Article From:SGB Media Retail sales slowed during July as retailers continued to face supply chain disruptions and increased COVID-19 vaccinations allowed consumers to shift some spending from goods to activities outside the home despite...
Article From:SGB Media Amazon is planning to open several large retail locations in the U.S. that are similar to department stores, according to a report in the Wall Street Journal. The e-commerce giant has plans to open the first stores...
Article From:SGB Media 361 Degrees reported net profit rose 32.9 percent in the first half to 401.4 million. Revenue increased by 15.7 percent year on year to 3,107.1 million. Gross profit increased by 28.0 percent year on year to 1,299.7...
Article From:SGI Europe The Anta Group and Beijings Tsinghua University have launched the Global Sportswear Design Award. Described as the first exclusive sporting goods product design competition, the program stems from the Tsinghua Univ...
Article From:SGB Media Anta Sports Products Ltd. reported revenues grew 55.5 percent in the first half against a year ago and 54.0 percent compared to the same period of 2019. Highlights of the quarter include: Sales reached RMB22.81 bill...
Article From:SGI Europe After providing some initial information about ISPO Munichs new concept in passing during a webinar in July including plans to partially open the show to consumers Messe Mnchen finally gave more details about the e...
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Article From:SGB Media Nike is expanding its tech-driven Rise concept to Seoul, Korea. The opening follows the launch of its first Rise retail concept store in Guangzhou, China last summer. Adding to the in-store features from Guangzhou,...
Article From:SGB Media Retail sales in the U.S. grew for the 11th consecutive month in July, according to Mastercard SpendingPulse*, which measures in-store and online retail sales across all forms of payment. With more cash in hand, fuel...
Article From:SGI Europe Shifting to higher-end products, the worlds largest shoe manufacturer managed to raise the average selling price of the products made at its factories by 6.5 percent to $18.37 per pairs in the first half of 2021. T...
Article From:SGI Europe Li Ning Company saw revenues increase by 65 percent in the first half of 2021 to 10,197 million yuan renminbi (1,335m-$1,574m) from the year earlier, when its results were heavily influenced by the Covid-19 pandemi...
Article From:SGB Media Athletic footwear sales for the first six months of 2021 grew more than 35 percent versus 2020 and about 23 percent versus 2019, according to a first-half recap report from NPD Groups Matt Powell, VP senior industry...
Article From:SGI Europe The historic American apparel brands sales revenue has been in decline. But by using data to understand customers better, it has carved out a brighter future. Global sales revenues have dropped $7.41 billion in 201...
Article From:SGB Media A study* from TeamSnap And The Aspen Institute found a connection between youth sports and mental health. Findings include 9-in-10 parents (89 percent) cited mental health as a top reason their kids participate in y...
Article From:SGB Media USA Cycling, the national governing body of cycling, reported record participation in national championship events, including mountain biking and pro road, another sign of the strength in growth of cycling participa...
Article From:SGB Media The KOA Monthly Research Report for July continues to forecast that more North American households plan to camp this year and projects that 53.5 million households will camp in 2021. Following the release of its ann...
Article From:SGB Media The NPD Group reported total U.S. performance footwear sales grew 23 percent in the second quarter while leisure footwear sales climbed at a slightly higher rate. Fashion footwear sales decreased mid-single-digits....
Article From:SGI Europe In its latest consumer survey for Germany, GfK has identified more cautious behavior among German consumers. Both economic and income expectations show moderate declines caused by a noticeable increase in prices an...
Article From:SGI Europe After the Covid-related rescheduling of the international fitness trade show FIBO from June to November, the team of organizer Reed Exhibitions (RX) has decided to postpone the show again and move it to spring, the...
Article From:SGI Europe The upcoming OutDoor by ISPO, dubbed the Global Summit Edition and scheduled to be held in Munich on Oct. 5-7, 2021, will focus more on the conference component in combination with the European Outdoor Summit and o...
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