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Sports Bra and Underwear Market

Sports Bra and Underwear Market By Type (Sports Bra, & Sports Underwear), By Fabric Type (Cotton, Polyester, Nylon, Spandex/Elastane, Bamboo Fabric, and Blended Fabrics), By Distribution Channel (Specialty Stores, Supermarkets and Hypermarkets, Departmental Stores, E-commerce Platforms, and Brand Websites), By Application (Gym and Fitness, Outdoor Activities (Hiking, Running, etc.), Competitive Sports, Yoga and Pilates, Casual/Everyday Wear), By Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2024-2031

Report ID : 3192 | Publisher ID : Meta | Published : 2025-01-06 | Pages : 255

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MARKET OVERVIEW 

The Global Sports Bra and Underwear represent a significant segment of the apparel market, characterized by functionality and the design of both athletic as well as daily activity attire. The industry caters to people looking for something that will give them either comfort or performance and brings with it a blend of both innovative materials and structural design to suit the various needs of the user. Consumer lifestyle is gradually moving towards adopting healthy lifestyles and being sporty. Demand for a specialized undergarment line will keep developing and changing. 

This market's foundation is built on addressing the intersection of fashion, technology, and practicality. Sports bras and underwear have become so much more than just supportive wear. Instead, they form part of the package of improving performance and comfort while moving around. Companies can now make greater claims than ever for products such as moisture-wicking fabrics, anti-microbial materials, and seamless designs. These features will appeal to athletes but also to persons who add wellness to their lifestyles. 

The Global Sports Bra and Underwear market varies in terms of consumer expectation. While comfort and durability are of prime importance, aesthetic appeal will also play a great role in the final decision of purchase. Trends in the future will be more inclusive with brands designing to fit diverse body types, sizes, and cultural preferences. This will most likely increase brand loyalty and reach a wider market because consumers will be more aligned with companies that place emphasis on representation and diversity.  

E-commerce will be the driving force in moving the market forward. Internet retailing will give consumers greater access and ease in browsing a wider choice and tailored recommendations. Virtual dressing rooms, augmented reality previews, and other technologies will transform the way that consumers interact with brands and make their purchasing decisions. The online world will also amplify the voice of consumers; feedback and reviews will build product offerings and brand reputations. 

Globalization will continue to influence this market significantly. While the Western markets are the ones dominating, Asia-Pacific, the Middle East, and Africa are expected to make a notable expansion. All these regions will provide opportunities to businesses in terms of the changing tastes and lifestyles created by urbanization and an increase in disposable income. Companies entering these regions will be able to tailor their approach to local preferences to ensure that products resonate with different consumer bases. 

The sustainability factor will increasingly be a critical determinant in the trajectory of the Global Sports Bra and Underwear market. As environmental awareness increases across the globe, consumers will demand products produced through ethical sourcing, waste-reducing manufacturing processes, and recyclable materials. Brands that adopt these practices and communicate their commitment transparently will set themselves apart in an increasingly competitive industry. 

The evolution of the Global Sports Bra and Underwear will continue adapting to changing needs, further advancements in technologies, as well as impacts from countries across the world. On that, innovations would play and be more into inclusiveness, with further sustainability approaches to keep abreast on modern choices and stay strong as a portion of all apparel choices. As long as the trends change these ways, performance-oriented undergarments become something worth viewing and purchasing for these consumers. 

Global Sports Bra and Underwear market is estimated to reach $19,303.3 Million by 2031; growing at a CAGR of 5.6% from 2024 to 2031.

GROWTH FACTORS 

With the rise in interest in fitness and sports activities, the performance-enhancing apparel market is highly in demand. These consumers are seeking clothes not only to assist them with their physical activities but also to be comfortable and practical. This is not only the demand of sports enthusiasts but of people who prefer versatile clothing that can be worn either for active or casual purposes. The popularity of athleisure- a mix between athletic and leisure shows how the trend in consumer behavior has shifted to this category. Today, people focus on practical, yet fashionable clothes that add to the staple in their wardrobes. 

The market, however, has to deal with various issues which can lead to a problem in growth. The one major concern is the massive competition among manufacturers, creating price wars. This competition can lower profit margins and make it challenging for businesses to distinguish their products. Moreover, low awareness in some regions or cultural inhibitions against performance-enhancing apparel can further limit the market. All these present a challenge to overcome through strategic marketing and education of the consumer. 

