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  • 22
    Aug
    2022

    Foreign trade in China's Hebei crosses 310 bn yuan in Jan-July 2022

    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...

  • 21
    Aug
    2022

    Li Ning’s Sales Climb 22 Percent In First Half

    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...

  • 20
    Aug
    2022

    Momentum of China's economic recovery continues in Jul

    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...

  • 19
    Aug
    2022

    EU & euro area GDP up by 0.6% in Q2 2022

    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,...

  • 17
    Aug
    2022

    NPD Reports U.S. Footwear Sales Decline In Q2

    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...

  • 16
    Aug
    2022

    Peloton To Face Lawsuit Over Availability Of Fitness Classes

    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...

  • 15
    Aug
    2022

    Peloton to Cut Nearly 800 Jobs, Raise Prices

    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...

  • 14
    Aug
    2022

    China’s Cycling Market Projected to Reach $16.5B by 2026

    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...

  • 09
    Aug
    2022

    German firm Puma to host global event for sustainable fashion industry

    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...

  • 08
    Aug
    2022

    Sports Alliance: Fitness industry is male-dominated

    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...

  • 07
    Aug
    2022

    Tennis is becoming increasingly popular in South Korea

    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...

  • 06
    Aug
    2022

    Women’s Sports Merchandise Flying Off Shelves

    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...

  • 04
    Aug
    2022

    KOA: Camping To Remain Popular Amid Volatile Economic Conditions

    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...

  • 03
    Aug
    2022

    PepsiCo Invests In Fitness Energy Drink Maker Celsius

    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...

  • 02
    Aug
    2022

    US' Columbia Sportswear aims for 30% reduction in emissions by 2030

    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...

  • 01
    Aug
    2022

    Downside risk to global growth from tightening financial conditions

    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...

  • 28
    Jul
    2022

    IHRSA 2022 Draws Over 6,000 Industry Attendees

    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...

  • 27
    Jul
    2022

    Survey Finds Runners Value Sports Sponsors

    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...

  • 26
    Jul
    2022

    NGF Report: Golf Equipment Sell-in Still Growing

    Article From:SGB Media Despite supply chain constraints, shipments from golf equipment manufacturers in 2022 has remained strong, matching last years growth, according to the National Golf Foundation (NGF). Through June, golf club dollar...

  • 25
    Jul
    2022

    The ski industry slowly getting back on track after a disastrous season hit by COVID-19

    Article From:FESI According to recent results of the annual ski market report conducted by the Federation of the European Sporting Goods Industry (FESI), skis and ski equipments sales of the 2021-22 season have slightly increased compared...

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