In this article, we will take a look at the 5 biggest outdoor brands and companies. If you want to read our introduction to the industry, then take a look at 19 Biggest Outdoor Brands and Companies.
5. V.F. Corporation (NYSE:VFC)
Market Capitalization: $11.47bn
V.F. Corporation (NYSE:VFC) is one of the biggest apparel brands in the world. V.F. Corporation (NYSE:VFC) is behind The North Face brand. The Colorado-based company operates in three segments: Outdoor, Active and Work. The company however recently warned that it could face tough times ahead as discretionary spending declines all over the world. V.F. Corporation (NYSE:VFC)’s warning caused a wider selloff in the apparel and footwear industry.
In addition to The North Face, some other famous brands VF Corp. sells include Vans, Supreme and Timberland.
4. adidas AG (OTC:ADDYY)
Market Capitalization: $26bn
No list of outdoor companies and brands could be declared complete without the mention of adidas AG (OTC:ADDYY), the German sports giant which enjoys market dominance in Europe. It’s the second largest sportswear company in the world after Nike. adidas AG (OTC:ADDYY) owns several outdoor brands, including Five Ten, which it acquired back in 2011. Five Ten is known for outdoor footwear, especially its shoes that are used in trail hiking. In 2021, a Financial Times report said that the company plans to become one of the top four outdoor brands in the world by 2025. The report said that Adidas plans to complete with rivals like VF Corporation, Patagonia and Arc’teryx.
Here is what Polen International Growth Fund has to say about adidas AG (NYSE:ADDYY) in its Q1 2022 investor letter:
“We added to the Portfolio’s position in adidas AG as we believe the company’s management team is making strides in positioning the company for faster growth. Innovative product development, along with interesting design and marketing collaboration initiatives, have been unlocking the company’s growth potential.
We also believe the continuing shift away from wholesale distribution to direct-to-consumer sales should drive steady margin progress. We estimate that adidas will grow earnings in the high teens annually over the next five years.”
3. ANTA Sports Products Limited (HKSE:2020.HK)
Market Capitalization: $37.5bn
ANTA Sports Products Limited (HKSE:2020.HK) is an outdoor and sportswear giant. It is the third-largest sports products company in the world, ranking behind Nike and Adidas. ANTA Sports Products Limited (HKSE:2020.HK) is the owner of famous outdoor brands like Amer Sports and Arc’teryx, FILA, DESCENTE, Kolon and Anta Kids.
Recently, it was reported that Anta Sports was mulling an IPO of Amer Sports. The planned IPO could raise up to $1 billion.
Amer Sports makes the famous tennis racket Wilson. ANTA Sports Products Limited (HKSE:2020.HK) is also behind Atomic winter equipment, Salomon ski boots and Louisville Slugger baseball bats.
2. NIKE, Inc. (NYSE:NKE)
Market Capitalization: $189bn
NIKE, Inc. (NYSE:NKE) is the biggest sportswear company in the world. NIKE, Inc. (NYSE:NKE) is behind several brands that are used in outdoor sports and activities. These brands include Nike Golf, Nike Pro, Nike+, Air Jordan, Nike Blazers, Air Force 1, Nike Dunk, Air Max, Foamposite, Nike Skateboarding, among many others. NIKE, Inc. (NYSE:NKE) stock soared last month after the company posted strong fiscal second quarter report and also gave decent guidance. Commenting on the results, Wells Fargo praised the company’s 17% growth in the topline.
1. Walmart Inc. (NYSE:WMT)
Market Capitalization: $387bn
Don’t be surprised to see Walmart Inc. (NYSE:WMT) in this list. The company has its presence in a diverse range of businesses, including outdoor products. Walmart Inc. (NYSE:WMT) is the owner of the famous outdoor brand, Moosejaw, which it bought back in 2017 for $51 million. Moosejaw sells equipment for snowboarding, rock climbing, hiking, and camping.
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