Tag: athelete

  • Adidas vs Nike: The Ultimate Sportswear Showdown

    If you are an adventurer, a good pair of sneakers is a must for you in your life. The best part is that it can be worn with any kind of clothes that you decide to deck up with. You can never go wrong with sneakers as they are comfortable and stylish enough to lift your style quotient. Sneakers can be worn with almost anything; they are extremely versatile, and the comfort that they provide is unmatched.

    When we talk about sneakers, sports shoes, apparel, or sportswear, two prominent brand names ring almost together. They are none other than Nike and Adidas. These two renowned multinational corporations from two different continents – the USA and Europe- have been hot favorites in the category of sneakers and sportswear forever. Almost everyone has an idea or has at least heard of these two brands. Furthermore, growing in the same niche, Nike and Adidas have always been obvious competitors/rivals in their space. Both of them focus on sportswear, and the shoes are what they specialize in. However, over the years, both the US and German sports labels have maintained two recognizable brands around the world. Yes, financially, Nike is known to be much larger than Adidas, but the latter’s performance has been better over recent years.

    Both companies have a long history of producing high-quality athletic gear, footwear, and accessories, and have gained a loyal following of customers who appreciate their commitment to innovation, performance, and style. But when it comes to choosing between these two powerhouses, which one comes out on top?

    In this blog, we will explore the differences between Adidas and Nike, taking into account factors such as history and growth, technology, business model, plans, and more. Whether you’re a seasoned athlete or just looking for stylish casual wear, this comparison will help you determine which brand (Nike or Adidas) is the better fit for you.

    Adidas vs Nike
    Adidas vs Nike

    Comparison Between Nike and Adidas:

    Category Nike Adidas
    Founders Phil Knight (track athlete) and Bill Bowerman (track coach) in 1964 Adolf Dassler and Rudolf Dassler in 1924 (split in 1949; Adidas by Adolf)
    Origin Name Originally “Blue Ribbon Sports”; renamed to Nike in 1971 (named after the Greek goddess of victory) Originally “Dassler Brothers Shoe Factory”; renamed to Adidas in 1949
    Trademark Tagline “Just Do It” (introduced in 1988) “Impossible is Nothing” (launched in 2004)
    Brand Image Youthful, innovative, performance-driven, with a strong celebrity-athlete focus Classic, sustainability-oriented, comfort and heritage-driven
    Product Quality Known for cutting-edge technology, performance features, and durability Known for comfort, style, classic appeal, and performance for athletes
    Market Share (Global) ~25.97% (2024 data) ~13.06% (2024 data)
    Product Range Extensive: Running, basketball, training, lifestyle footwear, apparel, accessories Extensive: Football, running, lifestyle, training shoes, apparel, accessories
    Innovation Focus Heavy R&D in digital fitness, wearables (e.g., FuelBand), and Flyknit tech Focus on sustainability, speed factories, and eco-friendly materials
    Marketing Strategy Celebrity endorsements, major sports sponsorships, social media-centric Focuses on brand heritage, product innovation, and global events
    Primary Market Focus Strong presence in North America and expanding globally Strong in Europe and expanding further in North America
    Revenue (2024) $51.36 billion €23.7 billion
    1. Nike vs Adidas: History and Growth
    2. Nike vs Adidas: Technology Difference
    3. Nike vs Adidas: Business Model
    4. Nike vs Adidas: Marketing/Branding Strategies
    5. Nike vs Adidas: Financial Snapshot
    6. Nike vs Adidas: Production and Suppliers
    7. Nike vs Adidas: The Cool Factor
    8. Nike vs Adidas: Sports Sponsorship
    9. Nike vs Adidas: Future Plans
    10. Nike Vs Adidas: The Real Battle

    History & Growth of Adidas and Nike

    Category Nike Adidas
    History Founded in 1964 as Blue Ribbon Sports, officially changed to Nike in 1971. Founded in 1949 in Germany, became a global brand in the 1970s and 1980s.
    Growth Rapid growth in the 1970s and 1980s with the introduction of innovative technologies such as Air cushioning and the “Just Do It” advertising campaign. Strong growth in the 1970s and 1980s with the introduction of classic designs and innovative technologies.
    Market Expansion Strong presence in North America and Europe, as well as growing markets in Asia, Africa, and South America. Strong presence in Europe and North America, as well as growing markets in Asia and South America.

    Adidas History and Growth

    Adidas is the largest sportswear manufacturer in Europe and the second-largest in the world after Nike. Formerly known as “The Dassler Brothers Shoe Factory”, the company was founded by Adolf Dassler and Rudolf Dassler in 1924. The founders, being sports enthusiasts, began to make sport-oriented shoes that could improve the performance of athletes in any sport.

    Later in 1949, the two brothers broke their relationship, which led to the creation of Adidas by Adolf Dassler and Puma by Rudolf, making them the biggest business rivals at that time. Adidas was named after the initials of Adolf Dassler’s while the logo of three stripes was taken on as a shoe design on the company’s shoes for better comfort.

    In the 1970s and 1980s, the company continued to grow with the introduction of innovative technologies and a strong commitment to sustainability. In the 1990s and 2000s, Adidas expanded into international markets and made several acquisitions to further strengthen its position in the sportswear industry.

