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Article Date: March 2021
Word Count: 774

Equipment Drives Imports in Holiday Quarter

Triple-digit growth in exercise and solid gains in other hardgoods categories more than offset a mid-teens drop in apparel and a high-teens falloff in athletic footwear, driving an 18.4% improvement in total Q4 imports to $5,883.8 million up from $4,969.0 million. It was a similar story for the full year, but the surge in equipment could not quite overcome softgoods imports that never bounced back after the onset of the pandemic. Total imports for the year declined 5.8% to $20,057.0 million from $21,299.4 million, with sneakers down by nearly a fifth and apparel dropping more than a quarter, but equipment ... Log in to view full article.


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