Article From:Fibre2Fashion In July 2022, online prices decreased 1 per cent year-on-year after increasing 0.3 per cent year-on-year in June and 2 per cent year-on-year in Mayand dropped 2 per cent on a monthly basis. July is the first mon...
Article From:Fibre2Fashion Prices for clothing and footwear items in the United Kingdom fell by 1.5 per cent between June and July this year compared with a larger fall of 2 per cent during the same months last year. Prices have risen by...
Article From:fibre2fashion Chinas Hebei province in the north earned around 313.46 billion yuan (approximately $46 billion) from foreign trade in the first seven months of 2022. The amount reflected a 3.3 per cent year-on-year increase, a...
Article From:SGB MEDIA Li Ning Company, Ltd. reported net income grew 11.6 percent in the half ended June 30 on a 21.7 percent revenue gain. The improvement came despite the impact of repeated outbreaks of the COVID-19 pandemic and signif...
Article From:fibre2fashion Chinas value-added industrial output went up by 3.8 per cent year on year (YoY) in July and 0.38 per cent over the June figure. The countrys retail sales of consumer goods rose by 2.7 per cent YoY last month. Ot...
Article From:fibre2fashion In the second quarter (Q2) of 2022, seasonally adjusted GDP increased by 0.6 per cent both in the euro area and in the EU, compared with the previous quarter, according to a flash estimate published by Eurostat,...
Article From:SGB Media In the second quarter of 2022, U.S. footwear industry sales revenue was $10.7 billion, a decline of 4 percent versus Q2 2021, according to The NPD Group. Among segments, Leisure sales were down 11 percent to $4.8 bi...
Article From:SGB Media U.S. judge on Thursday ruled that Peloton Interactive, Inc. must face a proposed class action lawsuit accusing the bike and treadmill maker of misleading customers about the ever-growing size of its library of on-de...
Article From:Front Office Sports Peloton CEO Barry McCarthy wrote in a letter to employees Friday that the interactive fitness company is making the hard choices that will lead to the elimination of 784 jobs, a major reduction of its reta...
Article From:Front Office Sports The worlds second-largest economy has seen a major cycling boom as pandemic-related gym closures continue and people avoid crowds. Chinas cycling market is expected to reach $16.5 billion by 2026, accordin...
Article From:Front Office Sports Puma will discuss solutions for some of the fashion industrys most pressing sustainability challenges such as waste, materials and climate change at a global event on September 6. Ahead of the event, Puma...
Article From:SGI Europe The international fitness industry is male-dominated, and leadership positions are mainly held by men. This is the conclusion of a study conducted by Sport Alliance and Women in Fitness Association (WIFA). A total...
Article From:SGI Europe Tennis is apparently becoming increasingly popular in South Korea. This is reported by Korea Jong daily. The market in Korea reached approximately 250 billion won (190 million) last year, with around 500,000 people...
Article From:Front Office Sports The womens European Championship that ended on July 31 set attendance and viewership records for womens soccer but those arent the only historic figures the game produced. Fanatics, which sold official mer...
Article From:SGB Media Kampgrounds of America (KOA) believes camping will continue to be popular even during volatile economic times. In the July edition of KOAs Monthly Research Report, the camping industry giant forecasted that 15.93 mi...
Article From:SGB Media PepsiCo announced a $550 million investment in energy drink maker Celsius Holdings as part of a long-term distribution deal. With PepsiCo as its preferred distribution partner, Celsius expects to gain more shelf spa...
Article From:Fibre2Fashion American sports brand Columbia Sportswear Company has released its 2021 Environmental, Social, and Governance (ESG) Report, which includes performance highlights and progress made throughout 2021 in the three pi...
Article From:Fibre2Fashion While the global economy is expected to avert a recession, business conditions will be increasingly difficult in the year ahead as financial markets tighten, SP Global Market Intelligence said. The risk of reces...
Article From:SGB Media In its first in-person event since 2019, IHRSAs 41st International Convention Trade Show drew over 6,000 fitness industry professionals, spanning 75 countries. The show, held in Miami Beach, FL, featured nearly 300...
Article From:SGB Media A survey conducted by Elevent found that runners are more sponsorship savvy than the general public, including having a more positive perception of sponsors and a willingness to work with them. Elevent, a provider o...
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