The chart above displays the net revenue of Nike from the sales of Footwear from 2010 to 2022 in millions.
In fiscal 2022, Nike generated $29,143 million from the sales of footwear, which is its largest product category based on net revenue. Its revenue from footwear increased by $1.1 billion in 2022 compared to the prior year. Nike had total net sales worth $46,710 million in 2022.
Nike Revenue from sales of Footwear 1999-2022
Following table shows the revenue of Nike Inc. from sales of footwear from 1999-2022.
Amounts are in $millions.
| Year | Footwear |
|---|---|
| 2022 | $29,143 |
| 2021 | $28,021 |
| 2020 | $23,305 |
| 2019 | $ 24,222 |
| 2018 | $ 22,268 |
| 2017 | $ 21,081 |
| 2016 | $ 19,871 |
| 2015 | $ 18,318 |
| 2014 | $ 16,208 |
| 2013 | $ 14,635 |
| 2012 | $ 13,513 |
| 2011 | $ 11,519 |
| 2010 | $ 10,301 |
| 2009 | $ 10,307 |
| 2008 | $ 9,732 |
| 2007 | $ 8,514 |
| 2006 | $ 7,966 |
| 2005 | $ 7,300 |
| 2004 | $ 6,566 |
| 2003 | $ 5,980 |
| 2002 | $ 5,677 |
| 2001 | $ 5,556 |
| 2000 | $ 5,562 |
2022: In fiscal 2022, Nike enjoyed revenue growth across all product categories compared to the prior year. The largest product category of Nike based on net sales globally is footwear. The company generated $29,143 million in 2022 from footwear and $13,567 million from apparel. Equipment sales generated $1,624 million for Nike in 2022. Nike had total annual net sales worth $46,710 million in 2022.
Nike Revenue from footwear reached $22.3 Billions in 2018 from $21.1 Billions in 2017 & $19.9 Billions in 2016.
About Nike:
Nike is an international brand of athletic footwear, sports apparel, accessories and equipment. Its product offerings are focused on six key categories – Running, NIKE Basketball, the Jordan Brand, Football (Soccer), Training and Sportswear. Nike’s wholly-owned subsidiaries include Cole Haan (luxury shoes, handbags, accessories and coats); Converse (athletic and lifestyle footwear, apparel and accessories); Hurley (action sports and youth lifestyle footwear, apparel and accessories); Nike Golf, and Umbro (a leading U.K. based football/soccer brand). The number of Nike retail stores has reached 1,182 out of which 392 are located inside US and 790 overseas. Each brand by Nike targets a distinct segment of consumers.
Nike has outsourced most of its production to external suppliers.
Factories producing Nike products globally in 2018 –
124 footwear factories in 13 countries.
328 apparel factories in 37 countries.
Sources:
Nike Annual Reports
Abhijeet Pratap is a passionate blogger with seven years of experience in the field. Specializing in business management and digital marketing, he has developed a keen understanding of the intricacies of these domains. Through his insightful articles, Abhijeet shares his knowledge, helping readers navigate the complexities of modern business landscapes and digital strategies.