Consumer insights from the sporting goods industry – Page 8
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Article
Re-commerce volume grows 20 times faster than regular retail, study says
Brussels-based market research company Cross-Border Commerce (CBC) Europe has conducted a new study with support from Checkout.com, FedEx Express, Lengow, nShift and Payoneer, investigating the status and future prognosis for the re-commerce market. According to market researchers, re-commerce’s share of the total market will rise from ten to 14 percent ...
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Analysis
The world’s biggest sports retailers 2021
This exclusive, yearly statistic shows the revenue development of the 50 largest sports retailers worldwide.
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Article
eBay U.K. partners with ACS to make second-hand items easier to access
eBay U.K. has announced a new partnership with the textile fulfillment company Advanced Clothing Solutions (ACS). U.K.-based ACS – now B Corp-certified – is an expert in reselling, cleaning and repairing garments to expand the online marketplace’s second-hand offering and reduce waste in the fashion industry. The announcement comes on ...
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Article
Strava’s Year in Sport 2022 reveals the latest industry trends
Strava’s Sports Year 2022 Report paints a picture of the latest trends in the outdoors, sports & fitness. We present the key numbers.
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Article
The U.K. is facing a year-long economic recession
The U.K.’s gross domestic product is likely to contract by 0.4 percent in 2023. The country is estimated to have entered into an economic recession in the third quarter of 2022 that will last until the end of next year, according to the Confederation of British Industry (CBI). The CBI ...
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Article
The latest figures of Italian football
The Italian Football Federation (FIGC) has released its Integrated Report 2021, which provides the main figures of the sport in terms of social, economic and fiscal impact. Around 4.6 million people play football in the country, of which 1.4 are also FIGC-registered players. The game is extremely popular among adolescents, ...
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News briefs
Boxing equipment market to post 4.07% CAGR by 2027
The boxing equipment market is projected to increase by US$260.17 million from 2022 to 2027, at a compound annual growth rate of 4.07 percent, according to a recent market study by Technavio. The increase year-over-year in 2023 is expected to be 3.6 percent. The growth of the boxing equipment market ...
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Article
Consumer sentiment in Europe improves
Consumer sentiment improved slightly in Germany, France and Italy, the three main economies of the European Union, but consumers remain cautious in a challenging economic environment. In December, German consumer sentiment is expected to rise by 1.7 points to -40.2 points from -41.9 points in November, according to the market ...
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News briefs
Online sales for China’s overall athletic footwear market down 22%, running footwear up 6%
According to NPD Group, e-commerce sales of athletic footwear in mainland China declined 22 percent year-on-year through August 2022. Running footwear, however, increased 6 percent and increased its market share from 19 percent to 23 percent. Sales of running shoes, which have high double-digit growth in the $90+ price range, ...
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Article
China’s ongoing Covid-19 restrictions may force brands to reconsider market strategy
With some in the Biden Administration hoping to stabilize U.S. relations with China in talks between the country’s leaders at the G20 Summit in Bali today, footwear companies are considering a multitude of hard options for the coming year with respect to their operations in the globe’s second-largest economy. Business ...
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Article
Austrian Tourist Board: Winter season can be a success despite challenges
At a press conference in late October, tourism state secretary Susanne Kraus-Winkler and Österreich Werbung (OW; Austria Tourism) managing director Lisa Weddig addressed the current status quo of the tourism industry and the potential for the 2022/23 winter season, revealing that the industry made a comeback this summer, people are ...
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Article
Slight improvement in German consumer sentiment in November
After several months of negative trends with ever-new all-time lows, German consumer sentiment improved slightly in November. As shown by the current consumer barometer of the German Retail Association (HDE), the index increased slightly compared to the previous month. However, the barometer remains at a low level. In recent months, ...
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News briefs
Swiss consumer sentiment at record low
Consumer sentiment in Switzerland has continued to decline, falling to -46.6 points in October from -41.7 in July and reaching its lowest level since the consumer survey began in 1972, according to the State Secretariat for Economic Affairs. The decline comes amid high inflation and cloudy economic prospects, although perceptions ...
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Article
Which countries show the most interest in the FIFA World Cup - and how does it compare to the Olympics?
Four out of nine consumers are interested in the FIFA World Cup. How does that compare to the Summer Olympics and who are the fans? YouGov Global Fan Profiles have now revealed that 45 percent of consumers in 50 markets either have “some interest” in the FIFA World Cup or ...
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Article
Intersport Germany launches new brand campaign; new report underlines social relevance of sports
Intersport Germany is underlining the enormous social importance of sports with a new brand campaign. The sporting goods retailer has already been campaigning to increase access to sports for years. Now, the group is launching “Einmal Sport. Intersport.“ (a pun on “Once sport. Always sport”), a highly emotional and polarizing ...
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Article
Eurostat reviews EU sports employment
The number of people employed or self-employed in the EU’s sports sector has recovered since the dip occasioned by lockdown policies, according to a recent report in late September by the EU’s statistical body, Eurostat. That number is back to 1.37 million, as in 2019. It was down to 1.31 ...
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Article
Consumer confidence at historic lows in Europe
Consumer confidence has taken a dive in Europe. The European Commission’s Directorate-General for Economic and Financial Affairs (DG ECFIN) has produced a flash estimate for September, according to which the indicator has “resumed its steep downward trend, dropping by 3.5 points in the EU and 3.8 points in the euro ...
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Article
Microsoft survey sees managers mistrusting hybrid working models
The vast majority of managers have difficulty trusting the productivity of their employees in hybrid work models.
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News briefs
Amazon on the wane, Decathlon supreme in e-bikes in Spain
Drawing data from the SEO software producer Sistrix, CMDsport has once again ranked the top ten e-commerce sites for e-bikes in Spain. The surprise this time around is that two local operations, Biciescapa.com and Bicimarket.com, have knocked Amazon.es down two pegs. Meanwhile, Decathlon.es has retained its top spot by a ...
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Analysis
Market Analysis: The sports equipment market
This exclusive statistic includes revenue and market share development for the major global sports equipment brands.