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Article Date: September 2021
Word Count: 1140

Global Sports Apparel Market Tumbled 11% Last Year


Faring even worse than the athletic footwear market, branded athletic apparel sales dropped 10.8% to $86,709 million in the pandemic year from $97,181 in 2019, with all but four companies posting a decline. While sneaker sales bounced back relatively quickly after Covid restrictions and lockdowns lifted, sports apparel sales lagged across the globe. The U.S. market was hardest hit, falling 14% to $37,293 million from $43,353 million. Europe and Asia were down 8% to $21,719 million from $23,685 million, and down 7% to $21,110 million from $22,655 million, respectively, helped somewhat by strengthening currencies against the dollar. Other regions, which ... Log in to view full article.

 


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