Sporting Goods Industry News for April 17, 2015
Led by strong growth in the outdoor and women’s sectors, the retail square footage of 38 major sporting goods retailers is expected to increase to 178,015,000 in 2015 against 168,350,000 sq. ft. the prior year.
For the first time since its inception in 1983, the World Championships of track & field will take place on U.S. soil in 2021.
The Famous Footwear parent, which has a 137-year history, will rebrand under the name Caleras, derived the word ‘calere’ in Latin that translates ‘to passionate, to glow.’
Nike is reportedly in negotiations with NBA officials to secure the league’s on-court apparel rights once the 11-year Adidas contract expires after the 2016-17 season.
Foot Locker is teaming with Pensole Footwear Design Academy and Founder D’Wayne Edwards on a sneaker development project.
Purchases merchandise from 160 footwear vendors. In FY14, Nike accounted for 29% of sales: Skechers for 11%.
The German company has launched a new traceable product label—Made in Green—that allows for communication through the supply chain all the way to the end user.