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  • 20
    Nov
    2023

    Global trade deterioration continues: S&P Global Market Intelligence

    Article From:Fibre2Fashion Global trade deteriorated for the twentieth successive month in October this year, worldwide purchasing managers index (PMI) surveys compiled by SP Global Market Intelligence indicated. Fall in goods demand rema...

  • 16
    Nov
    2023

    Xponential Fitness Ups Full-Year Guidance on YTD Performance

    Article From:SGB Media Xponential Fitness, Inc. reported third-quarter total revenue increased 26 percent to $80.4 million, up from $63.8 million in the prior-year period. This increase included a corresponding North America same-store sa...

  • 16
    Nov
    2023

    China's fitness equipment boom index increased in Q2

    Chinas Sports and Fitness Equipment Market Prosperity Index (abbreviated as SEI) was 56.82 in the second quarter of 2023, up 13.29 from the previous quarter.The SEI level rebounded to the expansion zone, with market demand stabilizingand pic...

  • 15
    Nov
    2023

    Adidas Ekes Out Growth in Q3 on Gains in all Regions Except North America

    Article From:SGB Media Adidas posted a 1 percent increase in currency-neutral (c-n) revenues in the third quarter of 2023. The company said the top-line development reflected the companys conservative sell-in approach aimed at reducing hi...

  • 15
    Nov
    2023

    Huge potential market for outdoor products in China

    Outdoor sports are becoming increasingly popular in the Chinese market. In 2022 and the first half of 2023,camping, rafting, skiing, hiking, and catching the sea have been steadily ranked in the top 5 of the hot search list of outdoor activi...

  • 14
    Nov
    2023

    Planet Fitness Sees 8.4 Percent System-Wide Comp Growth

    Article From:SGB Media Planet Fitness, Inc. reported net earnings jumped 45.3 percent in the third quarter ended September 30 as total revenue grew 13.6 percent and system-wide same-store sales increased by 8.4 percent. Im honored to serv...

  • 13
    Nov
    2023

    82% of US shoppers to buy online in 2023: Survey

    Article From:fibre2fashion The number of consumers in the US planning to do at least some of their holiday shopping online rose to 82 per cent in 2023, as per a survey. Overall, consumers plan to do more of their holiday shopping online t...

  • 13
    Nov
    2023

    China's sports market accelerates expansion; China Sport Show builds a communication bridge

    Data from iiMedia Research indicates that from 2010 to 2024, Chinas fitness equipment market size and forecast show that in 2022, the market scale of Chinas fitness equipment reached 62.85 billion Yuan, and it is expected to reach 79.96 bill...

  • 10
    Nov
    2023

    Australia's The Woolmark Company urges clarity in fashion labelling

    Article From:fibre2fashion Australias The Woolmark Company has launched the Filter by Fabric initiative to end the confusion caused by ambiguous terms, urging all fashion brands, retailers, publishers, and content creators to commit to cl...

  • 10
    Nov
    2023

    U.S. Consumer Confidence Drops for Third Consecutive Month

    Article From:SGB Media U.S. consumer confidence declined for a third straight month in October amid persistent worries about inflation, higher borrowing costs and the political environment, according to the Conference Boards Consumer Conf...

  • 09
    Nov
    2023

    Bangladesh's Customs Act 2023 allows foreign currency floating rates

    Article From:fibre2fashion Bangladeshs new Customs Act 2023 recognises floating rates of foreign currencies and imposes a 10 per cent penal tax in case of delays in releasing goods from ports that affect businesses. Under the floating exc...

  • 08
    Nov
    2023

    Garmin Lifts Outlook On Q3 Beat

    Article From:SGB Media Garmin, Ltd. raised its guidance for the year as third-quarter results topped expectations. Among segments, fitness sales grew 26 and Outdoor advanced 7 percent while Marine declined 7 percent. Highlights for the th...

  • 06
    Nov
    2023

    American firm VF Corporation posts revenue of $3 bn in Q2 FY24

    Article From:fibre2fashion VF Corporation, a leading US-based company in branded lifestyle apparel and footwear, has reported its second-quarter fiscal 2024 (Q2 FY24) results, with overall revenue standing at $3 billion, a 2 per cent decl...

  • 06
    Nov
    2023

    E-commerce set to claim 41% of global retail sales by 2027

    Article From:fibre2fashion After a surge in online sales during the pandemic, retail and consumer packaged goods (CPG) companies saw a slowdown in 2022. However, e-commerce is projected to make up 41 per cent of global retail sales by 202...

  • 04
    Nov
    2023

    Sustainable fashion and sportswear must be high on the political agenda

    Article From:sports-insight Three University of Manchester academics who specialise in fashion and textiles have criticised the Government for failing to take action to boost sustainability in the UK fashion and sportswear industries. In...

  • 03
    Nov
    2023

    China Sport Show: The New Direction of China’s Sports Goods Industry

    According to statistics from the General Administration of Customs, the total export value of sports goods and equipment in 2022 reached 17.669 billion yuan, surpassing the total export value of 15.812 billion US dollars in 2020. In the firs...

  • 02
    Nov
    2023

    Nike Wants Employees Back in Office More Days in 2024

    Article From:SGB Media Nike employees must work in the office four days a week starting January 2024. Since May 2022, Nike has required office attendance three days a week. In a media statement, Nike cited the benefits of face-to-face col...

  • 01
    Nov
    2023

    Instagram has highest media impact value in the fashion, lifestyle and beauty industries

    Article From:Sgieurope Amidst a rapidly evolving social media landscape, Instagram reigns as the top platform for brand amplification in the fashion, lifestyle, and beauty industries, according to a new data report from Launchmetrics in c...

  • 01
    Nov
    2023

    KOA Survey: More Than Half of Campers Have Booked Trips for 2024

    Article From:SGB Media Kampgrounds of America Inc.s (KOA) October Research Report found that 51 percent of campers booked at least one trip for 2024 compared to 13 percent of leisure travelers who have pre-booked their 2024 travel plans....

  • 31
    Oct
    2023

    Report: Golf Apparel Sales Decline for Third Straight Month in September

    Article From:SGB Media Golf Datatech (GDT) reported that golf apparel sales were down in on-and off-course specialty stores for the third consecutive month in September, falling 3.7 percent after declining 3.5 percent in August and a 3.6...

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