Despite these obstacles, advancement in textile science continues unlocking new avenues of expansion. For example, new products made with sweat-wicking qualities, odor-controlling products, and temperature-controlled clothes make performance apparel accessible and attractive to a larger customer audience. Such new inventions would increase the users' delight, hence a sense to spend more for premium merchandise that would provide answers and solutions to what is required. Firms concerned with such improvements would advance and be placed among top performers in the industry as time progresses. 

With growing demand for versatile and functional clothing, the market is in an excellent position to grow. Growth would be sustained only with challenges such as competition and regional adoption being overcome along with innovations in fabric technology. The future of performance-enhancing apparel holds great promises for manufacturers who are ready to adapt and innovate to meet the changing needs of consumers. By doing so, they can tap into a broader customer base and establish themselves as leaders in this dynamic industry. 

MARKET SEGMENTATION 

By Type  

The global market for sports bras and underwear in 2018 reached a high growth rate with a value of 10,171.3 million US dollars against the 2014 level of 8,315.3 million US dollars. This trend indicates growing demand for comfortable and functional activewear. The market value is supposed to be 14,904.4 million USD in 2025. From 2019, it has a compound annual growth rate of 5.6% from the years 2019 to 2025. This signifies a growing interest in sportswear and clothing, especially for physical activity due to the need for quality and utility in purchases. 

Other items like sports bras and undergarments are equally vital for support during exercise, as well as comfort and performance. The demand for these items has risen due to most people embracing active lifestyles and understanding the importance of having the right wear to engage in exercise. Those firms interested in this niche look to design items that could meet diverse requirements such as breathability, durability, and moisture-wicking features which ensure comfort while participating in intense activities. 

One of the major reasons that have increased the demand for sports-specific clothing has also been the rise in fitness and health awareness. Increasing participation of women in sporting and fitness activities is yet another factor that drives demand for sports bras due to the need for comfort as well as support while they engage in these activities. Another source to further enhance the attractiveness of these products has been innovative design and materials in seamless construction and advanced fabrics-giving both style and function. 

As the market expands, manufacturers are finding innovative ways to attract a wider range of customers. This includes offering a wide variety of sizes, colors, and designs to meet a different preference. It's no longer just about performance; it's also about keeping up with the current trend in fashion so that they can be worn beyond exercising. 

Especially in the sports underwear segment, these developments have been positively impacted by consumers' increasing demand for comfort and flexibility. The steady growth of this market is a good indicator of the need to cater to changing consumer requirements. With fitness and wellness trends remaining strong, sports bras and underwear are likely to continue growing as the innovation and commitment to enhancing the customer experience drive the industry. 

By Fabric Type  

By nature, markets are segmented types of fabric used, being cotton, polyester, nylon, spandex or elastane, bamboo fabric, as well as blended fabrics; all such types of fabric play the role of bridging varied consumer needs over different industrial lines. There is value in cotton about its softness, breathing ability, and versatility. Due to its comfort and natural property, it is commonly used in clothing, home textiles, and many other items that are used in daily life. 

On the other hand, Polyester is one material that is very widely used because it is very tough and can resist wrinkles as well as shrinkage. This synthetic textile is always in demand, especially activewear, outdoor gear, and home furnishing that can keep their form and may be frequently laundered, just like Nylon, which holds similar virtues: light-weight, powerfully strong and resistant to wear. Nylon is ideally suited for product lines involving sportswear, accessories, and even industrial. 

Spandex, or also known as elastane, is known for its good elasticity. This material can be blended with others that give stretch and flexibility properties, making it very apt for athletic wear, swimsuits, and underwear. Its ability to retain shape when used repeatedly and stretched provides a lot of appeal in fashion and function clothing. 

Another notable material is bamboo fabric, which has recently been popular. Its softness, and eco-friendly nature have brought it to the list as a material for the sustainability of fashion and home. Its moisture-wicking along with antibacterial properties allow using it for activewear as well as bedding. 

Blended fabrics are made from the combination of the benefits of different materials. These fabrics are meant to bring together the benefits of each individual component. For example, it brings the softness of cotton with the strength of polyester. This adaptability makes the blended fabrics suitable for a wide range of applications, from fashion to industrial textiles. 

