All Statistics articles – Page 3

  • News briefs

    Hybrid fabrics are growing fast


    The hybrid fabrics market is expected to reach $418 million by 2027, representing a 9 percent CAGR (compound annual growth rate) growth from 2020 to 2027, according to a new study by Allied Market Research . The growth will be primarily driven by the increasing success of lightweight fabrics, a ...

  • News briefs

    Covid has affected the sports industry badly


    The sports industry, intended as the organization of sports events and related betting and licensing activities, is estimated to have lost between 30 and 40 percent of its revenues because of the Covid-19 pandemic, based on a study conducted by PriceWaterhouseCoopers ( PWC ), and its recovery will be slow. ...

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    Ongoing growth for wearable devices


    Despite the Covid-19 pandemic, which created bottlenecks along the supply chain, the global wearables market is expected to grow by 14.5 percent to 396.0 million units in 2020 in terms of deliveries, and to continue to increase at a compound average annual rate (CAGR) of 12.4 percent through 2024, according ...

  • Article

    WFSGI: The industry is not yet at the end of the tunnel


    The sporting goods industry continues to be affected by the coronavirus crisis, particularly at the manufacturing end of the supply chain, judging from the August edition of the Covid-19 Impact Survey conducted by the World Federation of the Sporting Goods Industry ( WFSGI ). Manufacturers reported decreases in demand ...

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    Gym closings spur the demand for sporting goods in Russia


    Consumer demand for sporting goods on the Russian market has been seen growing because 37 percent of the gyms in the country are still not allowed to resume operations, based on research conducted by Evotor . Quite a few gyms have been shut down for good, as their owners had ...

  • NPD - Global sports market trend

    NPD: The global sports market grew by 5% in 2019


    A rise of 9 percent in retail sales of bicycles and accessories drove the growth of the global sporting goods market in 2019, according to the NPD Group . The consumption of sports shoes slowed down to 6 percent, compared with an estimated increase of 9 percent in 2018. Both ...

  • News briefs

    Conference Board: Big drop in global consumer confidence


    Global consumer confidence fell at a record pace between April and June because of the Covid-19 pandemic according to the Conference Board . Its consumer attitudes index plunged from a solid optimistic 106 at the beginning of the year to a pessimistic 92 (anything above 100 is considered positive). The ...

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    Swiss sports retailers predict a 10% sales drop this year


    Excluding bikes, which are becoming more popular in the country, the Swiss sporting goods market achieved modest growth of 1.4 percent in 2019 in comparison to the previous year, according to the Swiss Association of Sports Retailers ( Asmas ), which compiled the figures in collaboration with the GfK ...

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    New runners have emerged from the pandemic


    According to a recent study by Asics , the Japanese sportswear brand, the coronavirus crisis has revealed a new-found love for running all over the world. More importantly, most runners are now planning to maintain their new exercise routine in the future. In an encouraging sign, nearly three-quarters (73% ...

  • News briefs

    The Swiss love sports


    According to a new study by the Federal Office of Sport, the number of Swiss residents aged 15 or older who never participate in physical activity is down to 16 percent, one of the lowest percentages in Europe. Only Finland and Sweden can boast a better performance, with rates of ...

  • News briefs

    Italy registers booming bike sales


    Bicycle sales in Italy have jumped by 60 percent since bicycle shops reopened after the lockdown on May 6, as compared to the same period of 2019. According to data released on June 9 by Ancma (Associazione Nazionale Ciclo Motociclo Accessori), the sector’s trade association, Italians bought 540,000 units ...

  • News briefs

    Giant’s Q1 results are hit by the pandemic


    Giant saw its revenues in the first quarter decline by 9.3 percent on an annualized basis to $444.5 million. The net income before taxes dropped by 16.9 percent to $27.4 million. Sales of e-bikes and traditional bikes in many European countries were hit by strict shutdowns in connection with ...

  • News briefs

    Apparel brands may lose 20% of their value


    The brand value of the world’s 500 biggest companies might lose up to an estimated $1 trillion as a result of the coronavirus crisis, according the “Brand Finance Global 500 2020” survey. Brand Finance , whose surveys aim at creating a link between marketing and finance, also conducted a Covid-19 ...

  • Article

    Spaniards project a recovery in March 2021


    According to a recent survey of 1,187 Spanish industry professionals conducted by CMDsport , the general sense in the national sporting goods industry is that the market will return to its pre-crisis level sometime between September 2020 and March 2021. But uncertainty reigns. The projections listed in the questionnaire ran ...

  • News briefs

    According to an annual report from Observatorio Cetelem, sporting goods...


    According to an annual report from Observatorio Cetelem, sporting goods emerged as the Spanish sector with the most total customers and the greatest percentage growth in 2019. All sectors but one (leisure items) saw growth last year, but the percentage of Spanish consumers purchasing sporting goods climbed seven points to ...

  • News briefs

    A Pinterest 100 report has revealed that customers will emphasize...


    A Pinterest 100 report has revealed that customers will emphasize environmentally friendly products and 90s designs in 2020. The report compared search queries on its platform from August 2017 to July 2018 with queries from August 2018 to July 2019 and from the data predicts the 100 trends that ...

  • News briefs

    Decathlon has again come in first in an annual ranking...


    Decathlon has again come in first in an annual ranking of the world s 500 largest retailers in any sector compiled by OC C Strategy Consultants. The French-based sporting goods retailers has placed in the top 10 every year since the first edition of the index. Second and third place ...

  • Article

    The Russian market is apparently rising


    Russian consumers have been purchasing sporting goods more frequently in the last few months, basically opting for more expensive options than a year ago, according to certain findings from a market study that have been released by a government agency, Platform OFD. The agency estimated that it rose by ...

  • Article

    The South Korean market is down by 5%


    Many foreign outdoor brands, led by those from Japanese, have reported worsening market conditions lately in South Korea, the seventh-biggest sporting goods market in the world. Dong Chil Kwon , head of Treksta and a former chairman of the local outdoor industry association, predicts that the Korean outdoor ...

  • Short stops

    Sales jumped by 16.5 percent at Helly Hansen in the...


    Sales jumped by 16.5 percent at Helly Hansen in the third quarter, reaching a level of $211.7 million, said its new parent company, Canadian Tire Corp.