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  • 04
    Feb
    2022

    StockX to Create NFTs Tied to Sneakers

    Article From:Front Office Sports StockX, an online sneaker and streetwear reseller, is planning to launch a service allowing consumers to buy and sell NFTs that are linked to physical sneakers from major sports brands. Known for selling g...

  • 03
    Feb
    2022

    Decathlon Germany tests CO2-friendly same-day delivery

    Article From:SGI Europe The sporting goods retailer and manufacturer Decathlon is testing the expansion of sustainable services in Germany. In Munich, a pilot project has been set up in collaboration with Glocally, a logistics company fou...

  • 25
    Jan
    2022

    GOA Report: 2021 Growth At Specialty Independent Outdoor Retail

    Article From:SGB Media Grassroots Outdoor Alliance (GOA) released sales data showing an uptick in holiday season sales and a record-setting two years of sales increases. In comparison to 2020, GOA member retailers were up +29 percent year...

  • 24
    Jan
    2022

    Peloton Looks to Restructure After Nightmare 2021

    Article From:Front Office Sports Change is coming to Peloton after a brutal 2021. The at-home fitness giant is bringing in consulting firm McKinsey Co. to evaluate its cost structure and potentially eliminate jobs. Job cuts were reportedl...

  • 23
    Jan
    2022

    Apple, Meta Compete For Top Fitness Tech, VR Talent

    Article From:Front Office Sports As Apple and Meta continue to make significant investments within the wellness and fitness spaces, retaining top talent has become imperative and competitive. Apple, which recently unveiled its Series 7 wa...

  • 22
    Jan
    2022

    Snowy winter supports sporting goods sales in Russia

    Article From:SGI Europe In some Russian regions, consumer activity in the sporting goods market has nearly doubled thanks to snowy winter conditions during the current winter season. It has been particularly strong over the online channel...

  • 21
    Jan
    2022

    FESI criticizes the European Parliament’s action against online fakes

    Article From:SGI Europe FESI, the European Federation of the Sporting Goods Industry, had already expressed mixed feelings last month about a report issued by a committee of the European Parliament about the European Unions proposals for...

  • 20
    Jan
    2022

    361 Degrees Sees High-Teens Growth In Fourth Quarter

    Article From:SGB Media 361 Degrees International, Ltd. reported retail sales of 361 core branded products for the fourth quarter of 2021 recorded high-teens growth compared to the same period of 2020. Retail Sales Performance of its kids...

  • 18
    Jan
    2022

    Amer Sports Divests Suunto To Liesheng

    Article From:SGB Media Amer Sports has reached an agreement to divest Suunto to Liesheng, a Chinese technology company focusing on the smart and sports wearables electronics segment. Amer Sports said its strategy is to focus on developing...

  • 17
    Jan
    2022

    NMMA Report: U.S. Boating Boom Continues With Record 2021 Sales

    Article From:SGB Media The National Marine Manufacturers Association (NMMA) announced that U.S. new powerboat retail unit sales are expected to surpass 300,000 units for the second consecutive year, closing 2021 an estimated 4-to-6 percen...

  • 16
    Jan
    2022

    Peloton Steps Deeper Into Footwear

    Article From:Front Office Sports Peloton is expanding its footprint literally. The fitness company known for its at-home treadmills and bikes unveiled its second pair of cycling shoes today. The Altos, which retail for $145, are designed...

  • 15
    Jan
    2022

    Garmin Reports Last Year’s Top Fitness Activities

    Article From:Front Office Sports Garmins 2021 connected fitness report has provided insight into how consumers have stayed active amid a global pandemic. From data collected through smartwatches, Garmin saw the number of indoor activities...

  • 12
    Jan
    2022

    Chinese domestic brands show strong performance in Q3 2021: NPD

    Article From:Fibre2Fashion Chinese consumers strongly preferred domestic brands last year and the number of domestic brands among the top 10 rose from four in the third quarter (Q3) of 2020 to six in Q3 last year. Product sales of Chinas...

  • 11
    Jan
    2022

    More policy measures needed to expand China's domestic demand: Experts

    Article From:Fibre 2 Fashion More policy measures to expand domestic demand are needed to strengthen Chinas economic recovery that gained momentum in December as signs of souring exports and employment situation emerge, according to exper...

  • 10
    Jan
    2022

    Smart Contact Lens Startup Partners With Adidas And Other Sports Brands

    Article From:SGB Media Augmented reality contact lens developer Mojo Vision has partnered with Adidas and several other fitness brands to bring its data-tracking eye lens into the consumer market. The company also announced $45 million in...

  • 09
    Jan
    2022

    Adidas x Prada Create First Ready-To-Wear Collection Using Re-Nylon

    Article From:SGB Media Adidas and Prada announced a forward-move to their existing collaboration, adding a clothing collection focused on sustainability using the Italian luxury labels Re-Nylon material. Scheduled to Launch on January 13,...

  • 08
    Jan
    2022

    Lululemon Hit Hard By Omicron

    Article From:Front Office Sports Lululemon released preliminary earnings for its fiscal fourth quarter ending Jan. 31 and expects net revenue to be on the lower end of its previous guidance between $2.125 billion and $2.165 billion. CEO C...

  • 08
    Jan
    2022

    Retail Import Growth Levels Out But Volume Remains High

    Article From:SGB Media After a year of unprecedented increases, imports at the nations major retail container ports are expected to return to normal growth rates in 2022, but volumes will remain high, according to the monthly Global Port...

  • 07
    Jan
    2022

    Peloton Plunges in Google Search Trends

    Article From:Front Office Sports Peloton is ending the year on an ominous note, if the tale told by Google search volume is to be believed. U.S. search trends for Peloton show a 30% year-over-year drop in the fourth quarter of this year....

  • 06
    Jan
    2022

    Omni-channel retailing dominates for sporting goods in Switzerland

    Article From:SGI Europe Swiss consumers are shopping more than before online, but they still prefer to buy most kinds of products in the physical stores, according to a study commissioned by the Swiss Retail Federation to Oliver Wyman, wh...

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