Sportswear brands are very popular in the UK, and a large percentage of citizens in the country participate in sports activities regularly.
The sale of quality sportswear and apparel takes up a considerable market share in the UK. Social media and analytics software have made it possible to compile a list of the seven most prominent sportswear brands in the country for 2022.
1. Nike
Nike is an American multinational corporation, but it has seen tremendous success in the UK over the last couple of years. The company specialises in apparel, footwear, equipment, and accessories. The company currently enjoys an estimated net worth of over $32 billion.
2. Adidas
Adidas was the leading brand in the UK only a couple of years ago. The German multinational corporation specialises in the sale and manufacture of clothing, shoes, and accessories. The brand was worth around $16.5 billion dollars in 2021.
3. Vans
Vans has risen in popularity in the UK in recent years. The American manufacturer leads the way in skateboarding shoes and related apparel. The classic style is still popular, and it is rooted in 1960s skate culture. Estimates put the company’s net worth between 3 and 4 billion dollars.
4. Puma
Puma is still in the top 5 sportswear brands in the UK for 2022. The German brand specialises in sports lifestyle products, footwear, clothing, apparel, and accessories. It has an estimated net worth of around $16.4 billion.
5. Converse
Converse operates as a subsidiary of Nike Inc. The American shoe company has managed to stay in the top 5 sportswear brands in the UK in 2022. The brand specialises in footwear, apparel, and accessories. The subsidiary is currently worth about $44.5 billion.
6. Under Armour
Even though Under Armour is not overly popular worldwide or as widely distributed as the other brands on this list, it still plays a valuable role among sports brands in the UK and USA. As of 2022, the company is worth around $3.9 billion.
7. New Balance
New Balance is a running shoe company that was first established way back in 1943. Jim Davis helped to turn it into a multi-billion-dollar franchise when he took over in 1973. The company is one of the leading sportswear brands in the UK, with an estimated net worth of $3 billion.
Even though the market for sportswear and activewear continues to be competitive, leading brands like Nike and Adidas have continued to hold the greatest market share over the years.