Top 10 Sportswear Companies Globally By Market Cap (2025)

Leading Sportswear Companies Globally by Market Cap (2025)
As of mid-2025, the global sportswear sector is led by Nike ($107.03B market cap), adidas ($43.42B), and ANTA Sportswear ($32.66B), collectively shaping performance innovation, consumer culture, and brand-driven growth. Nike, operating in over 190 countries, continues to dominate with its D2C ecosystem, athlete endorsements, and ongoing investment in digital and sustainable platforms. Adidas remains a key player in football and fashion, with its “End Plastic Waste” initiative and circular design efforts influencing both product and perception. ANTA, China’s largest sportswear company, saw strong 2024 momentum, supported by its international portfolio, including Salomon and Arc’teryx.
Other major names include Lululemon ($27.53B), expanding beyond yoga with connected fitness and men’s wear; ASICS ($17.36B), driven by biomechanically-engineered running footwear; and Skechers ($9.44B), which leverages celebrity partnerships and mass-market appeal across 180+ countries. VF Corporation ($4.78B), parent to The North Face and Vans, continues to push omnichannel retail and youth fashion, while PUMA ($3.95B) accelerates its mix of performance and lifestyle offerings. Columbia Sportswear ($3.26B) leads in outdoor innovation, and Under Armour ($2.84B) is retooling its strategy with a renewed focus on core performance and training.
Together, these companies not only dominate market value but are actively investing in R&D, digital transformation, and global expansion to stay competitive in a rapidly evolving sportswear landscape.