Nike is the world's largest sportswear company, headquartered in the US and manufacturing primarily in Asia. Adidas is the European incumbent sportswear champion, headquartered in Herzogenaurach, Germany — EU-owned and one of the few global brands that genuinely competes with Nike worldwide.
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Nike
Incumbent Solution
Nike is the world's largest athletic footwear and apparel company, headquartered in Beaverton, Oregon. Listed on NYSE, it manufactures the majority of its products in Asia and is the dominant incumbent in sportswear that EU brands like Adidas and Puma compete against.
Adidas AG is a multinational corporation based in Germany that designs and manufactures athletic footwear, apparel, and accessories. It is one of the world's largest sportswear brands, operating through a global network of subsidiaries and manufacturing partners.