    In 2017, Adidas made an annual revenue of 21 billion euros and had a brand value of 16 billion U.S. dollars in 2024. In the same year, Adidas employed 5,888 people worldwide and generated 50% of its sales in the footwear category. Adidas is much smaller than Nike in terms of what its customers are looking for and trying to find a bigger audience in North America. With their motto “Impossible is nothing,” Adidas’ net revenue as of 2024 is €23.7 billion.

    💡
    Adidas was started by two brothers – Adolf (“Adi”) Dassler and Rudolf Dassler began the company together before splitting; Rudolf went on to create Puma.

    Nike History and Growth

    Nike is an American multinational company that is the world’s largest athletic shoe and apparel manufacturer and supplier. Originally known as “Blue Ribbon Sports,” it was founded by Bill Bowerman and Phil Knight, who was a track athlete in 1964 before becoming Nike in 1971. The name was taken from Nike, the Greek goddess of victory. The company was first established as a distributor for the Japanese shoemaker Onitsuka Tiger. Bowerman then made his first shoe for Otis Davis, who later went on to win two Olympic gold medals in 1960.

    Blue Ribbons Sports sold 1300 pairs of Japanese running shoes with a gross of $8000. Its first advertisement gave its tag name as “There is no finish line,” which was changed to “Just do it” in 1988. As per the statistical records of 2024, Nike’s revenue is $51.362 billion and leads the world as the number one brand in the sports business.

    Nike experienced rapid growth in the 1970s and 1980s with the introduction of innovative technologies such as Air cushioning, as well as the “Just Do It” advertising campaign. In the 1990s and 2000s, the company continued to grow through international expansion and acquisitions of other brands.

    When it comes to Nike, it is the most valuable sports brand in the world, especially in North America. Unlike Adidas, Nike’s first target audience is the people of North America, and they also have strong marketing and sponsorship agreements to back it. Making it the reason behind Nike getting 30.57 billion euros in revenue in 2017. In 2006, however, Nike was still the leader with 13.44 billion euros while Adidas made 10.08 billion euros. In 2015, Nike also won the bet against Adidas and became the next exclusive provider of uniforms to the NBA. Nike’s total global revenues were reported to be $51.36 billion as of 2024.


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    Technological Difference between Nike and Adidas

    Category Nike Adidas
    Technology ZoomX is a cushioning foam developed by Nike that is used to provide lightweight, responsive, and durable cushioning in running shoes. Boost technology is a cushioning system used in Adidas sneakers to provide energy return and comfort.
    Material ZoomX is a foam material made of a proprietary blend of foam materials. Boost is made of thermoplastic polyurethane (TPU) pellets that are fused to form a foam.

    Nike Technology

    Nike uses lighter materials to make its shoes lightweight, and they are made of polyester, rubber, and cotton. With that, it uses ZoomX technology, so that consumers can experience good speed while running. Nike shoes have holes in their toe cap, which makes them breathable and hygienic for feet as well. Nike shoes provide amazing designs. Nike does make more business than Adidas, but the customer reviews have deteriorated, and there has been no innovation that has been as big as Yeezy’,s which is under Adidas.

    Comparison between Adidas Ultra Boost and Nike Air VaporMax
    Adidas Vs Nike – Comparison between Adidas Ultra Boost and Nike Air VaporMax

    Adidas Technology

    Adidas always believes in putting quality over quantity and gives more importance to customer satisfaction. Adidas talks to many athletes about their preferences and comfort to implement them into their design. This was the reason for them to innovate Boost technology, which is an innovative cushion technology that includes a TPU (Thermoplastic Polyurethane) that compresses under pressure.

    Adidas shoes weighed a little more than Nike shoes. The shoes consist of a full-length midsole and make it feel like a cushion-type material is present while wearing them. It focuses more on comfort and gives out more energy on every single stride. It also provides run-toe padding for its shoe models for comfort. This instantly bounces back to its original form, and in shock prevention, which helps the athlete in a more consistent run. Some of the famous shoes made by Adidas are the Y-3 collection, Ultra Boost, Gazelle, Supernova, etc.


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    Nike vs Adidas: Business Model

    Category Nike Adidas
    Business Model Nike operates on a wholesale model, where it sells its products to retailers, who then sell them to consumers. Nike also sells directly to consumers through its own retail stores and e-commerce platform. Adidas operates on a mix of wholesale and direct-to-consumer models, where it sells its products through retailers, its retail stores, and its eCommerce platform.

    Nike Business Model

    Nike is a leading sports apparel manufacturer that has ruled the industry for some decades now. The main focus of Nike has been an aggressive approach toward building strong and promising networks and partnerships with celebrity athletes. To quote an example, the exclusive contract that the company bagged with Michael Jordan when the latter signed it in 1984. This grew to be one of the most iconic partnerships in the sportswear industry and has benefited both of them. On one hand, Michael Jordan witnessed tremendous growth in his net worth, and on the other hand, it gave Nike a lead and a total monopoly in the basketball sneaker business. Besides, it also helped increase the overall demand for common stock ownership.

    The American sportswear brand has already shifted from traditional media advertising and is hugely focused on social media advertisements and campaigns. Nike concentrates on the athletes who display a high ROI based on their social media profiles. Furthermore, the company chooses the teams that are the most talked about and displays the most engagement based on the core fans on their social media accounts.

