Which is costly, PUMA or Nike?
Nike is the most popular brand among the three, with a brand value of $34. Forbes. Adidas comes in second with a brand value of $12. Puma comes in at $4 billion. Nike’s brand is ranked #6 in the list of Global Top 100 Brands, as rated by customers of Nike. Their current market cap is $222. B. PUMA’s brand is ranked #63 in the list of Global Top 100 Brands, as rated by customers of PUMA. Their current market cap is $15. B.Nike is the most popular brand among the three, with a brand value of $34. Forbes. Adidas comes in second with a brand value of $12. Puma comes in at $4 billion.In business terms, it is Adi who has won. Adidas is by far the bigger company, employing 39,000 compared with Puma’s 9,000.Nike’s premium pricing stems from strong brand reputation, significant investment in R&D for innovative footwear technologies, use of high-quality and sustainable materials, rigorous manufacturing processes, heavy marketing expenses, and limited edition collaborations.Nike remains the most dominant brand in the sneaker industry, with several iconic models leading the market. The best selling shoes ever made by Nike are the Air Force 1, approximately 10 million pairs are sold around the world in a year.
What is Virat Kohli’s shoe brand?
Ans. Virat Kohli is the brand ambassador of Puma and wears Puma cricket shoes. Puma signed Kohli back in 2017 with a whopping Rs. Virat also launched the One8 range of sneakers in association with Puma.However, a newer report has revealed that Kohli has reportedly rejected a mind-boggling contract offer made by Puma of Rs 300 crore for the next eight years, in order to pursue his own project. In 2017, Kohli had signed an eight-year contract worth Rs 110 crore to link up with Puma as their brand ambassador.