By Distribution Channel  

The market is categorized on the basis of the channels, and this is crucial because these channels are essential to get products to the consumer through an effective way. It ranges from specialty stores to supermarkets and hypermarkets, departmental stores, electronic markets, and brand sites. All these serve the purposes differently and meet shoppers' preferences to make selections conveniently. 

Specialty stores focus on providing certain kinds of products and offer a customized shopping experience. Usually, they appeal to consumers who are in search of professional advice or unique products that cannot be found anywhere else. For example, specialty stores dealing in organic goods or luxury items offer a more curated and personalized selection. 

The Supermarkets and hypermarkets are usually characterized by having a range of products under one roof. Such places attract families, individuals, who prefer shopping to be as convenient and quick as possible, while doing it all in a single visit. They provide a broad range of customer appeal, thanks to low prices and often running offers, thus taking a massive share of the market. 

Departmental stores offer a combination of products, sometimes including apparel, home furnishings, and electronics along with groceries and other household goods. These types of stores are attractive to consumers who want variety and quality but prefer a more traditional shopping experience. 

E-commerce platforms have changed the face of the way people shop. Now it is possible to browse items and make purchases from within the comfort of their home. Such portals are great for those with hectic lifestyles or for whom accessing nearby stores is challenging. Easy returns, reviews, and detailed product descriptions make this mode of shopping trustworthy for many. 

Brand websites create another distribution layer in which the company can interact directly with its customers. They create brand loyalty because they give detailed information and exclusive offers, and their shopping experience is seamless. They are also a display platform where all products could be put without the hindrance of physical space. 

Each type of channel distribution has its own distinctive functions in addressing diverse customer needs; therefore, these products should be offered and made accessible to numerous clients. Besides making the whole shopping experience convenient for the customer, segmentation also opens channels for companies to enlarge the scope and strengthen market space. With these channels, companies will continue connecting with consumers meaningfully. 

By Application  

The global market for sports bras and underwear is divided into its applications to meet a broad range of needs and activities. This includes gym and fitness, outdoor activities like hiking and running, competitive sports, yoga and Pilates, and everyday casual use. Each of these areas demonstrates the intention behind these garments, being designed to suit specific tastes and needs, making them necessary for comfort, support, and functionality. 

For fitness and work-out lovers, the sports bra and underwear will be vital in helping out with its support as well as moisture wicking abilities. They are especially designed to cut down on comfort and to reduce movement, where one will have the freedom to concentrate on their work-outs without distraction. Outdoor activities such as hiking and running require the same features but benefit from designs that focus on breathability and durability, thereby withstanding various weather conditions and extended use. 

When it comes to competitive sports, things get rather more specific. The sportsman frequently requires high performance gear in which mobility will be boosted and strain lowered to perform strenuous practice sessions or matches. In this aspect, these apparel are tailor-made to follow the respective requirements of each sport in terms of performance. Equally important are yoga and Pilates, which have a strict need for the same requirements- flexibility and comfort- of apparel. In other words, attention is given to providing ample room to move around and to presenting soft and supportive materials while stretching and posing. 

Finally, there is a growing preference for sports bras and underwear in casual or everyday wear. This shows how versatile these products can be, combining practicality with style. Many find these garments comfortable and easy to wear, appreciating how they fit into one's daily routine while still offering benefits such as support and breathability. 

This segmentation by application underlines how diverse the market is and how it caters to the various needs of people around the world. For intense physical activity, for leisure, or just for the simple comfort of day-to-day activities, sports bras and underwear have become a necessary component of many people's lives. By addressing these unique applications, the market evolves to deliver products which are designed to meet various lifestyles and preferences. 

 

Report Coverage 

Details 

Forecast Period  

2024-2031 

Market Size in 2024 

$14,086.3 million 

Market Size by 2031 

$19,303.3 Million 

Growth Rate from 2024 to 2031 

5.6% 

Base Year 

2022 

Regions Covered 

North America, Europe, Asia-Pacific Green, South America, Middle East & Africa 

 

REGIONAL ANALYSIS 

The global Sports Bra and Underwear market is segmented into various regions. It indicates how the market is distributed around the world and offers valuable insights into regional trends and developments. North America remains the most significant in the sports bra and underwear market and is further divided into the United States, Canada, and Mexico. This region enjoys a matured retail infrastructure and considerable enthusiasm for fitness and activity. 