    Nike has largely focused on digitalization ever since it saw all the growth opportunities it could enjoy there. It has revamped its marketing and products to embrace the age’s demands. For example, it rolled out the FuelBand, a $150 electronic bracelet, designed to measure a person’s movements throughout the day, whether he/she is engaged in sports, swimming, jogging, or walking. This is a clear nod towards developing a digital force that Nike is aiming for now. One other thing that the company is eyeing is to reduce production costs and make its products environmentally friendly. Flyknit Racer is an exemplary product from Nike in this line.

    Nike and Adidas Business Model Comparison
    Nike and Adidas Business Model Comparison

    Adidas Business Model

    Adidas’s business is inclined towards creating innovative products that are crafted to suit the needs and increasing demands of the consumers. Adidas doesn’t believe in forming partnerships and invests less in its product endorsements. Instead, the company is more focused on creating value by building products that are high in performance and are created with an eye on the specific needs of commoners and athletes. Furthermore, it also concentrates on its production rate, the available infrastructures, and the latest technologies that it can adapt, which Adidas constantly re-evaluates and expands. Moreover, the brand also puts efforts into reducing the complexity on a group level by streamlining the global product range. Consolidating the base of the warehouse and harmonizing above-market service are some other things that Adidas is often involved in.

    Adidas aims to deliver the best-branded shopping experiences at all consumer touchpoints. The company has also brought in innovative speed models in the supply chain, which help it respond quickly to consumer needs. These are some of the Adidas strategies that have motivated investors from all around the world to purchase Adidas common stock. Besides, the company has also shown promising growth here for many years now.

    Is Nike more successful than Adidas

    Marketing/Branding Strategies of Nike and Adidas

    Category Nike Adidas
    Marketing Focus Nike has a strong focus on sports and fitness and targets athletes and fitness enthusiasts through its marketing campaigns. Adidas has a similar focus on sports and fitness and targets athletes and fitness enthusiasts. However, it also targets fashion-conscious consumers through collaborations with fashion brands and designers.
    Advertising Nike’s advertising campaigns often feature high-energy, motivational content that focuses on the connection between sports and personal empowerment. Adidas also uses high-energy, motivational content in its advertising campaigns, but it also highlights the fashion-forward aspect of its products through collaborations with fashion brands and designers.

    Marketing/Branding Strategies of Nike

    On diving into the marketing strategies of Nike, the first thing that will pop up in your mind is the dominant hold of the market that Nike exercises. The brand believes in maintaining a strong brand image, where it is prominently remembered as a sportswear brand. Nike is capable of pulling it off with the help of numerous smart marketing strategies that the brand implements. Here’s a quick look at all the key marketing strategies of the brand:

    • Positioning of Products: Throughout history, Nike has positioned its products with utmost care. For example, it sells “athletic shoes” for the sportsperson, which helps it capture the niche market easily. Going by the market segmentation of Nike, the company targets athletes, sportspersons, and others who are eager to lead a sporty or healthy lifestyle.
    • Creative Ability of Storytelling: Nike has heavily relied on its storytelling abilities. The brand, as it was founded by athletes, also has an authentic background or a credible story that backs it up. Yes, Nike founder Bill Bowerman is the person who first implemented this incredible idea of telling real stories. Back then, he was a track and field coach during Nike’s initial days when Bill wrote stories for his products that helped the company connect with its audiences.
    • A Focus on Social Media Marketing: As soon as Nike discovered that most of its audience was there on social media platforms, the brand decided to target various social media platforms. This helped Nike witness rapid growth in social media platforms and revenues. Here are some key highlights of the social media strategies: It focuses on user-generated content, Nike works out collaborations with celebrities, the company often engages with the users on social media, Nike attracts influencers and allows them to promote the brand.
    • Makes for Easy and Hassle-free Purchasing via its Website: Nike has decided to build an easy and effective website that categorizes all the products neatly in an easy-to-use interface. The website of Nike brings out the bold and fearless attitude of Nike users, which Nike boasts of. Nike also has smart product recommendations on its website, which makes it easy for purchasers to make their own decisions.
    • Loyalty Program: Nike has a loyal group of over 100 million members who have been recorded to have spent 3X more time on their website than the guest buyers. Nike used this data to stress their loyalty programs and has magnified their loyalty programs.

    Marketing/Branding Strategies of Adidas

    Adidas has rapidly progressed in the past few years by utilizing smart marketing strategies. The brand has notably grown at a rate of 17.6%, thereby adding nearly $5.8 bn since 2015, when compared to Nike’s addition of $4.3 billion at an average rate of 6.8%. Here’s a list of all that Adidas leverages, which helps keep the brand ahead of its peers:

    • Digital Marketing Strategy and Technical Advancements: Adidas’ straightforward digital marketing strategy and its laudable implementation are the power behind its success. A fast-growing eCommerce channel, digital production processes, and the quick adoption of technological advancements help the company gain a considerable amount of revenue, along with helping it engage with its consumers.
    • The pace of Production: Adidas boasts of its speed of production, which is completely digitalized and empowered with the latest technology of 3d printing and robotics at Speedfactory in Ansbach.
    • Relationship with the Customers: Adidas’ customer relationship is unparalleled. The company is there on the leading social media channels and keeps a constant engagement alive with its customers.
    • Commendable Collaborations and Partnerships: Adidas calls in creativity. The company opens its doors and lets out an open call for all the sportsmen and other consumers from all around the world who have a creative bent to collaborate with the brand. The “Calling All Creators” campaign is one illustrious example of such initiatives of the brand. Furthermore, Adidas also collaborates with renowned football players, singers, and athletes to inspire its consumers and target customers.
    • Strategic Cities of Operation: The cities that Adidas has decided to run its operations in include London, Los Angeles, New York, Paris, Shanghai, and Tokyo, which have been strategically important for its growth.

