According to Coresights Holiday 2019: U.S. Shopper Survey, almost six in 10 holiday shoppers are concerned about tariffs causing prices to rise on holiday gifts. Only 16 percent would absorb those rises and increase their spending. The surv...
Li Ning hired Uniqlos Kosaka Takeshi as its joint chief executive officer. Kosaka will be taking on the companys top position alongside its Olympic gold medal-winning gymnast founder, Li Ning. The Japanese-Chinese retail veteran formerly se...
Patricia Rojas-Ungar, vice president of government affairs at Outdoor Industry Association (OIA), issued a statement criticizing the Trump administrations threat to raise tariffs higher and order U.S. companies to exit China. The statement...
399,067 is the lowest since the 1992-93 school year. However, the decrease in girls basketball participation from 430,368 in 2016-17 to 399,067 in 2018-19 is largely attributable to a 25,000 drop in Texas during that two-year period. Dismis...
Alterra Mountain Company said Zermatt in Switzerland has become the first European destination partner on the Ikon Pass. Now Ikon Pass holders have access to snow at 41 global destinations across five continents. The Matterhorn towers over...
Anta, Li Ning and Xtep, the three Chinese sporting goods giants all maintained first-half net profit of more than 20%, followed by 361also achieved nearly 10% growth. This means that local sports brands have rebounded from the trough. The b...
The Americans for Free Trade Coalitionwhich includes Outdoor Industry Association, Snowsports Industries America, Sports Fitness Industry Association and many otherson Wednesday sent an urgent request to President Trump that he postpone all...
Over 200 American footwear companies came together and sent a compelling letter to President Trump on Wednesday asking that he cancel his proposed higher taxes on American shoe customers set to take effect on Sunday. The letter was signed b...
Chinese sportswear company Anta Sports Products released its interim results for the first half of 2019 (H1) yesterday, boasting growth of more than 40 per cent and an increase of profit margin by more than 58 per cent. Ding Shizhong, chief...
he health club industry continues to prosper. Club visitation is growing at a steady clip as 2018 notched a record number of consumers visiting a club, and health club revenues jumped nearly 8 percent over the previous year, according to a...
Nike has been granted a two-year licensing agreement allowing the company to use iconic New York Citys logos on its merchandise. The logos available to use at Nikes discretion include the New York Police Departments badge, the Fire Departme...
The North Face, timed to Global Climbing Day on August 24, released new data on the state of rock climbing in America and the sports increasing popularity. The new study, conducted by Marketing Research Resources on behalf of The North Face...
The escalating trade war between the United States and China has meant that U.S. outdoor recreation businesses have paid $1.5 billion more in tariffs over the last 10 months (September 2018 to June 2019) compared to the same period a year a...
Amer Sports Corp., after being acquired by Anta Sports, has applied for the termination of public trading in the companys shares and for the delisting of Amer Sports shares from the official list of Nasdaq Helsinki Ltd. Amer on Thursday wil...
STORY SCRIPT: The International Olympic Committee (IOC), The Coca-Cola Company and China Mengniu Dairy Company Ltd today announced that they have signed the first-ever Joint TOP partnership agreement. The partnership combines the non-alcoho...
Xtep International Holdings Ltd, the China-based sports company, closed its acquisition of E-Land Footwear USA Holdings Inc., the owner of the K-Swiss, Palladium, Supra, PLDM and KR3W brands for $260 million. The seller was South Koreas E-L...
Nike Inc. has acquired Celect, a leading retail predictive analytics and demand sensing firm based in Boston. Celect is Nikes latest acquisition fueling its Consumer Direct Offense strategy, serving consumers personally at a global scale. F...
Adidas AG reported earnings rose 10 percent in the second quarter as sales expanded 4 percent on a currency-neutral basis. Major Developments In Q2 2019: Revenues grow 4 percent currency-neutral and 5 percent in euro terms Gross margin incr...
Imports at the nations major retail container ports are expected to continue at near-record levels this month and the remainder of the year despite a new round of tariffs on goods from China, according to the monthly Global Port Tracker rep...
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