Retail
The global activewear market size reached US$ 393.2 Billion in 2023. Activewear is clothing designed for sports and other outdoor activities. It is made from flexible materials, such as cotton-polyester, cotton, polypropylene, nylon-spandex, polyester-spandex, and wool blend that absorb sweat and moisture and keeps the body temperature moderate. It is comfortable, lightweight, breathable, versatile, and helps prevent sweat odor. It also keeps muscles oxygenated, offers sun protection, increases blood flow, and prevents chafing, rashes, muscle sprains, and other ligament-related injuries. Owing to these properties, activewear is widely utilized by athletes and sportspersons across the globe.
As per the analysis by IMARC Group, the top activewear companies are investing in research and development (R&D) activities to introduce smart activewear that assist in keeping track of workout routines, monitoring performance, and providing real-time feedback. They are also launching fast-drying materials and t-shirts made from lightweight infrared-emitting fabrics that can track heart rate, manage body heat and improve blood circulation. Besides this, various leading market players are collaborating with celebrities to endorse their brands and strengthen their market foothold. Looking forward, IMARC Group expects the market value to reach US$ 627.3 Billion by 2032, exhibiting a CAGR of 5.2% during the forecast period (2024-2032).
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Establishment: 1924
Headquarters: Bavaria, Germany
Website: https://www.adidas-group.com/
Adidas AG designs, distributes, and markets athletic and sports lifestyle products. It also offers footwear, apparel, accessories, and gear under the Adidas brand. It sells its products through 2,200 company-owned retail stores, franchise stores, shop-in-shops, and wholesale and e-commerce channels. The company was known as Adidas-Salomon AG and changed its name to Adidas AG in June 2006.
Establishment: 1949
Headquarters: Kobe, Japan
Website: https://corp.asics.com/
ASICS Corporation is a multinational corporation engaged in manufacturing and selling sports-related products across Japan, Europe, Southeast, and South Asia, and internationally. It offers sports shoes, sneakers, t-shirts, game wear, swimwear, socks, and other apparel and equipment for men, women, and kids. Presently, the company sells its products under the ASICSTIGER, ASICS, and Onitsuka Tiger brands through 989 retail stores and e-commerce websites.
Establishment: 1938
Headquarters: Oregon, the United States
Website: https://www.columbia.com/
The Columbia Sportswear Company is engaged in manufacturing and distributing sportswear, outerwear, footwear, headgear, camping equipment, ski apparel, and other accessories. It provides accessories and equipment used in various activities, such as camping, hunting, mountaineering, fishing, trail running, yoga, golf, water sports, and adventure travel. It also offers footwear, hiking boots, trail running shoes, rugged cold weather boots, ice, sandals, and casual shoes for everyday use. Presently, the company sells its products under the Columbia, Mountain Hardwear, SOREL, and prAna brand names through retail stores, e-commerce sites, sporting goods chains, department store chains, internet retailers, and international distributors.
Establishment: 1948
Headquarters: Pennsylvania, the United States
Website: https://www.dickssportinggoods.com/
DICK'S Sporting Goods, Inc. operates primarily as a sporting goods retailer in the eastern United States. It provides fitness, golf, sporting goods, hunting and fishing gear products, apparel, footwear, and accessories. It also owns and operates GameChanger, a youth sports mobile application for video streaming, scorekeeping, scheduling, and communications. At present, the company sells its product through e-commerce websites and mobile applications.
Establishment: 1984
Headquarters: California, the United States
Website: https://www.forever21
Forever 21 is a fast fashion retailer of women's, men's, and kids' clothing and accessories. It offers apparel, beauty products, home goods, and accessories. It also offers sportswear such as shorts, swimwear, sports bra, activewear, and other apparel for both men and women. Currently, Forever 21 operates more than 550 stores in 27 countries across the globe.
Establishment: 1969
Headquarters: California, the United States
Website: https://www.gapinc.com/
The Gap, Inc., commonly known as Gap Inc. or Gap, is a worldwide clothing and accessories retail company. The company offers accessories, apparel, and personal care products for women, men, and children under Banana Republic, the Gap, Old Navy, and Athleta brands. It produces denim, tees, fleece, and khakis, eyewear, handbags, jewelry, shoes, fragrances, fitness and lifestyle products. Presently, the company offers its products through company-operated and franchise stores, Websites, third-party arrangements, and catalogs.
