August 28, 2020 Global Sports Apparel Sales Topped $93 Billion In 2019
The global athletic apparel market decelerated last year from 2018’s strong growth pace, but still turned in a mid-single-digit gain in 2019 to $93,054 million compared to $89,197 million. Hibbett Posts Huge Q2 As Customers Flock Back To Stores
Hibbett recorded a $40,355,000 profit in the second quarter ended Aug, 1 against a loss of $8,778,000 last year on revenues that soared 75% to $441,607,000 from $252,440,000 including a +79.2% comp sales gain. Canadian Tire Names New SportChek President
Canadian Tire promoted Stephen Brinkley to president of SportChek, responsible for the overall strategic direction and growth of more than 400 retail locations across Canada. Vertikal Brands Acquires Higdon Outdoors
Vertikal, a Clearview Capital-backed holding company, has agreed to recapitalize Higdon Outdoors and Power Calls Company, which makes calls, hunting blinds and sporting dog accessories. |