Sporting Goods Industry News for December 20, 2024
SGI NewsWire is taking next week off for the Holidays. We’ll resume posting on December 30, with our next weekly issue published on January 6. Happy Holidays to all our valued subscribers!
Branded rugged outdoor footwear sales pulled up sharply after 2022’s 16.4% jump, slipping 2.2% in U.S. dollars to $6,194 million from $6,334 million based on our research with input from the Outdoor Industry Compass on European brands.
Following its approval in the House last Apr., the Senate has passed the EXPLORE Act, a companion bill to the America’s Outdoor Recreation Act, which will head to President Biden's desk where he is expected to sign it.
HBI has settled a proposed class action relating to a May 2022 data breach, pending final court approval, which compromised employees’ personal information such as birth date, banking, driver’s license details, and social security numbers.
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