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  • 25
    Dec
    2021

    Adidas releases its first NFT collection

    Article From:SGI Europe As we reported earlier this month, Adidas has struck deals with three producers of non-fungible tokens (NFTs) on the Ethereum blockchain: Bored Ape Yacht Club (BAYC), gmoney and PUNKS comic. The fruit of those init...

  • 22
    Dec
    2021

    Energy drinks will grow faster than sports drinks

    Article From:SGI Europe GlobalData a market research agency founded in 2016, combining several smaller such firms, and headquartered in London has released a report titled Energy and Sports Nutrition Market Overview, Consumer Behavior and...

  • 21
    Dec
    2021

    New threats for winter sports across the Alps

    Article From:SGI Europe A lot of snow fell on the Alps during the first full week of December, driving many local ski fans to the slopes. However, the French ski resorts are worried about a big drop in reservations by foreign tourists, es...

  • 20
    Dec
    2021

    Consumer confidence dwindles in the U.K.

    Article From:SGI Europe GfKs Consumer Confidence Index for the U.K. has fallen by one point so far in December, remaining negative at -15, in the midst of the spreading Omicron variant, which has led to more than 90,000 new daily cases of...

  • 19
    Dec
    2021

    Mastercard: Holiday Shopping Survey Shows Consumers Prefer Online Shopping And Gift Cards

    Article From:SGB Media While consumers are returning to their in-store shopping routines, according to a recent Mastercard survey*, 56 percent of shoppers have continued to prioritize online shopping this holiday season, citing waiting in...

  • 14
    Dec
    2021

    NPD: U.S. Cycling Market Year-Over-Year Gains Moderate

    Article From:SGB Media In the 12 months ending October 2021, revenue for the U.S cycling market grew 3 percent compared to the prior year, to just over $8.4 billion, according to the NPD Groups retail tracking data. In the year-ago period...

  • 13
    Dec
    2021

    NPD: Kids’ Activewear Sales Increased 34 percent In 2021

    Article From:SGB Media According to The NPD Group, overlapping with the return of in-person learning and sports activities this year, revenue from kids activewear increased by 34 percent in the U.S. from January through October versus las...

  • 12
    Dec
    2021

    More concentration in the German media market

    Article From:SGI Europe Accelerated by the Covid pandemic, which has reduced the sports brands budget for national B2B advertising, the number of German retailer-oriented trade publications operating in the German sporting goods market ha...

  • 07
    Dec
    2021

    Nike gets funding for apparel recycling research

    Article From:SGI Europe The Remade Institute, a 132-member public-private partnership established by the U.S. Department of Energy (DOE) with an initial investment of $140 million, announced a funding round worth $33.2 million in new tech...

  • 06
    Dec
    2021

    German retailers oppose the current anti-Covid measures

    Article From:SGI Europe Intersport Germany and Rose Bikes are reportedly representing a group of 4,500 stakeholders in Germany that is grouping retailers, trade associations, journalists and economic experts in their opposition against th...

  • 06
    Dec
    2021

    China’s Topsports improves margins on slightly lower sales

    Article From:SGI Europe Topsports International Holdings, the leading Chinese sports distributor and retailer spun off by Belle International in 2019, reported a decline of 1.2 percent in total revenues to 15.57 billion renmimbi (2,128m-$...

  • 05
    Dec
    2021

    NRF Economist Predicts Holiday Shopping Could Beat Forecast

    Article From:SGB Media The 2021 holiday season appears to be on track to exceed the National Retail Federations (NRF) forecast for record spending despite supply chain disruptions, inflation and challenges, including the COVID-19 omicron...

  • 04
    Dec
    2021

    IDC: Wearables Shipments Grew 9.9 Percent In Third Quarter

    Article From:SGB Media Global shipments for wearables grew 9.9 percent during the third quarter of 2021 (3Q21), reaching 138.4 million units, according to new data from the International Data Corporation (IDC) Worldwide Quarterly Wearable...

  • 30
    Nov
    2021

    Outdoor outperformed the athletic and casual footwear market in 2020, but…

    Article From:SGI Europe It all depends on the brands that we include in three annual surveys that EDM Publications puts out every year for these three segments of the shoe market, some of which play in two different segments....

  • 29
    Nov
    2021

    Shoes will be sportier and more expensive

    Article From:SGI Europe The market for sports-related shoes will continue to gain market share from other types of footwear over the next three years, according to 75 percent of the respondents to a survey organized by World Footwear in c...

  • 28
    Nov
    2021

    Adobe: Black Friday Online Spending Sees Slight Decline

    Article From:SGB Media Total online spending on Black Friday was $8.9 billion, down from sales of $9 billion in 2020, according to Adobe Analytics. Results came in at the low end of Adobes predicted range. Thanksgiving Day coming in flat...

  • 27
    Nov
    2021

    EBay Acquires Sneaker Con Authentication Business

    Article From:SGB Media EBay, Inc. has agreed to acquire Sneaker Con Digitals authentication business, a sneaker authenticator with operations in the U.S., UK, Canada, Australia, and Germany. The acquisition is an extension of the ongoing...

  • 26
    Nov
    2021

    Nike Partners With Roblox On Virtual World

    Article From:SGB Media Nike announced a partnership with Roblox to create a virtual world called Nikeland. Users will be able to dress up their avatars in Nike-branded footwear and apparel. Nike said in a statement, Theres a new place on...

  • 25
    Nov
    2021

    FDRA Q4 Exec Survey Finds Supply Chain Concerns

    Article From:SGB Media FDRA Q4 Survey of the Top 100 shoe executives shows supply chain challenges and trade policy have caused a direct drag on future retail sales forecasts. Key takeaways include: A 20 percent decrease in shoe sales gro...

  • 24
    Nov
    2021

    Strong recovery in personal luxury may affect our sector

    Article From:SGI Europe The personal luxury market has been traditionally subject to bigger swings than the sporting goods market in their competition for the consumers spending, and its recovery this year may impact the recovery of the s...

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