    Adidas Ad

    Revenue of Nike and Adidas

    Category Nike Adidas
    Revenue (2024) $51.36 Billion $25.53 Billion
    Revenue Growth 0.28% YoY 11% YoY
    Major Markets North America, Europe, and Asia Pacific Europe, North America, and Asia Pacific
    Brand Value Comparison of Nike and Adidas Worldwide From 2020 to 2023
    Brand Value Comparison of Nike and Adidas Worldwide From 2020 to 2023

    Nike Revenue

    Nike has bagged in revenues close to $51.36 billion in FY23- 24. Nike has recruited and has over 79,000 employees working for them as of 2024. It is clear that Nike is the biggest sportswear brand and is a market leader to whom most of the other brands operating in the segment look up. Nike has recruited and has over 79,000 employees working for them as of 2024. It is clear that Nike is quite big and is a really strong competitor of brands that deal with sportswear.

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    Fun Fact – Nike’s headquarters has a running track inside it – True to its roots, Nike’s Oregon campus includes top sports facilities.

    Adidas Revenue

    Adidas’ revenues have been reported at $25.53 billion in FY23- 24. Adidas has an employee strength of over 62,000, which was last reported in 2024. Adidas is one of the largest players operating in the sportswear segment, giving strong competition to Nike.


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    Production and Suppliers of Nike and Adidas

    Category Nike Adidas
    Production Nike operates a mix of in-house and outsourced production, with a majority of its products being manufactured by contract factories in Asia. Adidas also operates a mix of in-house and outsourced production, with a majority of its products being manufactured by contract factories in Asia.
    Suppliers Nike sources raw materials and components from a network of suppliers worldwide. Adidas also sources raw materials and components from a network of suppliers worldwide.

    Nike Production and Suppliers

    Although Nike is an American company, just like its competitor, the shoes are not made in its own country. It has over 523 factories spread in over 41 countries, and shoes and made mostly in China and Vietnam. Chinese manufacturers supply 23% of all Nike production, while Vietnam contributes 16% of Nike’s total production, which mostly consists of creating apparel and footwear.

    Adidas Production and Suppliers

    All the shoes from the brand Adidas are specially made in China, India, Atlanta, Indonesia, Thailand, Vietnam, Turkey, Germany, and Atlanta States. Adidas has over 500 factories in over 55 countries. The majority of shoes are made in countries situated in Asia, like Vietnam, Indonesia, and China. Vietnam produces 44% of all Adidas footwear, followed by Indonesia at 25% and China at 19%.

    Cool Factor of Nike and Adidas

    Category Nike Adidas
    Collaborations with Musicians Nike has collaborated with musicians, including Kendrick Lamar and Drake, on exclusive product collections and marketing campaigns. Adidas has also collaborated with musicians, including Kanye West and Pharrell Williams, on exclusive product collections and marketing campaigns.
    Collaborations with Celebrities Nike has collaborated with high-profile celebrities, including LeBron James and Serena Williams Adidas has also collaborated with high-profile celebrities, including James Harden and Kylie Jenner

    The cool factor here refers to the collaboration with music and celebrities or other influencers. Adidas seems to be winning in this category as its athleisure collaborations with Kanye West and Beyoncé as compared to Nike’s more sports-focused approach with sponsoring some of the biggest names in the sports category like Serena Williams, Roger Federer, Tiger Woods, Kobe Bryant, and Lebron James, have created some noise.

    With athleisure becoming a new trend, Adidas is trying to win the market by this approach. Kanye West is the best example of this because, with the help of Adidas, he has now built a billion-dollar Fashion Empire through his sneaker brand Yeezy.

    Nike versus Adidas
    Michael Jordan with Nike Jordan Sneakers

    Nike’s main collaboration till now has been with the basketball veteran Michael Jordan, whose Air Jordan line of trainers holds the top spot for celebrity sneaker brand, generating more than $3 billion in sales every year. But the first Jordans were launched in 1985, which is why it has lost their cool factor. The Celebrities that support Adidas are David Beckham, Pharrell, and Novak Djokovic, while Nike’s supporters are Drake, Roger Federer, Cristiano Ronaldo, etc.

    Nike vs Adidas: Sports Sponsorship

    Feature Nike Adidas
    Sports Sponsorships Nike has a strong presence in the world of sports through sponsorships of high-profile events and teams, including the NFL, NBA, and FIFA World Cup. Adidas also has a strong presence in the world of sports through sponsorships of high-profile events and teams, including the UEFA Champions League, MLS, and the Olympics.
    Athlete Endorsements Nike has a long history of partnering with high-profile athletes and sports teams to promote its products. Adidas also has partnerships with high-profile athletes and sports teams to promote its products.

