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  • 14
    Aug
    2020

    Inside The Report: Sporting Goods Retail Sector Employment Up 4.4 Percent In July

    Article From:SGB Media The overall positive jobs report trend for July got a boost from the sector that includes the sporting goods retail business. The U.S. Bureau of Labor Statistics (BLS) reported that total nonfarm payroll employment...

  • 12
    Aug
    2020

    Over 450 exhibitor brands expected at Eurobike 2020

    Article From:bikebiz Over 450 exhibitor brands and 10,000 trade visitors and media representatives are expected at the special edition Eurobike 2020, taking place from 24th-26th November. Despite fears otherwise, the COVID-19 restrictions...

  • 11
    Aug
    2020

    Hard-hit fashion industry is turning to ‘virus-fighting’ fabrics

    Article From:Marketwatch Antiviral fashion seems like an inevitability. Denim brands are developing jeans that use cutting-edge antimicrobial technologies to help protect wearers from the spread of coronavirus, while still looking stylish...

  • 10
    Aug
    2020

    Fashion industry says purchase order cancellations will endure in Q3 and beyond

    Article From:supplychaindive Dive Brief: A full 100% of fashion industry executives reported postponing or canceling apparel sourcing orders this year due to the pandemic, according to a survey of leaders from 25 fashion retailers, import...

  • 08
    Aug
    2020

    Adidas Group Posts Q2 Loss On COVID-19 Impact; E-Commerce Nearly Doubles

    Article From:SGB Media The various sectors of the outdoor, hunting and fishing market are celebrating after President Adidas Group recorded a material revenue decline in its physical distribution channels during the second quarter of 2020...

  • 07
    Aug
    2020

    Trump Signs Great American Outdoors Act Into Law

    Article From:SGB Media The various sectors of the outdoor, hunting and fishing market are celebrating after President Trump signed the Great American Outdoors Act into law. This historic conservation bill will provide $900 million in annu...

  • 06
    Aug
    2020

    NPD Report: June Golf Equipment U.S. Sales Jump 51 Percent

    Article From:SGB Media As golf courses around the United States continue to reopen, golf equipment dollar sales grew by 51 percent in June compared to the comparable month last year, building off of the markets 22 percent growth in May ac...

  • 05
    Aug
    2020

    Shimano’s Sales Slide 12 Percent In Six Months

    Article From:SGB Media Shimano Inc.s sales were down 11.9 in the first half ended June 30. Sales fell 14.6 percent in the Bicycle Components segment and 1.8 percent in the Fishing Tackle segment. Overall revenues reached 160.3 million, do...

  • 04
    Aug
    2020

    State aid further improves demand for sporting goods in Russia

    Article From:SGI Europe According to a Moscow-based think tank, Romir, Russian households have spent a significant portion of their state aid for Covid-19 relief on sporting goods. The demand for sporting goods in Russia skyrocketed with...

  • 03
    Aug
    2020

    FESI welcomes entry into force of FTA between EU and Vietnam

    Article From:SGI Europe The Federation of the European Sporting Goods Industry (FESI) is welcoming the long-awaited formal entry into the Free Trade Agreement between the European Union and Vietnam (EVFTA) on Aug. 1. After more than eight...

  • 01
    Aug
    2020

    Sports & Fitness Industry Does Not Expect Full Return In 2020

    Article From:SGB MEDIA Seventy-two percent of companies now anticipate that sales will not return to pre-COVID-19 numbers until 2021, and 53 percent report not until Q2 of 2021, according to the SFIAs 3rd Edition of its monthly COVID-19 I...

  • 01
    Aug
    2020

    Nike Withdraws Plans For Manufacturing Plant Near Phoenix

    Article From:SGB MEDIA Nike Inc. said it is canceling plans to open a plant in Goodyear, AZ, just outside of Phoenix, AZ to make soles for its Nike Air shoes as part of its Nike Air Manufacturing Innovation (Air MI) program. We are experi...

  • 01
    Aug
    2020

    Analysis: The market for sports equipment grew by 3.5% last year

    Article From:SGI Europe By the estimate of Sporting Goods Intelligence, the global market for sports equipment grew by 3.5 percent, from $80,599 million to $83,459 million, over the course of last year. The 4.0 percent gain of 2018 had be...

  • 31
    Jul
    2020

    CES 2021 Canceled

    Article From:SGB MEDIA The Consumer Electronics Show (CES) 2021, scheduled to run from January 6-9, 2021 in Las Vegas, will transition to an all-digital experience on the same dates, the Consumer Technology Association announced. Amid the...

  • 30
    Jul
    2020

    Majority Of Americans Don’t Plan To Renew Gym Memberships Post-COVID-19

    Article From:SGB MEDIA According to a survey from TD Ameritrade, 59 percent of Americans dont plan to renew their gym memberships after the COVID-19 pandemic is over. As reported by CNBC, the survey showed 56 percent of those surveyed ind...

  • 28
    Jul
    2020

    Most Americans Do Not Expect Football To Happen In 2020

    Article From:SGB MEDIA According to data released by The Harris Poll, only 32 percent of U.S. adults believe that an NFL season will be played in 2020. Furthermore, only 24 percent think there will be college football this year. Nearly 2,...

  • 27
    Jul
    2020

    Many Chinese sportswear brands issue sales warnings for Q2

    Article From:SGI Europe As a result of lockdown restrictions implemented in China and elsewhere during the Covid-19 pandemic, several Chinese sportswear brands have released profit warnings for the second quarter of 2020....

  • 26
    Jul
    2020

    Wanda Sports Completes Sale Of The Ironman Group

    Article From:SGB Media Wanda Sports Group Company Limited announced that the company has completed the previously announced sale of The Ironman Group to Advance, a private, family-owned business that invests in a broad range of media and...

  • 25
    Jul
    2020

    Nike Partners To Launch Global Carbon-Neutral Group

    Article From:SGB Media Nike Inc. joined eight other major corporations including Microsoft, Starbucks and Unilever, to form a new consortium with a goal of accelerating the transition to a net-zero global economy. Founding members also in...

  • 24
    Jul
    2020

    OIA Launches Outdoor Industry Business Certificate Program

    Article From:SGB Media The Outdoor Industry Association (OIA), in partnership with Utah State University (USU) and Western Colorado University (WCU), has launched select courses from its Outdoor Industry Business Certificate (OIBC) progra...

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