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  • 07
    Nov
    2020

    Peloton’s Q1 Sales Surge 232 Percent

    Article From:SGB Media Peloton Interactive Inc. reported total revenue grew 232 percent in the first quarter ended September 30 to $757.9 million, exceeding Wall Streets consensus target of $748.1 million. The company lifted its sales out...

  • 06
    Nov
    2020

    NPD Report: U.S. Footwear Sales To Stabilize, Bounce Back In 2021

    Article From:SGB Media Lifestyle changes and consumer behavior shifts in 2020 due to COVID-19 drove year-over-year sales declines for the U.S footwear industry, but trends are expected to stabilize and recover through 2021, according to N...

  • 05
    Nov
    2020

    Amazon posts 37% higher sales, net profit triples

    Article From:SGI Europe Amazon said that its sales in the third quarter grew by 37 percent to $96.1 billion. They were boosted by booming online transactions during the coronavirus crisis worldwide, which prevented or discouraged shoppers...

  • 04
    Nov
    2020

    More firms switch to rail to send goods to and from China, but….

    Article From:SGI Europe A train loaded with Lenzing fibers, which left Vienna, Austria, on Aug. 20, reached its destination, the Xinzhu station in Xian, China, after only 16 days. The train, which carried 41 containers of Tencel Lyocell a...

  • 03
    Nov
    2020

    Bad timing for the new lockdowns in Europe

    Article From:SGI Europe More and more European governments are following the example of the Republic of Ireland, which ordered a six-week lockdown on the sale of non-essential goods at physical stores on Oct. 21 to help stem the second wa...

  • 30
    Oct
    2020

    Reports: Adidas Exploring Sale Of Reebok

    Article From:SGB Media Adidas is exploring a sale of its Reebok division, according to reports in Germanys Manager Magazin and Bloomberg. A source familiar with the matter told Bloomberg the internal review is in the early stages with a d...

  • 30
    Oct
    2020

    China Sport Show 2020 ended successfully

    On September 30, 2020 China International Sporting Goods Show (hereinafter referred to as China Sport Show 2020) was successfully concluded at the National Convention and Exhibition Center (Shanghai). During the two and a half days of the e...

  • 29
    Oct
    2020

    IHRSA And Medical Fitness Association Establish Partnership

    Article From:SGB Media The International Health, Racquet Sportsclub Association (IHRSA) and the Medical Fitness Association (MFA) have formed a strategic partnership with a common goal of promoting exercise as a primary prevention tool an...

  • 28
    Oct
    2020

    Posted by SGB Media | Oct 26, 2020 | Apparel, Footwear, Outdoor, SGB Updates, Update

    Article From:SGB Media ISPO Munichs 2021 show will take place February 1 to 5, completely online due to the coronavirus. In close cooperation with the branch and with consideration for the current development of the coronavirus, Messe Mnc...

  • 27
    Oct
    2020

    Analysis: The 10 major European sports retailers online

    Article From:SGI Europe The online retail business in the sporting goods sector has been growing stronger and stronger in recent years, and it has been accelerating during and after the first wave of the coronavirus pandemic. New business...

  • 26
    Oct
    2020

    Technogym wants home fitness to generate half of €1 bn in sales

    Article From:SGI Europe In reporting a 53 percent increase to 98 million in its home fitness segment for the first nine months of this year, Technogym said that its board of directors has approved a new three-year business plan, called Te...

  • 22
    Oct
    2020

    Outdoor + Snow Show Shifts To Virtual Event

    Article From:SGB Media Outdoor Retailer announced the launch of its Outdoor Retailer Winter Online show, replacing the Outdoor + Snow Show in-person show, originally scheduled for January 27-29, 2021, at the Colorado Convention Center in...

  • 22
    Oct
    2020

    Nautilus Announces Sale Of Octane Fitness

    Article From:SGB Media Nautilus Inc. announced that the company has completed the sale of its commercially focused Octane Fitness business to True Fitness Technology Inc. for $25.0 million. True also assumed $3 million of warranty liabili...

  • 21
    Oct
    2020

    Icon Sues Peloton, Claiming Patent Infringement

    Article From:SGB Media Icon Health Fitness Inc. filed a lawsuit in the U.S. District Court for the District of Delaware against Peloton, charging an automatically controlled resistance feature on Pelotons Bike+, which Peloton calls Auto F...

  • 20
    Oct
    2020

    Amazon Breaks $3.5 Billion In Third-Party Prime Day Sales

    Article From:SGB Media Amazon said third-party sellers surpassed $3.5 billion in sales on Prime Day, a nearly 60 percent year-over-year increase, growing even more than Amazons retail business. Prime members saved more than $1.4 billion d...

  • 19
    Oct
    2020

    IHRSA Forms Medical, Science And Health Advisory Council

    Article From:SGB Media IHRSA, the International Health, Racquet Sportsclub Association, has formed a Medical, Science and Health Advisory Council. The council will advise and support IHRSAs Executive Staff and Board of Directors on curren...

  • 18
    Oct
    2020

    Deloitte Predicts 7 Percent Drop In Holiday Spending

    Article From:SGB Media Amid continued COVID-19 anxiety, shoppers plan to spend cautiously this holiday season, averaging $1,387 per household, down 7 percent from 2019, according to Deloittes holiday forecast. Other key findings from the...

  • 05
    Sep
    2020

    Li Ning Sees Modest Sales Decline In First Half

    Article From:SGB Media Li Ning reported profits on an adjusted basis grew in the first half while revenues only showed a slight decline despite the impact of COVID-19. On a comparative basis (excluding the one-off profit and loss not rela...

  • 04
    Sep
    2020

    361 Degrees Sees Revenues Slump 17 Percent In First Half

    Article From:SGB Media 361 Degrees International Limited, the sporting goods firm based in Hong Kong, reported revenues in the first half of 2020 fell by 17.0 percent to 2,686.1 million. Due to the impact of COVID-19 in the first half of...

  • 03
    Sep
    2020

    Anta Group’s First-Half Revenues Slide 1 Percent

    Article From:SGB Media Anta Group reported first-half revenue fell slightly by 1 percent over the same period last year to 14.669 billion. Revenue of the Anta brand was 6.777 billion, down by 10.7 percent, and revenue of the Fila brand re...

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