", Nike, Nike's revenue worldwide from 2016 to 2021, by product category (in million U.S. dollars) Statista, https://www.statista.com/statistics/888793/nikes-revenue-by-product-category-worldwide/ (last visited May 02, 2023), Nike's revenue worldwide from 2016 to 2021, by product category (in million U.S. dollars) [Graph], Nike, July 20, 2021. Head on over to the NBA Store's Hardwood Classics section. These factors make Nike an appealing investment, especially for dividend income investors aiming to invest on a long-term basis and who are seeking dividend growth. The Trophy Room x Air Jordan 1, limited to just 12,000 pairs, has been scandalous from when it first leaked up through its messy release last Wednesday. The revenue of the Jordan Brand increased by 31% in 2021 in comparison to 2020. Goldman Sachs has yet to disclose how much it is willing to invest in Serie A. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. Brand Association In A Nutshell, An Entire MBA In Four Weeks By FourWeekMBA, Business Strategy Book Bundle By FourWeekMBA, Digital Business Models Podcast by FourWeekMBA, [MM_Member_Data name=membershipName] Home Page. The NBA legend and owner of the Charlotte Hornets made $90 million in salary over his NBA career. That swell helped push the year-over-year sales gain for the company to 19%, bringing their total revenue for the year to the $44.5 billion number. Subscribe to our newsletter to get the latest news when it matters most. Thank you for reading and I would appreciate any feedback regarding my article! And its quite possible that game-changing bets on the power of womens sports could be the single biggest reason why. Bloomberg exposed a notorious resellers connection to the company, and Nikes vice president and general manager for North America stepped down conspicuously just days after she was outed as the resellers mother. Nikes Jordan Brand brought in $5.1 billion in fiscal 2022, and his Airness pockets a reported 5% of that under his deal with Nike. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body. In North America, Nikes revenue increased from $3.564 billion in 3Q21 to $3.882 billion in 3Q22. This data highlights that it was one of the. The Jordan Brand and its eponym, Michael Jordan, this month pledged $100 million over ten years to organizations dedicated to racial equality, social justice and education access. My valuation model shows that Nike is currently undervalued with an upside of 7.4%. Thus, the birth of the first Air Jordan. The former superstar is reported to have owned the 930, 964, and 993 models during his illustrious NBA career, and the Air Jordan VI pair of shoes was actually inspired by one of the vehicles he owned. This category only includes cookies that ensures basic functionalities and security features of the website. Necessary cookies are absolutely essential for the website to function properly. That is an astounding number, and it speaks to the ridiculous amount of profit Nike must be bringing in as a whole. You also have the option to opt-out of these cookies. a new documentary on Gus Johnson, who has been broadcasting games while enrolled at Harvard. Now all you'll need to find is the right pair of shorts, and you have your very own Michael Jordan battle gear. As a whole, the company has nimbly bounced back from the global economic crisis brought on by COVID-19. Pour en savoir plus sur la faon dont nous utilisons vos donnes personnelles, veuillez consulter notre politique relative la vie prive et notre politique en matire de cookies. Brand Storytelling In A Nutshell, What Is Brand Activation? With the "three-peat" from 1991 to 1993, MJ's stock continued to skyrocket. Collaborations with rappers like Travis Scott came to fruition. These cookies will be stored in your browser only with your consent. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. To use individual functions (e.g., mark statistics as favourites, set In a nutshell, the campaign decreased the number of sneakers dramatically, from needing 350 new design ideas to just 50. In 2020, Jumpman, well jumped, and has continued to do so into 2021 as well. 13.17%. There were shirts, hoodies, even, Check Out Exclusive Michael Jordan Merchandise at the NBA Store. LOOKS LIKE the wings on the Air Jordan 1 logo are buoying the Jordan Brand to new financial heights. 80 Pine Street Suite 3202 New York, NY 10005, Nike, Jordan Score With Jordan Brands Record Haul, More U.S. Investors Showing Interest in Serie A Media Stake, Based on those figures, Jordan may have earned. And with total sales for the brand crossing the $5 billion threshold in annual revenue, we are getting the message loud and clear. Former NBA player, Charlotte Hornets team owner, Nike affiliate. 