    Sports sponsorship has been the main activity of both companies and has a history of being a part of numerous famous sports events. Nike is known to be the main provider of apparel, footwear, and uniforms of the NBA league most of the time.

    In 2018, however, Adidas sponsored way more than Nike in the Football World Cup. Where 12 teams wore the brand Adidas, 10 teams signed up for Nike. Adidas boasts the current World Cup holders, Germany, along with Argentina, Spain, Belgium, Colombia, Egypt, Iran, Japan, Mexico, Morocco, Russia, and Sweden.

    Both companies have always competed on who will get to sponsor more teams, especially in events like the FIFA World Cup, the Olympics, and NBA basketball games.


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    Future Plans of Nike and Adidas

    Feature Nike Adidas
    Future Plans Nike has announced plans to become more environmentally sustainable and expand its digital presence, including the use of augmented reality and personalization technology. Adidas has announced plans to increase its focus on sustainability and to invest in technology and innovation to enhance the consumer experience.

    As with previous years, Nike is pivoting on its digital and DTC segments. The company is currently hoping to make 50% of its operations digital by 2025. On the other hand, climate neutrality is one of the primary things that Adidas is currently aiming at. The brand is presently looking to achieve climate neutrality in its operations by 2025 and bring in climate neutrality on a global scale by 2050.

    Nike Vs Adidas: The Real Battle

    To be specific, there is this timeless battle going on between the best sneaker brands in the world. The battle started in 1976 when Nike hired John Brown and Partners as their advertising agency. Nike emerged with aggressive marketing and took 60% of the athletic shoe market in its grasp. When 1988 Nike started the ‘Just do it‘ campaign, it became one of the best ad slogans of the 20th century.

    In recent times, more specifically in 2014, Adidas partnered with Ye, formerly known as Kanye West, who claimed that his Yeezy Boost shoes are way better than Jordan Sneakers. This thing escalated the rivalry as people started leaning towards Yeezy’s.

    Nike versus Adidas
    Adidas Yeezy

    The sponsorship battle between the two is another issue. With Nike sponsoring some of the biggest names in the sports category, like Serena Williams, Roger Federer, Tiger Woods, Kobe Bryant, and Lebron James, it has created some noise.

    On the other hand, Adidas also showed that it is not less than anyone by sponsoring some of the biggest names from the sports and music industry. David Beckham, Novak Djokovic, Lionel Messi, Beyoncé and Ye. Reports claimed that Nike pays more to their sponsors than Adidas, though.

    The fight between the two sneaker giants didn’t stop even during COVID-19 when Nike started creating face masks while Adidas created face shields.

    Which Is Better Adidas or Nike?

    Nike and Adidas are the two heavyweights when it comes to footwear and sports accessories. Regardless of where we come from, most of us are attracted to these brands when it comes to sports accessories, including footwear and more.

    Nike certainly has an edge over its archrival Adidas. The former has owned 38.23% of the market share when it comes to sportswear. The advertisements and powerful celebrity endorsements including that of Michael Jordan, help Nike steer past its German counterpart, Adidas, in terms of market share, revenues, and profits. The latter, though owning a lot less of the market share than Nike, is well-revered among the world of its users for its quality and longevity. Founded in 1949, the German brand is one of the oldest operating players in the sportswear industry. However, it is the split between the brothers, Rudolf and Adolf Dassler, of the Dassler Brothers Shoe Factory that resulted in the making of two different brands – Adidas and Puma. This not only divided the brothers and their business for the rest of their lives but also divided the revenues they collected. However, it is also this split of the brothers that gave the world two of the leading brands in the footwear and sportswear industry for the users.

    In short, it is subjective to choose between Adidas vs Nike as it depends on personal preference, which brand is better between Nike and Adidas. Both companies have a strong reputation and offer high-quality products. Ultimately, it is up to the individual to determine which brand aligns with their style, comfort, and performance needs.


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    FAQs

    Why is Nike better than Adidas?

    Adidas has always managed to keep its audience in consideration to design its products undoubtedly, but Nike has always had an upper hand in innovation and design when it comes to the sports market.

    What are the differences between Nike and Adidas?

    Both Nike and Adidas are major players in the sportswear industry, but they have some distinct differences in terms of design, technology, and brand image. Nike has a reputation for being innovative and heavily focused on performance and technology, while Adidas is known for its classic and iconic designs and a strong focus on sustainability.

    Adidas or Nike, which brand offers better quality products?

    It is subjective as both Adidas and Nike offer high-quality products. It ultimately depends on personal preference, individual needs, and product type.

    Who makes more money Nike or Adidas?

    Nike typically generates higher revenue than Adidas. In 2024, Nike’s revenue is approximately US $51.36 billion, while Adidas’s revenue is approximately US $25.53 billion.

    What is the Nike brand value?

    In 2023, the Nike brand’s worth was $71.6 billion.

    Is Nike an American company?

    Yes, Nike is an American multinational conglomerate that was founded in Eugene, Oregon, US, on January 25, 1964.

    What does Adidas stand for?

    The name “Adidas” stands for the abbreviation of the name of Adolf Dassler, the founder of Adidas.

    What is the Nike market share?

    Speaking of Nike’s market share, the US sports apparel and shoe manufacturing company presently dominates the sportswear with approximately around 38.23% of the market share.

