Article From：SGI Europe The Federation of the European Sporting Goods Industry (FESI) is welcoming the long-awaited formal entry into the Free Trade Agreement between the European Union and Vietnam (EVFTA) on Aug. 1. After more than eight...

Article From：SGB MEDIA Seventy-two percent of companies now anticipate that sales will not return to pre-COVID-19 numbers until 2021, and 53 percent report not until Q2 of 2021, according to the SFIAs 3rd Edition of its monthly COVID-19 I...

Article From：SGB MEDIA Nike Inc. said it is canceling plans to open a plant in Goodyear, AZ, just outside of Phoenix, AZ to make soles for its Nike Air shoes as part of its Nike Air Manufacturing Innovation (Air MI) program. We are experi...

Article From：SGI Europe By the estimate of Sporting Goods Intelligence, the global market for sports equipment grew by 3.5 percent, from $80,599 million to $83,459 million, over the course of last year. The 4.0 percent gain of 2018 had be...

Article From：SGB MEDIA The Consumer Electronics Show (CES) 2021, scheduled to run from January 6-9, 2021 in Las Vegas, will transition to an all-digital experience on the same dates, the Consumer Technology Association announced. Amid the...

Article From：SGB MEDIA According to a survey from TD Ameritrade, 59 percent of Americans dont plan to renew their gym memberships after the COVID-19 pandemic is over. As reported by CNBC, the survey showed 56 percent of those surveyed ind...

Article From：SGB MEDIA According to data released by The Harris Poll, only 32 percent of U.S. adults believe that an NFL season will be played in 2020. Furthermore, only 24 percent think there will be college football this year. Nearly 2,...

Article From：SGI Europe As a result of lockdown restrictions implemented in China and elsewhere during the Covid-19 pandemic, several Chinese sportswear brands have released profit warnings for the second quarter of 2020....

Article From：SGB Media Wanda Sports Group Company Limited announced that the company has completed the previously announced sale of The Ironman Group to Advance, a private, family-owned business that invests in a broad range of media and...

Article From：SGB Media Nike Inc. joined eight other major corporations including Microsoft, Starbucks and Unilever, to form a new consortium with a goal of accelerating the transition to a net-zero global economy. Founding members also in...

Article From：SGB Media The Outdoor Industry Association (OIA), in partnership with Utah State University (USU) and Western Colorado University (WCU), has launched select courses from its Outdoor Industry Business Certificate (OIBC) progra...

Article From：SGB Media Amazon Prime Day, which typically takes place in mid-July, has been postponed due to COVID-19. This year well be holding Prime Day later than usual while ensuring the safety of our employees and supporting our custo...

Article From：International Olympic Committee network Recognising the power of sport in advancing society, 118 Member States of the United Nations (UN) have called for all States to include sport and physical activity in their recovery pla...

Article From：Sportel The coronavirus-enforced lockdown saw sports viewing in Europe hit historic lows during March and April, only for the return of live action to cause a 24 per cent increase in sports streaming viewing time, according t...

Article From：SGB Media A new report from the Capgemini Research Institute, Consumer Products and Retail: How sustainability is fundamentally changing consumer preferences*, finds that sustainability has risen with consumers with 79 percen...

Article From：SGB Media Anta Sports Products Ltd. said it expects profits to decline up to 25 percent in the first half ended June 30 and up to 35 percent after taking into account its share of the loss from the Amer Sports acquisition. An...

Article From：SGB Media U.S. retail sales jumped 7.5 percent in June from the prior month as some stores and restaurants reopened. Results came out ahead of Reuters expectations calling for an increase of 5 percent. The gains were on top o...

Article From：SGB Media The National Retail Federation announced its annual exposition and conference will take place in-person at the Jacob Javits Convention Center in New York City June 6-8, 2021. In addition, NRF is hosting a virtual ev...

Article From：SGB Media Yue Yuen Industrial (Holdings) Ltd. reported sales in June reached $724.6 million against $810.5 million, representing a decline of 10.6 percent. For the six months, sales were down 19.4 percent to $4.09 billion fro...

Article From：SGB Media In response to the economic damage, caused by COVID-19 on the active lifestyle industry, the Sports Fitness Industry Association (SFIA) will launch a campaign to promote the Personal Health Investment Today (PHIT) A...