Europe represents a segmented market composed of countries including the United Kingdom, Germany, France, Italy, and Rest of Europe. In the region, this segment's growing concern over health and wellness, while involving more in sports activities, contributes to a highly positive demand for sports bras and underwear. Each of the nations in this segment also features distinct consumer preferences underlined by culture and the economy. 

Asia-Pacific is another highly important region, which includes India, China, Japan, South Korea, and the rest of Asia-Pacific. Its growth is mainly driven through rapid urbanization and the heightened awareness of the need to stay fit. Countries that are large in population-the most prominent being China and India-offer vast opportunities in this region as more citizens adopt fitness-oriented lifestyles. 

South America, which consists of Brazil, Argentina, and the Rest of South America, has shown a growing inclination toward sports and outdoor wear. With more and more consumers having disposable income to spare, the impact of worldwide fitness trends is increasing expenses on sports wear, sports bras, and underwear in this region. 

The Middle East & Africa has been segmented into GCC Countries, Egypt, South Africa, and the Rest of the Middle East & Africa. In this region, people are slowly moving toward active living. The government encourages active living through its initiatives for the promotion of sports and fitness. Although the market here is in its nascent stage, increasing awareness about health and fitness is boosting demand for sportswear products. 

The geographical segmentation of the Sports Bra and Underwear market points out different characteristics of various regions along with the scope of its potential. While there are some established markets such as North America and Europe, regions such as Asia-Pacific, South America, and Middle East & Africa are witnessing growth in the market.

COMPETITIVE PLAYERS 

The Sports Bra and Underwear industry has grown spectacularly over the years with numerous players contributing to its evolution and meeting the demand for consumers in various regions across the world. Leaders, such as Nike, Inc., Adidas AG, and Puma SE, are leading companies that have continually ensured the innovation of new designs and performance-oriented products, catering to athletes and enthusiasts of fitness by harmonizing style and functionality for comfort and support in any kind of physical activity. 

Under Armour, Inc. and Lululemon Athletica have both become famous for their use in making the product while prioritizing movement and flexibility. These companies are generally used in performance-enhanced apparel by employing advanced material and technologies for a good variety of consumers seeking quality active wear. The same approach applies to Hanesbrands Inc. and Jockey International, Inc., since both are committed to making good quality undergarments providing ultimate comfort. 

Athleta is a part of Gap Inc, and the company Triumph International has, through this strategic integration, made a place for its brand by not only using style but adding functionality too, so that one who loves style will be satisfied that it doesn't miss out in functionality. And Wacoal Holdings Corp. has managed to exist in this market because their product offers variety to people who choose basic to exquisite lingerie according to their mood and their requirement. 

The company's affordability and range of products ensure Decathlon Group remains popular for its dependable sports products, which can also be used for casual purposes. Spanx, Inc., along with Sweaty Betty Ltd., has introduced something fresh into the market-the message of body positivity and inclusion makes the products more accessible to a wider audience. Reebok International Ltd also managed to maintain their appropriateness with consistency products that reflect its quality as well as performance. Those companies, by working harder and harder have done nothing but enhance the world of Sports Bra and Underwear, maintaining aesthetic along with comfort and functionality in appropriate degrees. 

Staying tuned with customer needs and advancing their products, these brands are competing with each other as well as pushing the industry forward together, catering to a diverse audience that is both quality-conscious and innovation-driven in their choices. The influence of these key players brings out the fact that adaptability and creativity can make a difference in satisfying the changing preferences of consumers. 

Sports Bra and Underwear Market Key Segments: 

By Type 

  • Sports Bra 
  • Sports Underwear 

By Fabric Type 

  • Cotton 
  • Polyester 
  • Nylon 
  • Spandex/Elastane 
  • Bamboo Fabric 
  • Blended Fabrics 

By Distribution Channel 

  • Specialty Stores 
  • Supermarkets and Hypermarkets 
  • Departmental Stores 
  • E-commerce Platforms 
  • Brand Websites 

By Application 

  • Gym and Fitness 
  • Outdoor Activities (Hiking, Running, etc.) 
  • Competitive Sports 
  • Yoga and Pilates 
  • Casual/Everyday Wear 