    Nike is typically considered more popular than Adidas. Nike has established itself as a global brand and household name, with a strong presence in sportswear and a reputation for quality products. However, Adidas has also gained significant popularity and recognition, particularly in recent years, and has a loyal customer base. The popularity of these brands can also vary regionally and culturally.

    Nike or Adidas which is better?

    Choosing between Nike and Adidas depends on what you’re looking for. Nike is known for its innovation, cutting-edge performance gear, and powerful athlete endorsements, making it a favorite among serious athletes and trendsetters. Adidas, on the other hand, stands out for its comfort, sustainability efforts, and timeless style, appealing to both athletes and everyday users. If you prioritize high-tech performance and bold branding, Nike might be better; if you value comfort, eco-friendliness, and classic design, Adidas could be your top pick.

  • List of Startups That Are Funded By Cristiano Ronaldo

    Whenever we see a football rolling around, there’s one personality we think of, Cristiano Ronaldo. He’s the captain of the Portugal football team and a deadly weapon of the Manchester United club at present. With a status of 674 goals on the ground, Ronaldo carries incomparable stardom.

    Besides this, scoring goals is not the only source of his revenue. Apart from being paid a whopping 11.9 crores for each promotional post on Instagram and $64 million per year for serving as Juventus’s winger, he has established various ventures outside the stadiums.

    Being an excellent athlete, Ronaldo has a very cunning business mind. From sweeping the streets to driving buggies, he has come a long way. All this is because of his hard work and multiple business ventures. No doubt he is the holder of such a massive amount of net worth. Funding, advertisements, sponsorships, all after the times he marvelously landed the ball at the back of the net, have earned him his stance in the hall of fame.

    Now there’s a side of his life, about which very few know of. Yes, as mentioned earlier, his throne is outside the field, in the market. But does this Portugal player has the ability to play his moves in the business competition? No doubt, he has. So let’s have a look at the wonders that Ronaldo’s business mind has performed.

    So, let’s have a look at the startups funded by Cristiano Ronaldo.

    List of startups funded by Cristiano Ronaldo

    1. Mobitto
    2. Herbalife Nutrition
    3. Thing Pink
    4. TAG Heuer
    5. Insparya
    6. Clear
    7. CR7 Fitness
    8. Pestana CR7 Lifestyle Hotels

    Conclusion
    FAQs

    Cristiano Ronaldo owned business and investments

    List of startups funded by Cristiano Ronaldo

    Mobitto

    On the top of the list, we have a Portugal-based startup that involves the marketing of mobiles. The company came into being in 2011. The CEO Josh Simoes and Diogo Teles presented the idea of gifting a reward of something to the people every time they came into action with the brands. Or, in simple words, people would be getting tips for shopping online.

    To serve the purpose, the app was to be launched in the initial months of 2013. But before that, Cristiano Ronaldo took to his Facebook handle to share this news. Immediately after which the beta version of this app came into being.

    Although the amount he funded was behind the curtains, he expressed his joy while sharing this news. His post revealed his happiness towards this encouraging initiative as the mobile world is a fast arena of happenings. He also expressed his full support saying that a fast-approaching change is possible with mobile.

    Herbalife Nutrition

    Mark Hughes, the founder of this company, made it a reality in 1980. Herbalife Nutrition operates based on providing people with proper health and nutrition supplements. For such a company, to shake hands with a personality like Cristiano would be no less than a gold medal.

    Thus, in 2013 the company shook hands with Ronaldo. It resulted in the launch of a sports drink inspired by Ronaldo. It was tagged as Herbalife 24 CR7 drive. With such an aggressive name, and Ronaldo’s name attached to it, the company was happy. Following this, Ronaldo had been funding the company. Later in 2018, the deal was renewed for an extension of 3 years.


    Scitron – One of the Leading Nutritional Supplements Company in India
    Read about Scitron’s journey to be a leading Nutritional Supplement Company in India. Scitron offers 100% Genuine Protein Powder, BCAA, etc. Read this article to know scitron company profile.


    Thing Pink

    Ronaldo funded one of the most prominent digital agencies all over Portugal.  This Luis Parafita leads link. The Portuguese captain had envisioned a new tech brand along with a tech vehicle titled “7EGEND.” In the initial stages, Thing Pink was understood as a team of advanced engineers, producers, and technical minds who ruled the digital arena.

    Now that Ronaldo has a superior hold of them, all are focused on turning Ronaldo’s vision into a reality of creating a tech-inspired world that would go hand in hand with the sports world too.


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    TAG Heuer

    Cristiano Ronaldo had shaken hands with this company in 2014. Overall entitled as a watchmaker company, designing and manufacturing the fashion accessories is also a part of their routine. TAG Heuer was established in 1860 with its headquarters in Switzerland. Ronaldo being the first international ambassador for this company, had signed a long-term deal.

    Insparya

    Apart from partnerships, Ronaldo now has a venture of his own. The Sparta hair transplant clinic. With the significant highlights on hair problems, he expressed his concern in tackling them.

    People should be accessible while putting forward their problems rated to hair and likewise should be treated well. With this note, he initiated the project. He has 50% of this project to his name. Insparya branches into ten centers in the whole of Portugal.