2021 FORM 10-K 1. The Jordan Brand generated $3.6 billion of wholesale equivalent revenue in fiscal 2020. . Jordan Brand revenue hit $4.8 billion in 2021. Use Ask Statista Research Service. The companys low dividend payout ratio also gives them room for future dividend enhancements. So, if you are looking for a less expansive stock from the sporting goods sector, you could instead have a look at the stocks of Adidas, Under Armor (P/E (FWD) Ratio of 20.86) or V.F. Based on these strengths and low dividend payout ratio, as well as its growth prospects through direct sales that are supported by the Jordan Brand, I expect that Nike will be able to keep increasing its dividend in the years to come. That 10-part series further boosted the stock of the iconic Jordan brand. Google Cloud boss Thomas Kurian's rocky path to profit - CNBC According to data from Seeking Alpha, analysts are currently estimating a revenue growth for Nike of between 7% and 14% year-over-year in the periods between 1Q23 and 4Q24. Michael Jordan earned only $90 million as an NBA player for the Chicago Bulls during his winning basketball career. The stock of Nike has a beta of 0.96, which is below that of the broader stock markets (with a beta of 1). Tracy Lopez August 25, 2022. It was quite a jump from its initial cost of $125 just a few weeks prior in November. in 3Q22, resulting in a rise of 7%. Gennaro is the creator of FourWeekMBA, which reached about four million business people, comprising C-level executives, investors, analysts, product managers, and aspiring digital entrepreneurs in 2022 alone | He is also Director of Sales for a high-tech scaleup in the AI Industry | In 2012, Gennaro earned an International MBA with emphasis on Corporate Finance and Business Strategy. Initially introduced in 1985, the shoe has significant popularity today with major collaborations with brands like Supreme, A Ma Maniere, Off-White, and rapper, Travis Scott. If you have an ad-blocker enabled you may be blocked from proceeding. And as his star power grew, so did the following of his sneakers. For example, certain consumer trends could change, and if Nike doesn't forecast these changes early enough, it could impact their business results. This work is evident in the consistent relevance of his shoes nearly two decades since he last played basketball. The brand reported revenue of $4.7 billion for the fiscal year ended May 31, up 31% year over year. The Enduring Popularity of Air Jordans and 'His Airness' Anne of Today, Nikes revenue is 93% higher than the revenue of competitor Adidas. Get full access to all features within our Business Solutions. As MJ recalls: My mother said, 'You're going to go listen. The Jordan Brand is far from done. The revenue of the Jordan Brand increased by 31% in 2021 in comparison to 2020. Where Nike specifically is concerned Jordan is quite simply the sneaker giants biggest source of income. Tell your boss youre going to be a little late. Brand Activation In A Nutshell, What Is Brand Association? The ploy worked like a charm. Jordan Brand earned $19.4 billion in revenue over the last five fiscal years, a fact initially noted by Neon Money Club. Choose wisely. Copyright 2023 Front Office Sports. Revenue rose to . When people flaunted pairs on social media. Perfectly fluffy on the inside. Total number of employees working for Nike 2009-2022, Nike's revenue worldwide 2017-2022, by region. Adidas and New Balance grew by approximately one-third. which should lead to flat to positive growth in revenue for fiscal 2021. . Nike (NYSE:NKE) generated a revenue of $10.871 billion in 3Q22. Minor edits have been made by the TopGear.com.ph editors. This brand image could be damaged if, for example, one of the athletes endorsed by Nike, was involved in a scandal. Brand Essence Wheel In A, What Is Brand Recall? "Nike's Revenue Worldwide from 2016 to 2021, by Product Category (in Million U.S. I assume that the Jordan Brand will continue to make an important contribution to Nike's success in the future and. Jordan Brand earned $19.4 billion in revenue over the last five fiscal years, a fact initially noted by Neon Money Club. The influence of sports on business and culture. Chart. His take last year was $130 million. Revenues for the NIKE Brand were $42.3 billion, up 17 percent on a currency-neutral basis, driven by growth across NIKE Direct and wholesale, double-digit growth across footwear and apparel, with. How much does LeBron James make from Nike? Dollars). Ever since the initial release in 1984, the Air Jordan and its related products have expanded Nikes domain and continues to define the modern basketball and sneaker culture we know today. Former Nike CEO Mark Parker disclosed last December that the Jordan imprint had recorded its first-ever $1 billion quarter. pic.twitter.com/4xjEk8OzOt Boardroom (@boardroom) June 25, 2021 Contribution Of The Jordan Brand To My Buy Rating On The Nike Stock It also helped that Jordan had a stellar rookie year, making