Nike's Total Revenue Is $27 Billion 790 Million.

In the 2014 fiscal year, Nike's total revenue was $27 billion 790 million, and its net income was $2 billion 690 million, up 9.29% from last year. Last year was probably Nike's best performance in history. Analysts believe that the success of the company is driven by the promotion of high profit products such as Flyknit. In addition, in the 2014 earnings report, Adidas, the LuluLemon focused yoga movement, and the VF group with The North Face are still Nike's traditional competitors.

　　 Nike Not only is the price of products improved, but the establishment of an ecosystem, which includes: celebrity endorser, high value added product, marketing and leading popularity with sports and sports spirit as the core. cross-border cooperation And social networking. Moreover, Nike is extending its field to every corner. In addition to traditional sports products in 2014, it is also popular. Running shoes In September, Nike Women integrated the original female product line, first proposed to enter the "lifestyle" field, and in December, re launched the ACG (All Condition Gear) brand to enter the outdoor products market.

China's share in Nike's global sales is not large, largely due to the scarcity of sports culture. This market regards sports competition as a way of education and making a living, rather than a part of personal life. But at the same time, Nike and Adidas were the first garment enterprises to expand in China, and this was the reason why sportswear became the mainstream clothing in the street. Today, these sports equipment manufacturers are facing competition from Gap, UNIQLO and more local sports brands. Adidas and Nike show different strategies.

Adidas is more inclined to "let fashion go to fashion." it has launched a joint brand with Yamamoto Teruji and Stella McCartney, to choose non athletes such as Eason Chan as spokesmen. These practices have been very effective in the Chinese market: it enables young consumers to think Adidas is the representative of fashion. Don't forget that this market cares more about "good-looking" than the professional performance of equipment.

But this idea was challenged after Nike launched Flyknit. Nike has always been based on the joint efforts of schools and schools to promote sports culture, but it is not necessarily linked to market reputation. Until Nike started sponsoring college students' night running, the color matching for the safety of night running was considered very cool by young people, and gradually became the concept of "this is totally different from that in previous schools." under the promotion of Nike+'s community, running was popular among young people and gradually spread to the corporate community.

Under the impetus of the trend, Nike's products are known by more and more people. When they went into Nike flagship store because of curiosity, the business of the company began. In the image of consumers in physical stores, Nike has to win too many competitors.