September 02, 2022 Global Sports Apparel Market Rebounds 30%
Branded athletic apparel sales came roaring back from pandemic lows last year, jumping 30.4% in 2021 to $114,153 million after dropping 10.4% the year before to $87,567 million, with all but four companies posting double-digit improvement.
The more than a year-long downward trend in NICS FBI background checks continued last month, with checks inching down 3% to 1,286,816 from 1,328,518, but otherwise was the third strongest Aug. on record. New Wave Group Acquires B.T.C. Activewear
New Wave Group, the Swedish parent company of Craft, Seger, Auclair, Derby of Sweden, D.A.D. Sportswear, Speedo and a dozen other sports and leisure brands, has acquired 100% of B.T.C. Activewear Limited, a British promotional, corporate and team apparel distributor.
The Yue Yuen-owned Chinese retailer sees Yu Huan-Chang appointed as chairman, succeeding Lee Shao-Wu, who has resigned effective immediately for personal reasons and a desire to spend more time with his family. Hydrow and IFit Reach Settlement
Hydrow and iFit Health & Fitness have settled their dispute over rower designs, according to a filing in DE federal court asking that the case be dismissed without prejudice. Etcetera: PrAna, DPS Skis, Hanesbrands, ABG
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