Key Global Sports Bra and Underwear Industry Players 

WHAT REPORT PROVIDES 

  • Full in-depth analysis of the parent Industry 
  • Important changes in market and its dynamics 
  • Segmentation details of the market 
  • Former, on-going, and projected market analysis in terms of volume and value 
  • Assessment of niche industry developments 
  • Market share analysis 
  • Key strategies of major players 
  • Emerging segments and regional growth potential 

1. Market Introduction
1.1. Executive Summary
1.2. Market Definition
1.3. Market Scope
2. Research Methodology
2.1. Primary Research
2.2. Research Methodology
2.3. Assumptions & Exclusions
2.4. Secondary data sources
3. Sports Bra and Underwear Market Overview
3.1. Report Segmentation & Scope
3.2. Key Market Trend
3.3. Drivers
3.3.1. Growing participation in fitness and sports activities driving demand for performance-enhancing apparel.
3.3.2. Increasing consumer preference for athleisure and functional clothing in everyday wear.
3.4. Restraints
3.4.1. High competition leading to price wars and reduced profit margins for manufacturers.
3.4.2. Limited adoption in some regions due to lack of awareness or cultural factors.
3.5. Opportunity
3.5.1. Innovations in fabric technology, such as sweat-wicking and odor-control materials, expanding market potential.
3.6. Porter’s Five Forces Analysis
3.6.1. Porter’s Five Forces Analysis
3.7. Market Share Analysis
4. Type Overview
4.1. Introduction
4.1.1. Market Size & Forecast
4.2. Sports Bra
4.2.1. Market Size & Forecast
4.3. Sports Underwear
4.3.1. Market Size & Forecast
5. Fabric Type Overview
5.1. Introduction
5.1.1. Market Size & Forecast
5.2. Cotton
5.2.1. Market Size & Forecast
5.3. Polyester
5.3.1. Market Size & Forecast
5.4. Nylon
5.4.1. Market Size & Forecast
5.5. Spandex/Elastane
5.5.1. Market Size & Forecast
5.6. Bamboo Fabric
5.6.1. Market Size & Forecast
5.7. Blended Fabrics
5.7.1. Market Size & Forecast
6. Distribution Channel Overview
6.1. Introduction
6.1.1. Market Size & Forecast
6.2. Specialty Stores
6.2.1. Market Size & Forecast
6.3. Supermarkets and Hypermarkets
6.3.1. Market Size & Forecast
6.4. Departmental Stores
6.4.1. Market Size & Forecast
6.5. E-commerce Platforms
6.5.1. Market Size & Forecast
6.6. Brand Websites
6.6.1. Market Size & Forecast
7. Application Overview
7.1. Introduction
7.1.1. Market Size & Forecast
7.2. Gym and Fitness
7.2.1. Market Size & Forecast
7.3. Outdoor Activities (Hiking, Running, etc.)
7.3.1. Market Size & Forecast
7.4. Competitive Sports
7.4.1. Market Size & Forecast
7.5. Yoga and Pilates
7.5.1. Market Size & Forecast
7.6. Casual/Everyday Wear
7.6.1. Market Size & Forecast
8. Sports Bra and Underwear Market Regional Overview
8.1. Introduction
8.1.1. Market Size & Forecast
8.2. North America Sports Bra and Underwear Market
8.2.1. North America Market Size & Forecast, By Country
8.2.2. North America Market Size & Forecast, By Type
8.2.3. North America Market Size & Forecast, By Fabric Type
8.2.4. North America Market Size & Forecast, By Distribution Channel
8.2.5. North America Market Size & Forecast, By Application
8.2.6. U.S.
8.2.6.1. Market Size and Forecast
8.2.7. Canada
8.2.7.1. Market Size and Forecast
8.2.8. Mexico
8.2.8.1. Market Size and Forecast
8.3. Europe Sports Bra and Underwear Market
8.3.1. Europe Market Size & Forecast, By Country
8.3.2. Europe Market Size & Forecast, By Type
8.3.3. Europe Market Size & Forecast, By Fabric Type
8.3.4. Europe Market Size & Forecast, By Distribution Channel
8.3.5. Europe Market Size & Forecast, By Application
8.3.6. Germany
8.3.6.1. Market Size and Forecast
