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  • 14
    May
    2022

    Skechers donates over $8 million to shelter animals

    Article From:SGI Europe Skechers has donated over $8 million to date from sales of its Bobs collection to save and help over 1.5 million animals in need across the U.S. and Canada. In addition, the brand plans for a registration drive at...

  • 13
    May
    2022

    Peloton and iFIT Settle Alleged Patent Infringement Dispute

    Article From:Front Office Sports Peloton and iFIT the maker of NordicTrack have settled their legal disputes against one another over alleged patent infringement. The settlement of all pending litigation marks the end of a checkered histo...

  • 10
    May
    2022

    Adidas And Foot Locker Announce New Long-Term Strategic Partnership

    Article From:SGB Media Adidas AG and Foot Locker, Inc. announced a new partnership built around product, elevated and deeper consumer connectivity. This makes Foot Locker Adidas its lead partner in the basketball category. The also includ...

  • 09
    May
    2022

    Adidas’ Q1 Sales Dip On Supply Chain Constraints And China Weakness

    Article From:SGB Media Adidas reported continued double-digit growth in Western markets in the first quarter, but overall sales were down 3 percent on a currency-neutral basis due to supply chain disruptions and a 35 percent tumble in Gre...

  • 08
    May
    2022

    Under Armour Posts $60M Net Loss in Q4 As Stock Price Drops

    Article From:Front Office Sports Under Armour suffered a net loss in the fourth quarter of the 2022 fiscal year and posted a 2023 financial outlook that appeared less than impressive for investors. After the numbers were released on Frida...

  • 07
    May
    2022

    Allbirds new running shoe offsets its carbon footprint

    Article From:Just Style The new Tree Flyer performance running shoe from Allbirds is said to have a carbon footprint of 9.92 kg CO2e, all of which is offset to zero. Created at what Allbirds calls the intersection of innovative technology...

  • 07
    May
    2022

    NPD Group: Footwear Sales Decline In First Quarter

    Article From:SGB Media Up against last years stimulus-fueled comps, footwear industry unit sales and revenue declined in the first quarter of 2022 versus the previous year, according to The NPD Group. U.S. footwear sales revenue fell by 3...

  • 06
    May
    2022

    KOA Report: A Record 57 Million Households Camped In 2021

    Article From:SGB Media Kampgrounds of America, Inc.s (KOA) 2022 North American Camping Report* found that 57 million households reported going on at least one camping trip in 2021, an 18 percent increase compared to 2020 and the greatest...

  • 05
    May
    2022

    NPD Report: Baseball, Lacrosse, Soccer, And Pickleball Drive Sports Equipment Sales In Q1

    Article From:SGB Media According to The NPD Group, baseball, lacrosse, soccer, and racquet sports equipment sales increased 19 percent in the first quarter year-over-year and grew 35 percent higher than in 2019. NPD said the categories re...

  • 04
    May
    2022

    Patagonia, The North Face, Levi Strauss Top Circular Fashion Index

    Article From:SGB Media Patagonia, The North Face and Levis are the brands most committed to fashion circularity, according to management consulting firm Kearneys 2022 Circular Fashion Index.* The study found only 7 percent of brands regul...

  • 03
    May
    2022

    Peloton Eyes Investor to Acquire 15% to 20%

    Article From:Front Office Sports Peloton is pursuing potential investors that could acquire a stake of around 15% to 20% in the fitness company, according to The Wall Street Journal. No deal is imminent, but the fitness giant is looking t...

  • 02
    May
    2022

    Coca-Cola Pours It On With Sports Drinks in Q1

    Article From:Front Office Sports Coca-Cola reported $10.5 billion in first-quarter revenue, beating analysts estimates of $9.83 billion. The companys sports drinks segment, which includes BODYARMOR and Powerade, grew 22% during the quarte...

  • 26
    Apr
    2022

    Lululemon Announces Plan To Double Revenue By 2026 To $12.5 Billion

    Article From:SGB Media Building on the momentum of the last three years and having successfully delivered its overall revenue and earnings goals early, Lululemon Athletica, Inc. announced a new Power of Three 2 growth strategy that includ...

  • 25
    Apr
    2022

    Canada Goose Launches Kind Fleece

    Article From:SGB Media Today, Canada Goose is introducing Kind Fleece, a material made from recycled wool and bio-based fibers. Kind Fleece is a breathable fabric made with 62 percent recycled wool, 18 percent wood-based Tencel Lyocell, a...

  • 24
    Apr
    2022

    Li-Ning Sees Robust Retail Sell-Through In First Quarter

    Article From:SGB Media Li-Ning posted a nearly 30 percent year-on-year increase in retail sell-through in the first quarter of 2022. In terms of channels, offline, including retail and wholesale, registered a mid-twenties growth, with ret...

  • 24
    Apr
    2022

    Xponential Fitness Partners With Lululemon And Mirror

    Article From:SGB Media Xponential Fitness, Inc. announced a collaboration with Lululemon to create original fitness content for Mirror, the retailers smart home gym equipment. Four of Xponentials brandsAKT, Pure Barre, Rumble, and YogaSix...

  • 23
    Apr
    2022

    361 Degrees Sees High-Teens Retail Growth In First Quarter

    Article From:SGB Media China-based 361 Degrees posted high-teens year-on-year growth for its retail sales performance in the first quarter of the year, while the overall retail sales of its e-commerce products grew approximately 50 percen...

  • 23
    Apr
    2022

    Xponential Fitness Launches On-Demand Platform

    Article From:SGB Media Xponential Fitness, Inc., digital platform, Xponential+ (XPLUS) has officially launched, offering live and on-demand access to its studio locations. Xponentials brands include Club Pilates, Pure Barre, CycleBar, Str...

  • 19
    Apr
    2022

    Yue Yuen’s Sales Fall In March

    Article From:SGB Media Yue Yuen reported consolidated operating revenue fell 11.2 percent to $773.5 million in March dragged down by a steep decline at its Pou Shengs retail segment. Sales from the Manufacturing Business segment were up 1...

  • 18
    Apr
    2022

    FDRA Study: Inflation Impacting Footwear Sales

    Article From:SGB Media The FDRAs 2022 National Spring Shoe Shopper Survey, found that 44 percent of consumers have delayed purchasing shoes during this high inflation period. Consumers shopping for shoes (32 percent) have opted to buy few...

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