Hit by a double-whammy of closures of stores and resorts to slow the spread of the coronavirus, sales across the snowsports industry were down 43 percent in dollars and 45 percent in units in the month of March according to SIA’s U.S. Snow Industry Retail Market Report. The tough month caused the snow industry to show a near mid-single-digit decline for the 19/20 snow season.
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Aisle Talk Week Of June 8, 2020
On Monday, NYC started to reopen 100 days after the city reported its first case of the coronavirus. As the epicenter of the outbreak here in the U.S., many stores are offering curbside and in-store pickup. More top National Stories and the Latest Headlines across the Active Lifestyle Market during the week of June 8, 2020 follow in this week’s reporting in the SGB Updates.
Footwear Sales Show Steep Decline In April
Hoka One One and On Running ran counter to the market by generating gains in April despite sharp declines overall due to store closures in response to the pandemic, according to The NPD Group.
Terence Reilly Appointed Global President Of Stanley
PMI Worldwide announced Terence Reilly has been appointed as global president for the company’s Stanley brand, reporting to CEO Bob Keller.
NPD: Leisure Footwear Sales Slump 15 Percent In First Quarter
U.S. sales of leisure footwear, which includes many of the industry’s athletic-lifestyle and outdoor categories, were down 15 percent in the first quarter, according to the NPD Group. Fashion footwear tumbled 24 percent and the smaller sport-specific performance footwear category declined 19 percent.
Aisle Talk Week Of April 20, 2020
Top National Stories and the Latest Headlines from SGB Updates across the Active Lifestyle Market during the week of April 20, 2020.
April 17 Coronavirus Notebook: Retail Woes, Reopening Plans And More
As the White House looks to reopen the country, our latest Coronavirus Notebook looks at this week’s grim economic news that drove the president’s decision. We also recap our recent COVID-19 business coverage in case you missed anything.
Survey: Teens Still Embracing Sneaker Culture
Sneaker culture is alive and well among teenagers, especially males, even as teens’ overall spending has declined amid the coronavirus, which has quickly become one of their top concerns. That was one of many key takeaways from investment bank Piper Sandler, which published its semi-annual Taking Stock With Teens Survey this week.
Which Public Companies Will Emerge Strongest From COVID-19 Crisis?
How are active-lifestyle brands like Crocs, Nike and Lululemon plus retailers like Dick’s, Foot Locker and Hibbett navigating the coronavirus? Susquehanna’s most recent note says that the current crisis is weighing on all businesses, but some are better positioned than others. Here’s their ranking of 19 public companies based on who will emerge the strongest from this crisis.
Aisle Talk Week Of March 30, 2020
Top National Stories and the Latest Headlines From SGB Updates across the Active Lifestyle Market during the week of March 30, 2020.
Caleres To Lay Off, Or Furlough Associates, Reduce Salaries
Caleres, the parent of Famous Footwear, said that as part of these efforts to preserve cash, it has made the difficult decision to align its staffing needs with the current, reduced requirements of the business.
Aisle Talk Week Of March 23, 2020
Top National Stories and the Latest Headlines From SGB Updates across the Active Lifestyle Market during the week of March 23, 2020.
March 27 Coronavirus Notebook: Crisis Brings Out The Best In Brands
For this latest installment of the Coronavirus Notebook, SGB Executive looks at the myriad contributions from brands across the active-lifestyle marketplace in response to the COVID-19 pandemic, including pivoting production lines to make personal protective equipment, providing gear for first responders and making cash donations.
Aisle Talk | Week Of March 16, 2020
The Week’s Top Headlines across the Active Lifestyle Industry as reported in SGB Updates during the week of March 16, 2020.
March 18 Coronavirus Notebook: A Few ‘Winners’ Emerge
The chaos that coronavirus is causing across the active lifestyle marketplace is unprecedented. And while it’s hard to claim any “winners” when an outbreak such as Covid-19 is wreaking so much havoc on everyday life, a couple of categories in this space stand to benefit—firearms and at-home fitness manufacturers.
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