Why Some shoes are expensive?

Limited distribution – It’s the law of supply and demand at work. When a particular shoe or shoe manufacturer is hot and supplies are limited, the price goes up. It’s the same in nearly every industry and with every type of product. When you just have to have it, you pay for the privilege.

Is Nike an expensive brand?

Nike shoes. In 2016, it overtook Louis Vuitton as the most valuable apparel brand in the world, according to a ranking by Forbes. …

Is Puma a popular brand?

PUMA’s brand is ranked #63 in the list of Global Top 100 Brands, as rated by customers of PUMA.

Is adidas a luxury?

adidas growing by 11\% from 2019 is now worth 14 812 million US dollars and ranks in third. The luxury Top 10 total brand value is 177 billion US dollars, growing by 3\% from the previous year.

Why is Nike more successful than Puma?

Nike has a higher global revenue than its main competitors, Adidas and Puma, put together. North America. Much of Nike’s success can be attributed to the brand’s marketing campaign as well as sponsorship agreements with celebrity athletes and professional sports teams.

Which brand is better Adidas or Nike or Puma?

Between Nike and Adidas I really don’t know which is best. They are both great brands that make great quality products. However, Puma is by far the worst brand of the three and by far the worst brand compared to many other brands as well. It has been my experience that Puma products in some areas are badly designed and don’t last.

What brands are similar to Nike and Adidas?

Gone are the days when you had to look up to Nike or Adidas only. There are many new brands on the circuit such as Under Armour, Skechers, and Kalenji. These brands provide shoes of comparable quality and at unbelievable prices.

What is the gross profit margin of Nike and Adidas?

Revenue of Nike and Adidas Brand (2017) Revenue Net Result Gross Profit Margin Employees Nike 28.7 billion 1,468 million 43.5\% 74,400 Adidas 21.2 billion 1,173 million 50.4\% 56,888 Puma 4.14 billion 136 million 47.3\% 11,389 Under Armour 4.07 billion -39 million 45.0\% 15,800

How many Adidas factories are there in Vietnam?

Chinese manufactures supply 23\% of all Nikes production while Vietnam contributes 16\% of Nikes total production which mostly constitutes to creating apparel and footwear. Adidas however, has over 800 factories in 55 different countries. Vietnam produces 44\% of all Adidas footwear, followed by Indonesia at 25\% and China at 19\%.