Sportswear market to sprint past recession
The ways in which the current recession will impact consumers’ interest in playing sports, working out or getting regular exercise…
Credit crunch trips sportswear sales
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GERMANY: Puma Q2 sales rise 4%
Second quarter sales at sporting goods group Puma AG have risen by 4.1%, it emerged on Friday (31 July), suggesting…
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UK: JJB Sports H1 sales fall 40% on low stock levels
Troubled sportswear retailer JJB Sports today (24 July) said a 40% drop in first-half sales was in line with expectations,…
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UK: Sports Direct’s profit falls 91% in challenging year
Sporting goods retailer Sports Direct has posted a 91% slump in full-year pre-tax profit after being hit by the weak…
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US: VF names president of Outdoor & Action Sports EMEA
VF Corp has promoted Patrik Frisk to president of its Outdoor & Action Sports EMEA unit, where he will be…
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US: Global sports markets flatten amid recession – research
Worldwide sales of sports equipment, apparel, and footwear sales remained flat at US$284bn in 2008 – but in what is…
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US: Nike Q4 profit down 30% as future orders fall
Slumping sales in every geographic sector except Asia have coupled with restructuring charges to push sporting goods giant Nike Inc…
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RUSSIA: Sports tracking service notes new opportunities
The average selling price for the major sports apparel and footwear brands in Russia is higher than in the five…
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US: Sport leisure, outdoor shoe sales defy downturn
The fashion footwear market seems to be faring better than apparel in the current economic downturn, new data shows, while…
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JAPAN: Asics’ core sports focus helps buck recession
Japanese sporting goods company Asics Corporation is managing to thrive in the recession by sticking to its core sports business,…