8.3.7. France
8.3.7.1. Market Size and Forecast
8.3.8. UK
8.3.8.1. Market Size and Forecast
8.3.9. Italy
8.3.9.1. Market Size and Forecast
8.3.10. Spain
8.3.10.1. Market Size and Forecast
8.3.11. Rest of Europe
8.3.11.1. Market Size and Forecast
8.4. Asia-Pacific Sports Bra and Underwear Market
8.4.1. Asia-Pacific Market Size & Forecast, By Country
8.4.2. Asia-Pacific Market Size & Forecast, By Type
8.4.3. Asia-Pacific Market Size & Forecast, By Fabric Type
8.4.4. Asia-Pacific Market Size & Forecast, By Distribution Channel
8.4.5. Asia-Pacific Market Size & Forecast, By Application
8.4.6. China
8.4.6.1. Market Size and Forecast
8.4.7. Japan
8.4.7.1. Market Size and Forecast
8.4.8. India
8.4.8.1. Market Size and Forecast
8.4.9. South Korea
8.4.9.1. Market Size and Forecast
8.4.10. Australia
8.4.10.1. Market Size and Forecast
8.4.11. South East Asia
8.4.11.1. Market Size and Forecast
8.4.12. Rest of Asia-Pacific
8.4.12.1. Market Size and Forecast
8.5. South America Sports Bra and Underwear Market
8.5.1. South America Market Size & Forecast, By Country
8.5.2. South America Market Size & Forecast, By Type
8.5.3. South America Market Size & Forecast, By Fabric Type
8.5.4. South America Market Size & Forecast, By Distribution Channel
8.5.5. South America Market Size & Forecast, By Application
8.5.6. Brazil
8.5.6.1. Market Size and Forecast
8.5.7. Argentina
8.5.7.1. Market Size and Forecast
8.5.8. Rest of South America
8.5.8.1. Market Size and Forecast
8.6. Middle East & Africa Sports Bra and Underwear Market
8.6.1. Middle East & Africa Market Size & Forecast, By Country
8.6.2. Middle East & Africa Market Size & Forecast, By Type
8.6.3. Middle East & Africa Market Size & Forecast, By Fabric Type
8.6.4. Middle East & Africa Market Size & Forecast, By Distribution Channel
8.6.5. Middle East & Africa Market Size & Forecast, By Application
8.6.6. GCC Countries
8.6.6.1. Market Size and Forecast
8.6.7. UAE
8.6.7.1. Market Size and Forecast
8.6.8. Saudi Arabia
8.6.8.1. Market Size and Forecast
8.6.9. South Africa
8.6.9.1. Market Size and Forecast
8.6.10. Rest of Middle East & Africa
8.6.10.1. Market Size and Forecast
9. Company Profile
9.1. Nike, Inc.
9.1.1. Company Basic Information, Manufacturing Base, Sales Area and Its Competitors
9.1.2. Nike, Inc. Product Category, Application, and Specification
9.1.3. Nike, Inc. Financial Performance (2020-2022)
9.1.4. Main Business/Business Overview
9.2. Adidas AG
9.3. Puma SE
9.4. Under Armour, Inc.
9.5. Lululemon Athletica
9.6. Hanesbrands Inc.
9.7. Jockey International, Inc.
9.8. Gap Inc. (Athleta)
9.9. Triumph International
9.10. Wacoal Holdings Corp.
9.11. Victoria's Secret & Co.
9.12. Decathlon Group
9.13. Spanx, Inc.
9.14. Sweaty Betty Ltd.
9.15. Reebok International Ltd.

  • Nike, Inc.
  • Adidas AG
  • Puma SE
  • Under Armour, Inc.
  • Lululemon Athletica
  • Hanesbrands Inc.
  • Jockey International, Inc.
  • Gap Inc. (Athleta)
  • Triumph International
  • Wacoal Holdings Corp.
  • Victoria's Secret & Co.
  • Decathlon Group
  • Spanx, Inc.
  • Sweaty Betty Ltd.
  • Reebok International Ltd.

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Frequently Asked Questions

Global Sports Bra and Underwear market is valued at $14,086.3 million in 2024.
Global Sports Bra and Underwear market is estimated to grow with a CAGR of 5.6% from 2024 to 2031.
Global Sports Bra and Underwear market is estimated to reach $19,303.3 million by 2031.
Top players operating in the Sports Bra and Underwear industry includes Nike, Inc., Adidas AG, Puma SE, Under Armour, Inc., Lululemon Athletica, Hanes