it easier to release the sequel pair. This means that in 2021, the Jordan Brand accounted for 13.17% of Nikes wholesale revenues. I/we have a beneficial long position in the shares of NKE, ADDYY either through stock ownership, options, or other derivatives. MJ did the retirement-return dance twice in his illustrious career before finally calling it quits in 2003. Another risk I see in investing in Nike is the intense competition the company faces. The athlete and apparel company initially linked up in 1984, his rookie year. This third installment was also the first pair that had the Jumpman image on the tongue, instead of the "Wings" logo used in the previous two. "Nike's revenue worldwide from 2016 to 2021, by product category (in million U.S. How do you even begin to fathom these numbers? Sasser spoke about Houston and how he's preparing for the draft. China And 'The Last Dance' Propel Nike's Jordan Brand To - Forbes The Jordan Brand in particular also plays a major role here. What is Nike's Jordan Brand worth to the sportswear company? Sales and operating results for Jordan Brand products are reported within the respective NIKE Brand geographic operating segments. The Importance Of Brand Building And How To Create A Brand, What Is The Brand Asset Valuator Model? These cookies do not store any personal information. As Hatfield put his handiwork forward, Nike provided more traction and attention to the brand. NIKE, Inc. Reports Fiscal 2021 Fourth Quarter and Full Year Results Adidas ended up passing and committing likely one of the biggest (if not the biggest) missteps in its corporate history. Zelony discusses the importance of team relationships in the corporate world. Lorsque vous utilisez nos sites et applications, nous utilisons des, authentifier les utilisateurs, appliquer des mesures de scurit, empcher les spams et les abus; et. The story will focus on how Nikes nascent basketball department signed Jordan in his rookie year, a deal that became perhaps the most lucrative athlete-brand partnership in history. Athletic Footwear & Apparel Industry - First Half Sales Results - The Table of Contents Our Jordan Brand designs, distributes and licenses athletic and casual footwear, apparel and accessories predominantly focused on basketball using the Jumpman trademark. Michael Jordan doesnt own his brand, but he does get a cut of Nikes revenue. Nike's Jordan division reported revenue of $3.6 billion, up 15%, in the company's fiscal year ending in May 2020, including the brand's first $1 billion quarter. ADVERTISEMENT - CONTINUE READING BELOW , 2023 SPIN.ph - Sports Interactive Network Philippines. Revenues for the NIKE Brand were $44.4 billion, up 5 percent on a reported basis and 6 percent on a currency-neutral basis, driven by double-digit growth in NIKE Direct, partially offset by slight declines in wholesale revenues. This could have a serious impact on the company's financial results. His brainchild was the Air Max, which at the time, featured innovative technology in sports shoes. LOOKS LIKE the wings on the Air Jordan 1 logo are buoying the Jordan Brand to new financial heights. They ended up raking in $126 million during the first year of sales alone. But Forbes values his current net worth at $1.7 billion, making him the richest retired athlete in the world, according to Forbes 2022 Billionaires List. From his in-game stats to endorsement deals, Jordan has worked to ensure his household name is expanded beyond the basketball court. By June, the revenue raked in by its merchandise alone was at $3.6 billion, 15% higher than the previous year. This field is for validation purposes and should be left unchanged. Michael Jordan is the first NBA player to be a billionaire. "Jordan Brand Shines" : Nike's Michael Jordan Brand Sales Rose to $5 How many companies does Michael Jordan own? Michael Jordan Has Made Over $1 Billion From Nike - Forbes You also have the option to opt-out of these cookies. The exact amount? In 2021, the Jordan Brand accounted for 13.17% of Nikes wholesale revenues. Conversations were reportedly hindered late last year by the departure of CEO Donata Hopfen. The firms new AI Fund will invest in AI companies building machine learning models trained on large data sets. These jerseys are a perfect match for the sneakers you already own. These cookies will be stored in your browser only with your consent. Available: https://www.statista.com/statistics/888793/nikes-revenue-by-product-category-worldwide/, Nike's revenue worldwide from 2016 to 2021, by product category, Value of the global footwear market from 2018 until 2028, Size of the global activewear market 2021 to 2028, Wholesale sales of athletic footwear in the U.S. 2008-2021, Wholesale sales of sports apparel in the U.S. 2008-2021, Value of the leading global apparel brands 2022, Global sales of the top performance