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...

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...

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...

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...

Article From：SGB Media The total market for sports equipment, exercise equipment, athletic footwear, sports apparel, and licensed merchandise saw a 15.8 percent increase in revenue from 2020 and a 16.4 percent increase since 2019 pre-pand...

Article From：SGB Media Lululemon Athletica, Inc. announced the nationwide expansion of Lululemon Like New, the brands first trade-in and resale program. Starting on April 22, Lululemon Like New will be available across all participating U...

Article From：SGB Media RunSignup, the registration provider for U.S. endurance events, produced its Q1 market assessment and business update. Overall, the data showed that the industry had fewer planned events, and participants were trend...

Article From：Fibre2Fashion Taiwanese footwear manufacturer Hong Fu Industrial Group recently signed a memorandum of understanding (MoU) with Indias Tamil Nadu government to invest ₹1,000 crore over the next three to five years to set up...

Article From：Fibre2Fashion Nike has unveiled the Nike Pegasus Turbo Next Nature, its latest development in performance footwear with the future of the planet in mind. The Peg Turbo Next Nature is made with at least 50 per cent recycled ma...

Article From：SGB Media Golf clubs and gloves sales declined in the period from July 2021 through February 2022, down 12 percent and 6 percent, respectively, year-over-year, according to Retail Tracking data from The NPD Group. Golf balls...

Article From：SGB Media ISPO has identified six underlying megatrends guiding how individualization, connectivity, urbanization, sustainability, and other trends impacting the sporting goods opportunity are evolving. Megatrends are the blo...

Article From：SGI Europe The U.S. District Court for the Eastern District of Pennsylvania has awarded Lontex about $4.62 million in attorneys fees and $369,263 in expenses in a lawsuit with Nike. In addition, the jury in the case awarded d...

Article From：SGI Europe Sporting goods retailer and manufacturer Decathlon Germany has launched the Auf die Pltze (On your marks) campaign and is going on a tour titled EntDecA (a play on words with the German word Entdecker for explorer...

Article From：Fibre2Fashion The New International Land-Sea Trade Corridor, a trade and logistics passage jointly built by western Chinese provincial regions and Singapore, recently launched a new transport route, creating the first direct...

Article From：Front Office Sports Lipsweater, a Montreal-based NFT platform that specializes in hockey, is bringing its collectibles to the NHL in the hopes of owning a franchise in the future. Led by former Princeton goaltender Thomas Syc...

Article From：SGB Media Foot Locker, Inc. announced its ambition to achieve net-zero GHG emissions by 2050 or sooner to align with the climate scientists recommendations to transition toward a net-zero state. Foot Locker said its announcem...

Article From：SGB Media 361 reported profits rose 45.0 percent in the year ended December 31 as revenue increased by 15.7 percent. Financial Highlights Revenue increased by 15.7 percent to approximately RMB 5,933.5 million; Gross profit in...

Article From：SGB Media Adidas announced that it would create a name, image and likeness (NIL) network for up to 50,000 college athletes to become paid endorsers for the brand. According to the company, the network would be open to all eli...

Article From：SGB Media The U.S. Trade Representatives office (USTR) has reinstated 352 of the 549 eligible exemptions from U.S. Section 301 tariffs on Chinese imports. The list released by USTR includes industrial components such as pumps...

Article From：SGB Media According to Golf Datatech, U.S. rounds of golf played rose 13 percent in February 2022 compared to February 2021. The gain followed a decline of 12.2 percent in January 2022. For the year-to-date period, rounds wer...