Credit crunch trips sportswear sales
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…
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…
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…
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…
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,…