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  • 02
    May
    2022

    Coca-Cola Pours It On With Sports Drinks in Q1

    Article From:Front Office Sports Coca-Cola reported $10.5 billion in first-quarter revenue, beating analysts estimates of $9.83 billion. The companys sports drinks segment, which includes BODYARMOR and Powerade, grew 22% during the quarte...

  • 26
    Apr
    2022

    Lululemon Announces Plan To Double Revenue By 2026 To $12.5 Billion

    Article From:SGB Media Building on the momentum of the last three years and having successfully delivered its overall revenue and earnings goals early, Lululemon Athletica, Inc. announced a new Power of Three 2 growth strategy that includ...

  • 25
    Apr
    2022

    Canada Goose Launches Kind Fleece

    Article From:SGB Media Today, Canada Goose is introducing Kind Fleece, a material made from recycled wool and bio-based fibers. Kind Fleece is a breathable fabric made with 62 percent recycled wool, 18 percent wood-based Tencel Lyocell, a...

  • 24
    Apr
    2022

    Li-Ning Sees Robust Retail Sell-Through In First Quarter

    Article From:SGB Media Li-Ning posted a nearly 30 percent year-on-year increase in retail sell-through in the first quarter of 2022. In terms of channels, offline, including retail and wholesale, registered a mid-twenties growth, with ret...

  • 24
    Apr
    2022

    Xponential Fitness Partners With Lululemon And Mirror

    Article From:SGB Media Xponential Fitness, Inc. announced a collaboration with Lululemon to create original fitness content for Mirror, the retailers smart home gym equipment. Four of Xponentials brandsAKT, Pure Barre, Rumble, and YogaSix...

  • 23
    Apr
    2022

    361 Degrees Sees High-Teens Retail Growth In First Quarter

    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...

  • 23
    Apr
    2022

    Xponential Fitness Launches On-Demand Platform

    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...

  • 19
    Apr
    2022

    Yue Yuen’s Sales Fall In March

    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...

  • 18
    Apr
    2022

    FDRA Study: Inflation Impacting Footwear Sales

    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...

  • 17
    Apr
    2022

    SFIA: Sporting Goods Sales Increased 16 Percent In 2021

    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...

  • 16
    Apr
    2022

    Lululemon Expands Resale Program To U.S. Stores

    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...

  • 15
    Apr
    2022

    RunSignup Sees Reduction In Endurance Events

    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...

  • 13
    Apr
    2022

    Taiwan footwear firm to set up manufacturing unit in Tamil Nadu

    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...

  • 12
    Apr
    2022

    US' Nike unveils Pegasus Turbo Next Nature performance footwear

    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...

  • 11
    Apr
    2022

    NPD Report: Golf Equipment Sales Drop in Second Half Of 2021

    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...

  • 10
    Apr
    2022

    ISPO: Six Megatrends To Shape Sporting Goods’ Future

    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...

  • 06
    Apr
    2022

    Court finds Nike infringed a Lontex trademark

    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...

  • 05
    Apr
    2022

    Decathlon Germany gets kids moving

    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...

  • 04
    Apr
    2022

    Direct path from China to Indian Ocean in new land-sea trade corridor

    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...

  • 03
    Apr
    2022

    NFT Startup Sets Sights on NHL, Team Ownership

    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...

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