apparel, accessories, and footwear companies 2022, Global sales growth forecast of top athletic wear companies 2022, American customer satisfaction index: athletic shoe companies 2010-2021, Global revenue share of Nike in 2022, by product type, Domestic sales share of Nike worldwide from 2016 to 2022, Global revenue of Nike from 2016 to 2022, by sales channel, Global revenue of Nike from 2016 to 2021, by product category, Global gross profit of Nike from 2014 to 2022, Nike's North American revenue 2009-2022, by segment, Nike's revenue in EMEA 2016-2022, by segment, Nike's revenue in Greater China 2009-2022, by segment, Nike's revenue in Asia Pacific & Latin America from 2016 to 2022, by segment, Number of Nike's retail stores in the U.S. 2009-2022, Number of Nike's non-U.S. retail stores 2009-2022, Nike's marketing expenses worldwide from 2014 to 2022, The adidas Group's net sales worldwide from 2000 to 2022, Global share of adidas retail sales in 2022, by region, Share of adidas' net sales worldwide in 2022, by product type, Share of Puma's sales worldwide in 2022, by region, Share of Puma's consolidated sales worldwide in 2022, by product category, Under Armour's net revenue worldwide 2008-2021, Under Armour's net sales share worldwide in 2021, by region, Global wholesale revenue of Nike from 2020 to 2022, by customer segment, Nike and adidas' share of the footwear market as of 2017, by region, Nike's revenue in Japan 2009-2017, by segment, Global brand value of Nike from 2016 to 2022, Global brand value comparison of Nike and adidas from 2010 to 2022, Nike's quarterly revenue worldwide from 2017 to 2022, Nike's revenue in Central and Eastern Europe 2009-2017, by segment, Gross profit margin percentage of Nike worldwide from 2014 to 2022, Nike's revenue in emerging markets 2009-2017, by segment, Nike's revenue in Western Europe 2009-2017, by segment, Nike's DTC revenue share worldwide 2011-2015, Nike and adidas' share of the sports footwear market as of 2017, Forecast of Nike's global market share in athletic footwear 2011-2025, Nike's scope 3 GHG emissions 2015-2021, by segment, Retail price breakdown of Nike Cortez/Roshe running shoes 2015, Number of employees at ANTA Sports Products China 2012-2022, Genesco's sales share worldwide in FY 2022, by brand, Sales value of Patek Philippe Espaa 2013-2017, Nike's revenue worldwide from 2016 to 2021, by product category (in million U.S. dollars), Find your information in our database containing over 20,000 reports. Both. This included dividends to the amount of $484 million and share repurchases of $1.2 billion. From the ways that athletes, executives, musicians and creators are moving the business world forward to new technologies, emerging leagues, and industry trends, Boardroom brings you all the news and insights you need to know At the forefront of industry change, Boardroom is committed to unique perspectives on and access to the news, trending topics and key players you need to know. Jordan Brand Revenue Soars 31% to $4.7 Billion Nike's Jordan Brand continues its hot streak with revenue up 31% for the fiscal year ended May 31 to $4.7 billion. ** Others include all other categories and certain adjustments that are not allocated at the category level. Aryna Sabalenka, who entered as the No. By continued use, you agree to our privacy policy and accept our use of such cookies. Revenue jumped 28% from a year earlier to $7 . What percentage does Jordan get from Nike? In fact, with over $12 billion in reported revenue, Nikes chief financial officer called it their largest quarter ever.. The bar for breakfast hasnt just been raised, its been completely replaced. By clicking Accept, you consent to the use of ALL the cookies. Please disable your ad-blocker and refresh. (July 20, 2021). This data highlights that it was one of the major growth drivers for Nike when comparing fiscal year 2021 with fiscal year 2020. There were shirts, hoodies, even sandals and slides with the Jumpman logo printed on them. He ranked No. What Percentage Of Revenue Does Jordan Get From Nike? All rights reserved.80 Pine Street Suite 3202 New York, NY 10005. I am not receiving compensation for it (other than from Seeking Alpha). In Q4 sneakers grew over 90% in demand, Donahoe said, and on the Swooshs digital platforms, saw nearly 80% growth in monthly active users.. By 2018, there were releases geared toward women. We thought there would not be as quick a recovery from COVID as there has been, tournament director Craig Tiley said. LeBron has become one of Nikes biggest figures, and even signed a lifetime contract with Nike worth more than $1 billion. Nike. Michael Jordan makes an estimated $400 million per year from Nike's iconic Air Jordan Brand today. Together they ceded more than 300 basis points in share in 2021. Although Nike's dividend yield of 1.03% is relatively low compared to some of