    Clear

    In 2014 itself, the five-time ballon o dr champion funded a hair care product. Clear shampoo is a part of Unilever. With Cristiano’s face in every advertisement and promotion, the shampoo has its value all around the globe. The company came into being in 1975 with the tag of clinic shampoo. When later, it was again given the title of Clear.

    CR7 Fitness

    CR7 Fitness is another sector of Ronaldo’s venture, which includes all the gyms he owns around Portugal. Being one of the fittest athletes, he never underestimates fitness. Thus, the gyms which he owns reflect his affection towards being healthy.
    Apart from these, he also funds branches of CR7, which include CR7 denim, perfumes, footwear, and the list goes on. The CR7 brand was launched in 2013. Afterward, in 2015, Ronaldo came up into the market with his brand-produced footwear.

    Pestana CR7 Lifestyle Hotels

    It’s a portugal tourism group which has its series of hotels. It is owning a total of 91 hotels all around the globe. In 1972 it took birth behind which were the names Josh Pestana and Manuel Pestana. Their chain of hotels extends from Europe to South America also to Africa.

    In 2017 Cristiano came in to fund their chains of hotels. He supported the chains with a net worth of €60 million, which made Cristiano the owner of these hotels. Later the name was tossed as Pestana CR7 lifestyle hotel. With this name tag, the first pillars of hotels were placed in Madrid and New York.


    List of Brands Endorsed by Cristiano Ronaldo
    Cristiano Ronaldo is very particular about the brand he promotes and endorses. An interesting thing to note is he has also endorsed with Coca-Cola in the past.


    Conclusion

    Besides the sports world, which involves heavy workouts and a perfect physique, Ronaldo has proved the worth of a sound mind. Although other athletes follow the same path, when Ronaldo’s fame and reach are put together to his business mind, it is a tough plate to level up.

    With multiple backups at hand, this world-class Portuguese player has performed wonders on the ground that earn him $64 million a year. With the foundation he has laid, his generations would also enjoy the fruits of this.

    His brands and his fundings, at a global level, serve him with extra fame and reach to already what he has gained from scoring goals. And now, with his budgets, along with himself, the company’s are benefitted to an unimaginable extent. Along with that, Ronaldo contributes to advertisements as well. Thus, Cristiano Ronaldo defines what a complete played is.

    FAQs

    What products has Cristiano Ronaldo endorsed?

    Cristiano Ronaldo Endorsements list:

    • Coca-Cola
    • Herbalife Nutrition
    • Clear
    • Insparya
    • 7EGEND
    • LiveScore
    • Free Fire
    • Pestana CR7 Lifestyle Hotels
    • Nike
    • Dazn
    • Altice
    • Tag Heuer
    • CR7 Fitness

    What is the net worth of Cristiano Ronaldo?

    Cristiano Ronaldo has net worth of $120 million. He has been ranked as the world’s third highest-paid athletes by Forbes in 2021.

    Which startups funded by Cristiano Ronaldo?

    Cristiano Ronaldo Startups:

    • Mobitto
    • Herbalife Nutrition
    • Thing Pink
    • TAG Heuer
    • Insparya
    • Clear
    • CR7 Fitness
    • Pestana CR7 Lifestyle Hotels
  • List of Brands Endorsed By The Great Khali

    The current years many brands are appointing many sportsman and athletes as their brand ambassador. This is because many athletes are not just popular but also have the skills and characteristics that are admired by consumers from all walks of life.

    One such unique wrestler that is self-made, and has achieved success through the sheer determination and hard work is none other than the Great Khali. The Great Khali born as Dalip Singh Rana is an Indian American Professional Wrestler, Wrestling promoter and actor. He became popular during his time in the WWE.

    Khali was earlier an officer in the Punjab Police, but made his debut as a professional wrestler in 2000. Khali has also appeared in some Hollywood and Bollywood movies such as The Longest Yard, Get Smart, Kushti, the tree of life, John Cena experience, etc. He also was a part of the popular reality TV show Big Boss in 2010.

    The wrestler was the first Indian world heavyweight champion and has defeated well known people like Undertaker, Kane, John Cena, Shawn Micheals and Big Shaw throughout his career. Khali is the founder of Continental Wrestling Entertainment (CWE) which is an Indian professional wrestling promotion and training academy.

    From 2006 to 2014, Khali has won several WWE Champions, like World Heavyweight Champion, 2 time CWE Heavyweight Champion, 2 time Slammy Award winner in WWE and winner in the Teisen Hall Six Man Tournament. Recently on 24th March 2021, Khali was inducted into the WWE Hall of Fame.

    As of 2021, the net worth of the great Khali is estimated to be over $6 million, which he earned mostly through wrestling. The wrestlers has so far earned over $2.2 million just from his brand endorsement. This fame has also led him to be the brand ambassador of for some brands such as Ambuja Cements Limited, Nestle Munch, Maithan steel and Immortal Tyres.

    Ambuja Cements Limited
    Nestle Munch
    Maithan Steel
    Immortal Tyres
    Frequently Asked Questions


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    Here is a list of brands endorsed by The Great Khali.

    Ambuja Cements Limited

    Ambuja is a leading cement producing company that is known for its home building solutions and sustainable development operations. Ambuja Cement was founded in 1983 and has its headquarters in Mumbai, Maharashtra. The company markets cement and clinker for both domestic and export markets.

