September 24, 2021 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. Vail Resorts Posts Higher FY21 Profit
Retail/rental revenue soared 130% to $24,275,000 in the final fiscal quarter ended July 31, against just $10,538,000 last year when many resorts were closed. Sequential Brands Auction Set for Oct. 28
Bankrupt SQBG received court approval to auction off its brands next month, with an Oct. 25 deadline to submit qualified bids, and an auction on Oct. 28, if multiple bids are received. Chrome Industries Names New President
The bag and backpack company, which also produces technical apparel and footwear, hired Timothy Leedom as the brand’s new president.
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