its competitors (V.F. 25 Elena Rybakina, who pocketed $1.15 million. Jordan, LeBron, Durant Headline NBA's Biggest 2021 Sneaker Deals We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. The Inside Story Of How Michael Jordan Became The World's - Forbes Nous, Yahoo, faisons partie de la famille de marques Yahoo. In terms of market capitalization ($196.25 billion) and revenue ($46.82 billion), Nike is by far the largest sporting goods manufacturer in the world. This data once again highlights the enormous importance of the Jordan Brand for Nike. It looks like the NFL has recovered from any pandemic-related shortfalls, and then some. World No. On a currency-neutral basis, Nikes direct sales were up by 17% in 3Q22 in comparison to 3Q21. With the inspiration of Kanye West, the company birthed the Yeezys in 2013. I am not receiving compensation for it (other than from Seeking Alpha). Jordan Brand earned $19.4 billion in revenue over the last five fiscal years, a fact initially noted by Neon Money Club. Jordan. Nike.com For Jordan, every move he made on and off the court was about his ability to get a win. AP. In fact, with over $12 billion in reported revenue . Talk about going full circle. Tomorrow is the last day to nominate for Rising 25! What Percentage Of Revenue Does Jordan Get From Nike? The end result? The brand uses the Jumpman trademark. From my point of view, Nike has several growth drivers, which will contribute to their growth in the future. Nikes revenue growth reflects the companys robust and stable business model as well as its strong brand image. Several other top leagues have sold stakes in media arms in the past couple of years. dollars)." Trophy Room x Air Jordan 1 Backdoor Allegations and Blue Laces By June, the revenue raked in by its merchandise alone was at $3.6 billion, 15% higher than the previous year. Jordan Tops All-Time Athlete Earnings List of a Billionaires Dozen The Jordan Brand focuses primarily on athletic and casual footwear as well as on apparel and accessories. If Michael Jordan's deal is the same as has been last speculated 5% of Jordan brand wholesale sales he made $180 million in the last 12 months from Nike. The gain comes on the heels of a 15% gain last year. Check out the latest innovations, top styles and featured stories. Jordan Brand Revenue Read More The public hunger for sneakers has resulted in a massive 95 percent jump in earnings compared to the same period last year. Analysts Disclosure: I/we have a beneficial long position in the shares of NKE, ADDYY either through stock ownership, options, or other derivatives. Do you plan on watching the NHL All-Star Game this year? Nike has released its financial report for both the 4th fiscal quarter (March 1 to May 31 of this year), as well as its full fiscal year. The size of a potential stake, structure, or timeline has not been decided. Aside from the classics, Donahoe also nodded to the Zion 1s strong sell-through both the shoe and the apparel collection. If there was ever any question about who remains the king of sneakers and sporting apparel, Nikes latest quarterly financial reporting ended that debate with a nice $44.5 billion mic drop. The DFL, which is expected to agree on the talks at a meeting in early February, will consider both domestic and international rights, according to Bloomberg. When you buy products through Boardroom's links, we may earn an affiliate commission. My calculations are based on the following information as presented below: Based on the above assumptions, I calculated the following results: Nikes P/E Ratio is currently 31.91. The first Grand Slam of 2023 drew better-than-expected attendance with record prize money up for grabs. Nike, Jordan Score With Jordan Brand's Record Haul Nike's revenue worldwide from 2016 to 2021, by product category (in million U.S. dollars) [Graph]. It is the silhouette of former Chicago Bulls NBA player and current Charlotte Hornets owner Michael Jordan. *Odds/lines subject to change. If you are an admin, please authenticate by logging in again. He is one of the most skilled and clutch players to have ever played the game. From the wildest passes and the biggest dunks to the final serve, Atmosphere Sports is streaming sports back to the center with live scores, highlights, and more. The Jordan Brand just crossed $5 billion in annual revenue for the first time. . It is mandatory to procure user consent prior to running these cookies on your website. The company reported this week their earnings nearly doubled year-to-year in the last quarter of its 2021 fiscal year a period ending on May 31 up 96% to $12.8 billion. Sales rightfully plummeted, as a consequence. Disruption in the U.S. Athletic Footwear Market in 2021 - The NPD Group Huawei 1Q revenue edges up, profit margin narrows PDF Nike, Inc. Reports Fiscal 2021 Fourth Quarter and Full Year Results