Article From：SGB Media Peloton Interactive said on Tuesday that it would cease in-house production of its bikes and treadmills and move manufacturing to partners to simplify its operations and reduce costs. The New York-based company will...

Article From：SGB Media Nike opened its first Nike Style store in the South Korean capitals Hongdae neighborhood to serve a distinct sport lifestyle audience through the lens of style, featuring gender-agnostic zones for fleece, tops, foot...

Article From：SGB Media Saks released its Luxury Pulse survey. The data shows that higher-income consumers who shop luxury retail have continued spending, including indulging themselves through fashion and vacation purchases. Additionally,...

Article From：SGI Europe Puma has signed the worlds fastest woman alive, Elaine Thompson-Herah. The Jamaican sprinter and five-time Olympic champion is thus leaving Nike, with whom she had been associated her entire career. Thompson-Herah...

Article From：SGB Media Yue Yuen Industrial Limited reported net consolidated operating revenue reached $834.6 million in June, representing a gain of 5.9 percent year-over-year. Sales in its manufacturing business were up 18.7 percent whi...

Article From：SGB Media Peloton is offering cash and stock incentives to entice employees to stay working for the company, according to a report by CNBC, following recent layoffs and a slowdown in demand for at-home fitness equipment. The...

Article From：SGB Media On, Patagonia, Puma, and Salomon have signed an agreement with Carbios, a French end-of-life plastics recycling company, to develop solutions to enhance the recyclability and circularity of their products. A critica...

Article From：SGB Media According to the 2022 Study of Sports Fan Behavior compiled by SBRnet*, licensed apparel sales are down coming out of the pandemic for four of the seven major team sports. The study surveyed 6,500 sports fans ages 1...

Article From：SGI Europe Decathlon and Intersport are setting up bins in their stores in which customers can deposit used sporting goods (textiles excluded), for recycling or other secondary use, according to the French financial paper Les...

Article From：SGB Media Three out of every four teens arent getting enough exercise, and this lack is even more pronounced among female students, according to new research from the University of Georgia. The research suggests improving a s...

Article From：SGB Media The National Basketball Association (NBA) was part of a $17 million fundraising round for Zigazoo, a social media platform similar to TikTok that caters to kids between the ages of three and twelve with over one mil...

Article From：SGI Europe Sales of sporting goods in Spain (sell-out) grew by 11 percent in 2021 compared to 2020 and reached 8.58 million, according to a report elaborated by Sportpanel for the Spanish trade association Afydad. The increas...

Article From：SGI Europe U.K. tech company WeShop is launching the worlds first community-owned social e-commerce platform, offering consumers shares in the group with every purchase. The company plans to give up to 90 percent of its busin...

Article From：SGB Media A national study of 11,235 kids ages 9-to-13, conducted by the Public Library of Science (PLOS) journal, found that a kids mental health is positively impacted when participating in team sports. The study, led by Ma...

Article From：SGB Media With an increase of nearly five million players since 2019, tennis participation in the United States has outpaced other racquet sports, according to Sports Marketing Surveys analysis. SMS released its findings and...

Article From：SGB Media A new study by Nielsen and LaLiga Tech shows Millennial and Gen Z consumers are following more sports competitions than Gen X and Boomers but strongly prefer streaming and mobile experiences, including fantasy games...

Article From：SGB Media Nike plans to fully exit from Russia following its move three months ago to suspend operations there at the start of the Ukraine invasion, Nike said in an e-mailed statement to Reuters. The e-mail read, NIKE has mad...

Article From：Fibre2Fashion Global multi-brand e-retailer Amazon is heavily dependent on two Asian major economiesIndia and Chinafor apparel and home textiles. The two countries together account for more than 54 per cent of the total 353 s...

Article From：SGB Media Adidas AG filed a lawsuit against Nike, Inc. for allegedly infringing its mobile applications and shoe-fitting technology patents. In the suit filed in East Texas Federal Court, Adidas charges that Nikes Run Club, T...

Article From：SGB Media Kampgrounds of Americas (KOA) monthly research report for June noted that 21.5 million camping households plan to camp this Fourth of July, an 8.6 percent increase over the same period last year. Despite economic sh...