Establishment: 1964
Headquarters: Oregon, the United States
Website: https://nike.com/
NIKE Inc. designs, develops, markets, and sells athletic footwear, apparel, equipment, and accessories worldwide. The company provides athletic and casual footwear, casual sneakers, apparel, and accessories under the Chuck Taylor, All-Star, One-Star, Converse, Star Chevron, and Jack Purcell trademarks. In addition, it sells a line of performance equipment and accessories such as bags, sports balls, eyewear, socks, timepieces, digital devices, gloves, protective equipment, bats, and other equipment for sports activities to other manufacturers. Additionally, the company licenses unaffiliated parties to manufacture and sell apparel and other equipment under NIKE-owned trademarks.
Establishment: 1948
Headquarters: Herzogenaurach, Germany
Website: https://puma.com/
PUMA SE designs sells, develops, and markets footwear, apparel, and accessories in Europe, the Middle East, Africa, America, Asia Pacific, and China,. The company offers performance and lifestyle products for football, handball, rugby, cricket, volleyball, training and fitness, golf, running, and motorsports. It also issues licenses to design, manufacture, and sell watches, safety shoes, glasses, and gaming accessories. The company sells its products through PUMA retail stores and online stores under the PUMA and Cobra Golf brands.
Establishment: 1881
Headquarters: New York, the United States
Website: https://www.pvh.com/
Formerly known as the Phillips-Van Heusen Corporation, PVH Corp. is a global apparel company. It designs and retails men's, women's, and children's apparel and accessories, swimwear, swim-related products, handbags, footwear, outerwear, luggage products, sleepwear, gloves, socks, watches, and jewelry, eyeglasses and non-ophthalmic sunglasses, fragrance, home bed and bath furnishings, leather goods, and other products. The company also operates various brands such as Calvin Klein, Van Heusen, Tommy Hilfiger, IZOD, Warner's, Olga, ARROW, Geoffrey Beene, True&Co., and other owned, licensed, and private label brands.
Establishment: 1992
Headquarters: California, the United States
Website: https://www.skechers.com/
Skechers USA, Inc. designs, markets, and distributes footwear for men, women, and children; and performance footwear for men and women worldwide. The company operates through three segments: domestic wholesale, international wholesale, and direct-to-consumer. The company's diverse portfolio includes Skechers Sport, Skechers USA, Skechers Street, Skechers Active, Modern Comfort, Mark Nason, and BOBS brands. The company also provides men's and women's slip-resistant and safety-toe casuals, boots, hikers, athletic shoes, and lifestyle apparel. Presently, the company operates 4,306 company and third-party-owned Skechers stores across the globe.
Establishment: 1899
Headquarters: Colorado, the United States
Website: https://www.vfc.com/
V.F. Corporation is engaged in the designing, marketing, and distributing of branded lifestyle apparel, footwear, and related products across America, Europe, and the Asia-Pacific. The company provides equipment, accessories, action sports-inspired streetwear, protective work footwear, handbags, luggage, backpacks, and work and lifestyle apparel and footwear under Timberland, the North Face, Smartwool, Icebreaker, Altra, Vans, Supreme, Kipling, Napapijri, Eastpak, JanSport, Dickies, and Timberland PRO brand names. Presently, the company sells its products primarily to specialty stores, department stores, national chains, mass merchants, retail stores, concession retail stores, and e-commerce sites.
Establishment: 1996
Headquarters: Maryland, the United States
Website: https://underarmour.com/
Under Armour, Inc., is a global leader in apparel, footwear, and accessories for men, women, and kids. The company offers footwear products for running, training, basketball, recovery, and outdoor applications. It also provides accessories, digital subscriptions, and advertising services under the MapMyRun and MapMyRide platforms. Besides this, the company operates Heatgear, Coldgear, Hovr, Armour Fleece, Protect This House, And Armour Bra brands. Currently, the company owns a network of 422 brand and factory house stores across the globe.
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