Article From:SGB Media Adidas AG said more than 60 percent of its products will be made with sustainable materials in 2021. From 2024 onward, Adidas is committed to using only recycled polyester. Adidas said the increased use of recycled...
Article From:SGB Media A new study conducted by the Oregon Consulting Group through data collected by the Colorado Department of Public Health Environment (CDPHE) found that visiting health clubs poses a very low risk of COVID-19 transmis...
Article From:SGB Media The bi-partisan Health and Fitness Recovery Act now has 22 sponsors from 12 states and D.C, according to the International Health, Racquet Sportsclub Association (IHRSA)*. The bills most recent sponsors include U.S....
Article From:SGB Media The USTA announced that recent data and information surrounding racquet sales and participation have shown that the tennis industry has shown strength amid the pandemic. According to the Tennis Industry Association...
Article From:SGB Media Only 27 percent of American sports fans are looking to go to a sporting event in the next six months, according to a survey from Tappit. The numbers look more promising when looking at the next 12 months, where 58 p...
Article From:SGB Media Imports remain strong through October after setting new records this fall as retailers stocked up both stores and warehouses for the holiday season and met new demands for quick delivery of online orders, according...
Article From:SGB Media Sportsmans Warehouse reported net income jumped nearly three-fold in the third quarter ended October 31 as sales grew 59.1 percent. Sportsmans Warehouse continued its exceptional performance in the third quarter of...
Article From:SGB Media PVH Corp. reported revenue in the third quarter decreased 18 percent to $2.118 billion or 21 percent on a constant-currency basis, a sequential improvement compared to the percentage revenue decreases in the prior t...
Article From:SGB Media An estimated 186.4 million consumers shopped in-store and online from Thanksgiving through Cyber Monday, down slightly from 189.6 million in an unusually robust 2019, according to the annual survey* released by the...
Article From:SGB Media Adobe reported Cyber Week, the five-day period between Thanksgiving and Cyber Monday, broke all sorts of e-commerce records this year with many U.S. consumers choosing to shop online to crowded stores amid COVID-19...
Article From:SGB Media Athletas sales grew 35 percent in the third quarter, according to its parent, Gap Inc. Comparable sales were the highest in the brands history up 37 percent and online contribution remained above 50 percent in the q...
Article From:SGB Media Urban Outfitters Inc. announced net income rose 37.7 percent in the third quarter to $76.7 million, or 78 cents a share. Total company net sales for the three months ended October 31, 2020, decreased 1.8 percent ove...
Article From:SGB Media Dicks Sporting Goods reported earnings in the third quarter ended October 31 jumped more than four-fold as same-store sales climbed 23.2 percent. Brick mortar same-store sales increased double-digits, the best perfo...
Article From:SGB Media Peloton Interactive Inc. reported total revenue grew 232 percent in the first quarter ended September 30 to $757.9 million, exceeding Wall Streets consensus target of $748.1 million. The company lifted its sales out...
Article From:SGB Media Lifestyle changes and consumer behavior shifts in 2020 due to COVID-19 drove year-over-year sales declines for the U.S footwear industry, but trends are expected to stabilize and recover through 2021, according to N...
Article From:SGI Europe Amazon said that its sales in the third quarter grew by 37 percent to $96.1 billion. They were boosted by booming online transactions during the coronavirus crisis worldwide, which prevented or discouraged shoppers...
Article From:SGI Europe A train loaded with Lenzing fibers, which left Vienna, Austria, on Aug. 20, reached its destination, the Xinzhu station in Xian, China, after only 16 days. The train, which carried 41 containers of Tencel Lyocell a...
Article From:SGI Europe More and more European governments are following the example of the Republic of Ireland, which ordered a six-week lockdown on the sale of non-essential goods at physical stores on Oct. 21 to help stem the second wa...
Article From:SGB Media Adidas is exploring a sale of its Reebok division, according to reports in Germanys Manager Magazin and Bloomberg. A source familiar with the matter told Bloomberg the internal review is in the early stages with a d...
Article From:SGB Media The International Health, Racquet Sportsclub Association (IHRSA) and the Medical Fitness Association (MFA) have formed a strategic partnership with a common goal of promoting exercise as a primary prevention tool an...
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