Double Tap to Zoom

adidas is currently outperforming Nike on Wall Street. Over the last 12 months, Adidas AG shares have risen 56.50%, while Nike's have “only” appreciated by 33.66%.

According to Forbes, Nike remains the industry leader in terms of sales, but adidas is the most profitable, boasting a gross profit margin close to 52.08%. Nike, on the other hand, posted a gross profit of 44.70%.

Much of adidas’ success has been attributed to its high profile collaborations and partnerships with celebrities and companies such as Kanye West, BAPE, Pharrell Williams, Run DMC, and Beyonce.

The Forbes article suggests that adidas' strong financial performance can also be attributed to; the accumulation of brands including Reebok and Runtastic, its innovating digital shopping experience, well-targeted marketing campaigns such as the She Breaks Barriers initiative, and a targeted focus on younger consumers.

Forbes also cites the German sportswear maker's innovative production process. The FUTURECRAFT.LOOP (a 100% recyclable performance running shoe that can be returned and recycled) is one such product that helped adidas make it to the Dow Jones Sustainability indexes for the 20th year.

Investing.com analyst Jesse Cohen believes that while adidas’ performance on Wall Street means it is closing the gap on arch rival Nike, the Swoosh is still the true leader in its field.

 

We Recommend
  • Nike’s Delicious “Olive” Dunks Aren’t Just an Appetizer. They’re the Main Course
  • adidas' Definitive Dad Shoe Has Now Got A Dad Bod
  • The Incredibly Stylish Return of Bob Marley's Favorite adidas Sneaker
  • This "Infrared"-Hot Re-Release of Nike's AJ6 Harks Back to Basketball History
What To Read Next
  • adidas' Definitive Dad Shoe Has Now Got A Dad Bod
  • In Gorgeous Tonal Pony Hair, Vans’ Authentic Goes Quiet Luxury
  • The Incredibly Stylish Return of Bob Marley's Favorite adidas Sneaker
  • This "Infrared"-Hot Re-Release of Nike's AJ6 Harks Back to Basketball History
  • You Can Thank Marty Supreme for the $1,000 Timberland Puffer
  • Beautiful, Mother-of-Pearl... Running Shoes?