Article From：SGI Europe Nike has launched the Nike Athlete Think Tank. A platform designed to support women and girls in sports. Because women and girls dont have equal access to play and sport, we teamed up to share our experiences and t...

Article From： SGB Media Li Ning reported earnings more than doubled in the year ended December 31 as sales grew 56 percent. Sales reached RMB22.6 billion against RMB14.5 billion a year ago. Revenues grew 50 percent to RMB9.5 billion in fo...

Article From： Front Office Sports Anta Sports, the Nike of China, posted growth across all its business operations in 2021 in the companys latest earnings report. The Chinese sportswear company generated $7.7 billion in revenue in FY2021,...

Article From： Front Office Sports Nike saw modest sales growth in its fiscal third quarter as it continues its push toward direct-to-consumer sales. The Swoosh notched $10.9 billion in revenue, up 5% year-over-year (8% on a currency-neutr...

Article From：SGB Media Retail sales showed a strong year-over-year gain in February, but the monthly pace slowed compared with January as inflation drove up prices and lingering effects of the COVID-19 Omicron variant affected the supply...

Article From：SGB Media The USTA announced that tennis showed significant growth in participation and equipment sales in 2021, marking the second year for the trend. According to the Physical Activity Councils (PAC) Participation report, p...

Article From：Just Style In several markets, Adidas will continue to operate the business on behalf of ABG during a transition period, following which the Reebok business will fully transfer to ABGs operating partners via a series of defer...

Article From：Front Office Sports In 2019, Lululemon announced it would be leaning into footwear. Three years later, the fitness brand is finally releasing its products. The move is the companys latest attempt at competing with top athleti...

Article From：SGB Media Footwear Distributors and Retailers of America (FDRA) said footwear prices rose 7.0 percent year-over-year, second only to Mays fastest year-over-year increase in 33 years. Prices for Mens footwear were up 5.3 perce...

Article From：SGB Media Peloton plans to explore a bike subscription plan under various pricing models in select U.S. markets as it seeks new avenues for growth and a path to profitability. The company said it has created a limited pilot p...

Article From：Just Style TrusTrace, a global SaaS company with a platform for product traceability and supply chain transparency said Adidas is one of the first companies to adopt the solution. Sweden based TrusTrace says the solution cove...

Article From：SGI Europe Puma is looking for 500 people in Germany to join brand ambassadors such as Cara Delevingne and Raphal Varane to test the Re:Suede sneaker and become part of the companys experiment to find out if it is possible to...

Article From：SGB Media Anta announced a partnership with Hyatt Hotels to open a lifestyle hotel concept, Fila House Shanghai, in 2024. According to a release from Hyatt, the development of Fila House Shanghai marks the first time Fila Chi...

Article From：SGB Media Slow but steady will be a predominant theme for the U.S. footwear industry over the next two years, mainly due to pent-up demand and higher average selling prices. Footwear revenues hit a high point in 2021, growing...

Article From：SGB Media Under Armour, Canada Goose, Helly Hansen and Puma have followed Nike in suspending operations in Russia in response to Russias invasion of Ukraine. As reported on March, 3, Nike, Inc. said it would temporarily close...

Article From：Front Office Sports Apple, Nike, and many other companies are ceasing sales in Russia. Apple helped instigate a rapid exodus of businesses from the nation of 135 million due to its ongoing assault on Ukraine. The company is p...

Article From：SGI Europe Regarding the Corporate Sustainability Due Diligence initiative proposal presented by the European Commission on Feb. 23, 2022, the Federation of the European Sporting Goods Industry (FESI) took the opportunity to...

Article From：SGI Europe A representative study by the German Industry Association for Fitness and Health (DFIG) has found that home fitness continues to be a growth market in Germany. The Covid-19 pandemic has boosted the market, and this...

Article From：Just Style On a call with analysts in the wake of its fourth-quarter and full-year results, Foot Locker said it expects sales to fall by 4% to 6% this year, and same-store sales are projected to decline by 8% to 10% as it ant...

Article From：Front Office Sports FIFA is on pace for record revenue for a four-year cycle as it pushes to move to biennial World Cups. Soccers global governing body said it notched 2021 revenue of $766.5 million in its annual report, a 18...