒ๐ฎ๐ฑ๐ถ๐ป๐ด ๐๐ต๐ฒ ๐ฆ๐ฝ๐ผ๐ฟ๐๐ ๐ฆ๐ต๐ผ๐ฒ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ถ๐ป ๐๐๐ฟ๐ผ๐ฝ๐ฒ? ๐ฅ The European sports footwear market is evolving rapidly. Hereโs a breakdown of how brands are competing for market share in 2024: ๐ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ฆ๐ป๐ฎ๐ฝ๐๐ต๐ผ๐: 1๏ธโฃ Nike: 30% (Still leading the charge! ๐ฅ)2๏ธโฃ adidas : 20% (Close second ๐โโ๏ธ๐จ)3๏ธโฃ New Balance: 15% (Gaining popularity with their […]
lululemon vs. Alo Yoga: Athleisure isnโt a trend. Itโs a lifestyle.
Sports outfits arenโt just for the gym anymore โ theyโre part of our daily lives. The pandemic changed how people dress, accelerating the athleisure boom as comfort became king. Today, people wear their sports gear everywhere โ from yoga classes to coffee runs. Letโs see how two brands are leading this movement: ๐ฅ๐ฒ๐๐ฒ๐ป๐๐ฒ ๐๐ฟ๐ผ๐๐๐ต (๐ฎ๐ฌ๐ญ๐ต […]
Nikeโs Turnaround: A Challenging Path Ahead
๐ ๐ค๐๐ฎ๐ฟ๐๐ฒ๐ฟ๐น๐ ๐ฅ๐ฒ๐๐๐น๐๐Nikeโs sales dropped by -๐ด% ๐๐ผ $๐ญ๐ฎ.๐ฐ ๐ฏ๐ถ๐น๐น๐ถ๐ผ๐ป this quarter, but the dip was slightly better than analystsโ expected 9% decline. Gross margins also fell, but they beat forecasts as Nike leaned on heavy discounting. ๐ ๐ฅ๐ฒ๐๐ฒ๐ป๐๐ฒ ๐ง๐ฟ๐ฒ๐ป๐ฑ๐ (๐ณ๐ฟ๐ผ๐บ ๐ฎ๐ฌ๐ญ๐ต โ ๐ฎ๐ฌ๐ฎ๐ณ)โ Nikeโs revenue peaked in 2024 at $๐ฑ๐ฑ๐ (+7.5%), showcasing strong growth […]