Article From:SGB Media The Distance Measuring Device (DMD) category declined in 2022, with total U.S. market revenues of nearly $180 million and remains more significant than hybrid clubs and slightly smaller than putters, according to Go...
Article From:SGB Media Ebay, Inc., which has recently doubled down on the sports and active lifestyle market, said it exceeded expectations on all key metrics while investing in sustainable growth in the second quarter, with mid-single-di...
Article From:Front Office Sports Sports apparel giant Nike has launched Nike Studios as the brand jumpstarts its in-person fitness presence with a new group training concept. The first two planned Nike Studios are planned to open in South...
Article From:SGB Media In the U.S., sales revenue for tennis apparel increased by 15 percent in the 12 months ended June 2023 versus the prior year and are up 38 percent versus three years ago, according to Circana. Tennis shoe sales grew...
Article From:SGB Media Results from the RV Industry Associations (RVIA) June 2023 survey of manufacturers found that total RV shipments ended the month with 24,095 units, a decrease of 46.4 percent compared to the 44,942 units shipped in...
Article From:SGI Europe Fashion for Good has launched a new pilot with brand partners, including Adidas and footwear recycling innovator FastFeetGrinded, to test and validate footwear recycling processes and to support the uptake of recyc...
Article From:SGB Media The Federation of the European Sporting Goods Industry (FESI) completed its annual market research of sell-in data for ski products, comprehensively evaluating the ski markets evolution. FESI, representing 25 leadin...
Article From:SGB Media U.S. trade activity in the second quarter rebounded from its recent slump, but the recovery may be short-lived as global trade volumes continued their decline. Transaction volumes across U.S. supply chains grew at t...
Article From:Sports-insight As Wimbledon drew to a close on Sunday with 15 million people watching Carlos Alcaraz defeat Novak Djokovic, the UK is seeing a major shift in the demand growth for racket sports, new data from e-commerce accel...
Article From:Sports-insight ukactive and Nike have today (20 July) announced the launch of the third annual Open Doors programme, helping more children and young people to enjoy an active summer. In March, following two years of Open Door...
Article From:SGB Media A study from Les Mills, Gen Z Fitness: Cracking the Code, found that 36 percent of the Gen Z generation exercise regularly and 50 percent, identified as the untapped market. want to work out regularly but said they...
Article From:SGB Media The Federation of European Sporting Goods Industry (FESI), representing the sporting goods sector in Europe, said this week that it welcomes the adoption by the European Parliament of the report on the European Sust...
Article From:SGB Media Following a record increase in participation in 2020, Americans continue to find enjoyment, companionship, and peace of mind on the water, according to data from the Recreational Boating Fishing Foundations (RBFF) 2...
Article From:SGB Media Grassroots Outdoor Alliance (GOA) reported that specialty retail has had a strong year-to-date for 2023 as more than half of Grassroots retailers met or exceeded 2022 growth. At the same time, approximately 50 perce...
Article From:SGB Media Shoe store visits quickly bounced back following the first days of the pandemic when restrictions all but sidelined retail foot traffic. In an era dominated by e-commerce, its likely that persistent demand for brick...
Article From:SGB Media Unit sales of tennis racquets in specialty tennis stores dropped by 7 percent in the first quarter of 2023 compared to the same period a year ago, reported Sports Marketing Surveys USA (SMS). Despite this, the marke...
Article From:SGB Media The Deforestation-Free Call to Action for Leather asks brands to commit to sourcing their bovine leather from deforestation/conversion-free supply chains by 2030 or earlier. Co-led by Textile Exchange and the Leathe...
Article From:SGB Media Deloittes inaugural study, 2023 Sports Fan Insights: The Beginning Of The Immersive Sports Era, found that despite concerns over past pandemic-driven closures of live sporting events, todays sports fans remain stron...
Article From:SGI Europe Brands that sponsor the Ladies Professional Golf Association (LPGA) are gaining up to a 400 percent return on their investment, according to a report from global sports and entertainment intelligence platform Spons...
Article From:SGB Media The $8.8 billion handbag market in the U.S. faces a generational dilemmayounger women are less likely than the older demographic to buy and carry a handbag. More than 60 percent of women ages 35 and older reported t...
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