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  • 25
    Oct
    2022

    The North Face To Open 70-Plus Stores In North America

    Article From:SGB Media The North Face plans to open more than 70 stores in North America and up to 300 additional retail and partner locations globally over the next five years. The North Face also said it plans to continue transforming e...

  • 24
    Oct
    2022

    NPD Group Report: U.S. Footwear Q3 Sales Flat

    Article From:SGB Media According to the NPD Group, in third quarter 2022, U.S. footwear sales revenue was flat at $10.8 billion versus Q3 2021. It further noted that gains in fashion footwear offset declines in performance footwear. Accor...

  • 20
    Oct
    2022

    Nike Adds New Restrictions For Resellers

    Article From:SGB Media Nike has added new terms and conditions to prevent resellers from purchasing footwear and reselling it on the secondary market to monitor sneaker-buying bots. As the Wall Street Journal first reported, Nike said it...

  • 19
    Oct
    2022

    Nike Once Again Tops Piper Sandler’s Teen Survey

    Article From:SGB Media Nike remains the No. 1 brand for teens in apparel (31 percent) and footwear (60 percent ), according to Piper Sandlers 44th Semi-Annual Generation Z survey. Lululemon, Converse, Crocs, and Hey Dude also gained tract...

  • 18
    Oct
    2022

    Expanding Vuori Eyes Lululemon, Nike in $546B Activewear Market

    Article From:Front Office Sports Activewear brand Vuori continues to expand as it aims to compete with giants in the industry including Nike and Lululemon. Vuori which has thrived as an online retailer and is backed by Japanese investment...

  • 17
    Oct
    2022

    Netflix Adds 2.4M Subscribers, Spotlights Sports Content

    Article From:Front Office Sports Netflix reversed its subscriber slide and is now showing off its sports content library with its third-quarter earnings release. The streaming leader brought in 2.4 million subscribers to reach 223 million...

  • 12
    Oct
    2022

    August RV Shipments Slide

    Article From:SGB Media Results from the RV Industry Associations August 2022 survey of manufacturers found that total RV shipments ended the month with 33,783 units shipped, a decrease of 36.0 percent compared to the 52,819 units shipped i...

  • 11
    Oct
    2022

    U.S. Golf Rounds See Third Straight Positive Month In August

    Article From:SGB Media Golf Datatechs National Rounds Played Report for August 2022 showed that U.S. rounds were up 3.9 percent in the month but still down 2.6 percent year-to-date, year-over-year. By region for the month of August, the ga...

  • 10
    Oct
    2022

    Nike Launches Connected Partnerships With JD Sports And Zalando

    Article From:SGB Media Nike has selected JD Sports And Zalando as its first European partners for its Connected Partnership loyalty program, enabling its customers to access Nike member products and experiences. The Connected Partnership l...

  • 09
    Oct
    2022

    NPD Survey: Economy Concerns Weigh On Holiday Spending

    Article From:SGB Media NPD, which recently merged with Information Resources, Inc. (IRI), reported that 29 percent of U.S. consumers would spend less this holiday season due to increased economic negativity and personal finances, following...

  • 08
    Oct
    2022

    NRF Report: Consumers Continue To Spend Despite Inflationary Worries

    Article From:SGB Media Consumers continue to worry about high inflation and the Federal Reserve interest rate hikes intended to bring inflation down, but neither has stopped them from spending, according to the National Retail Federation C...

  • 07
    Oct
    2022

    Peloton Cuts 500 More Jobs to ‘Save’ Company

    Article From:Front Office Sports Peloton continues to ride an uncharted path. On Thursday, the company announced 500 layoffs its fourth round of cuts this year. The same day, The Wall Street Journal reported that CEO Barry McCarthy said th...

  • 07
    Oct
    2022

    Nike Shares Fall As Inventory Levels Skyrocket

    Article From:Front Office Sports Nike reported a 4% increase in first-quarter revenue to $12.69 billion, beating analysts estimates of $12.27 billion. But Nikes net income dropped 22% year-over-year to $1.5 billion, and the companys stock...

  • 06
    Oct
    2022

    Lululemon Takes Fitness to Whole New Platform

    Article From:Front Office Sports Lululemon is strengthening its reach with the launch of a new fitness platform and membership program. The Lululemon Studio Membership, which requires the Lululemon Studio Mirror, will cost $39 per month an...

  • 01
    Oct
    2022

    E-com to be 19% of 2022 global retail sales, reach 25% by 2027: GroupM

    Article From:Fibre2Fashion E-commerce will make up 19 per cent of global retail sales this year, growing to 25 per cent by 2027, New York-based media investment company GroupM estimates. Twenty of the top e-commerce companies accounted fo...

  • 30
    Sep
    2022

    Peloton Unveils Highly Anticipated Rowing Machine

    Article From:Front Office Sports Peloton launched its much-anticipated rowing machine as it seeks to reverse a long-term slide. The Peloton Row, which starts at $3,195, is available for preorder with deliveries slated to begin in December...

  • 29
    Sep
    2022

    Outdoor Participation Grows To Record Levels

    Article From:SGB Media According to Outdoor Foundations 2022 Outdoor Participation Trends Report more than half (54 percent) of Americans ages six and over participated in at least one outdoor activity in 2021, and the outdoor recreation...

  • 28
    Sep
    2022

    Report: High School Sports Participation Declines Over After Pandemic

    Article From:SGB Media In its first high school sports participation survey in three years, the National Federation of State High School Associations (NFHS) reported a total of 7,618,054 participants in high school sports for 2021/22, dow...

  • 20
    Sep
    2022

    Peloton Expands Rental Program Across the U.S.

    Article From:SGB Media Peloton announced the national expansion of its rental program, which kicked off in select test markets earlier this year. The program allows consumers interested but who have yet to purchase the opportunity to rent...

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