    In 2006, Ambuja became the partner of Holcim which is the second largest cement manufacturer in the world. Ambuja is one of the most trusted brands in India because it is its products offer sustainable options, designed according to the climatic conditions in India. Currently, Ambuja Cement has a cement manufacturing capacity of 29.65 million tonnes as it has five cement manufacturing plants and eight cement grinding units across India.

    The company signed the great Khali as its brand ambassador in 2015. The WWE wrestler has appeared in some ads for Ambuja, one of the best ambuja ads is the mockumentary ad with Khali. In the ad Khali is shown to be in an interview, explaining about how his strength and height were a problem in his earlier days.

    The funny commercial shows him struggling with infrastructure and falling in different places while doing his daily tasks, the ad then showcases that after building a home with ambuja cement, he finally understands the joy of being at home. The advertisement was funny, clever and got lakhs of views within a first weeks of its launch.


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    Nestle Munch

    Nestle Munch is a popular wafers filled chocolate bar sold in India and made by the conglomerate Nestle. Munch comes in various different flavors such as Munch Nuts, Munch Crunch O’Nuts, etc. Its parent company is the FMCG giant Nestle, which is a swiss multinational food and drink company that has its headquarters in Vevey, Switzerland.

    Nestle sells a vast variety of products such as Baby food, medical food, cereals, bottled water, dairy products, ice cream, pet food, snacks, etc. Nestlé was formed in 1905, and is now considered to be the largest food company in the world, in terms of revenue. Currently Nestle is sold in 189 countries with more than 447 factories around the world. Nestle started imported its products to the Indian market in 1912 and has a long history with the country.

    Nestle is one of the most trusted brands in India because it has helped the country grow for over a century and employs over a million Indians in different roles. Nestle manufactures many products that are well known in India such as Nescafe, Maggi, Kit Kat, Milkmaid, Nestea, and a wide range of Nestle dairy products.

    Nestle signed The Great Khali as the endorser for its brand Munch in 2018. Nestle launched the ad campaign featuring Khali and the Bollywood actor Ishaan Khattar shot at the picturesque Dal Lake in Srinagar. The ad showcases the Ishaan being stunned by his date and her chaperone Khali. It further shows Ishaan biting into the Nestle Munch and getting an idea to save his date.


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    Maithan Steel

    Maithan Steel is one of the leading steel plants of the country as it has history of over half a century. The company specializes in iron and steel, ferro alloys, refractory, power and cement sectors and is available in over 56 countries including Europe and Japan.

    Maithan Steel and Power ventured into the iron and steel industry in 2001 and so far has over 1500 direct employees and 10,000 indirect employment. The company aims to deliver the best to its customers by manufacturing products with the best materials by using the latest technology and innovation in Indian and across the world.

    The company made The Great Khali its brand ambassador in 2020, the professional wrestler was a part of the ad campaign that reveled its new identity with the tagline “Nirmaan ka Maandand”. Through this ad the company was aiming to increase awareness, educate and inspire consumers on purchasing strong steel like Maithan steel which is said to be made in state of art technology.

    Kaushal Agarwalla the Director of Maithan Steel said that, they were glad to be associated with Khali for the campaign, as he would help in establishing the value of strength, bring better engagement, re-install the sense of trust and dependability with their customers.


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    Immortal Tyres

    Immortal Tyres started in 2011 are one of biggest manufacturers of a wide range of Tractor tyres, E-Bikes and Bike tyres. The company created best quality tyres by using the top grade resources. Immortal Tyres are known for their strong construction, premium quality, long service life and affordable prices.

    The aim of the company is to meet the changing needs of the customers and offer products as per the client need. The great Khali was signed as the endorser for Immortal Tyres in 2020. The wrestler is also featured in an ad campaign where he showcases the strength and durability of the Tractors tyres.


    List of Brands Endorsed By MS Dhoni
    Over the years celebrity endorsements have become an essential part of marketingfor all the big companies in India. Celebrity endorsements is a form ofadvertising campaign or a marketing strategy that uses a celebrities fame orsocial status to promote their products, brand and services to their t…


    Conclusion

    The Great Khali is one of celebrated wrestlers in the history of WWE and is known for his humble and sincere nature. The professional wrestlers has worked hard to reach to that platform and this are the characteristics that are expected from brand endorsers in the advertising industry.

    Khali has over 1.6 million followers on Instagram and 11.8 thousand followers on Twitter and constantly endorsing his training center and other brands on his social media. But was recently the targeted by the impossible requests and memes from trolls, despite that the wrestler seems to take it positively and let it go. Khali is one of the few professional’s wrestlers to be signed as brand ambassador for big brands.

    Frequently Asked Questions

    Who is The Great Khali?

    The Great Khali born as Dalip Singh Rana is an Indian American Professional Wrestler, Wrestling promoter and actor that became popular during his WWE profession.

    What is the Net worth of the Great Khali?

    The Net worth of the Great Khali is estimated to be $6 million as of 2021.

    How much does The Great Khali earn from Endorsements?

    The Great Khali is known to earn over $2.2 million from Endorsements

    What are the brands endorsed by The Great Khali?

    The brands endorsed by The Great Khali are Immortal Tyres, Maithan Steel, Nestle Munch, and Ambuja Cements Limited.