News Briefs – Page 3
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News briefsBergzeit study sees pleasure trumping performance in outdoor sports activities
German mountain sports e-tailer Bergzeit has conducted a new online study among roughly 3,400 of its customers in the German-speaking countries to find out about their motivation in outdoor sports, goals, planning, equipment, travel choices, social media use and the consultancy expected from a retailer. One of the major takeaways ...
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News briefsKearney releases circular fashion report 2022, with outdoor brands doing relatively well
Consulting company Kearney has released its Circular Fashion Index 2022. It assessed 150 fashion brands from 20 countries and six categories (luxury, premium and affordable luxury, mass market, fast fashion, sports and outdoor, lingerie and underwear). The methodology includes a score based on seven dimensions that affect ...
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News briefsBike theft in Switzerland: Claim costs at record level
AXA Versicherungen AG has released statistics on bike thefts in Switzerland. Over the last five years, the number of stolen bikes has remained more or less the same – except in 2020, when there was a slight Covid pandemic-related decrease, but this was no longer noticeable by 2021. Over the ...
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News briefsWorldwide fishing equipment market to reach $31.8 billion by 2028, new report suggests
The global fishing equipment market is expected to grow from US$ 23.8 billion in 2021 to US$ 31.8 billion by 2028, representing a compound annual growth rate (CAGR) of 4.2 percent in the 2021-2028 period according to a new report by ResearchAndMarkets. The report is entitled “Fishing Equipment Market Forecast ...
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News briefsThe global fishing reel market is estimated to reach $5 billion by 2027
The worldwide fishing reel market is expected to reach US$5,075.54 million by the year 2027, which would represent a compound annual growth rate (CAGR) of 4.6 percent during the 2020-2027 period. According to a new report by ResearchAndMarkets, titled “Global Fishing Reel Market, By Reel Type, By Reel Mechanism, By ...
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News briefsGfK sees pandemic and inflation clouding consumer sentiment in Germany
According to the latest GfK consumer climate study, consumer sentiment in Germany cooled off noticeably in December. Both economic and income expectations and propensity to buy fell significantly. With the propensity to save also rising again, GfK forecasts a consumer climate of -6.8 points for January 2022, five points lower ...
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News briefsSpain’s outdoor exports grow strongly in H1 2021 compared to pre-Covid period
According to the Spanish business magazine Palco23, citing figures from Icex Spain Export and Investment, Spain’s exports of outdoor equipment reached a total of €122.5 million between January and June 2021, an increase of 67.5 percent compared to the same period in 2019. Over the past five years, exports in ...
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News briefsRoad safety is the biggest barrier to more women biking
New research in the U.K. has shown that concern over road safety remains the biggest barrier to getting more women cycling. According to an independent nationwide survey commissioned by bike insurance provider Laka, 42 percent of women do not feel confident riding a bike on U.K. roads. More than 41 ...
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News briefsGlobal canoeing and kayaking equipment market on the rise, driven by North America
The global canoeing and kayaking equipment market is expected to grow by US$105.37 million during the 2021-2025 period, according to new market research by Technavio. This would represent a compound annual growth rate (CAGR) of nearly 2 percent during the forecast period, with North America likely to generate 41 percent ...
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News briefsContactless card transactions will reach $2.5 trillion in 2021, new research says
The value of global contactless card transactions will reach $2.5 trillion in 2021, up from $1.7 trillion in 2020, and cards will continue to account for the largest share of total transaction value in 2021, at 79 percent, according to a new report from U.K.-based market research firm Juniper Research. ...
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News briefsPortugal is the largest bicycle producer in the EU for the second consecutive year
According to 2020 data released by Eurostat on July 20, Portugal is the largest bicycle producer in Europe for the second year in a row, with a total production of 2.6 million units. In 2019, the country had risen to the number one position in Europe for the first time. ...
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News briefsOutdoor products represent one third of Moscow’s sporting goods exports
In 2020, Moscow exported sporting goods for $17.06 million, accounting for nearly a third of Russia’s overall exports of such products, said Vladimir Efimov, deputy mayor of Moscow, in a recent press conference. Outdoor products represented 33.5 percent of the total export turnover, he said, while adding that deliveries of ...
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News briefsRussia’s bicycle market is still shaken
Russia is still experiencing a shortage of bicycles, while the average price has increased by 10 to 35 percent since the beginning of the year, retailers reported. Russia’s Velograd said the shortage is likely to last throughout 2021, and it will take two to three years for the situation to ...
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News briefsSport not among top e-commerce performers in Spain
Sport does not figure among the chief product categories in Spanish e-commerce. So says the latest edition of an annual study put out by Elogia, a Spanish digital marketing agency, and IAB Spain, which claims to be the world’s largest association of communications, advertising and digital marketing agencies. Some 25.8 ...
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News briefs
Covid mobility study: Germans travel more on foot and by bike
The Covid-19 pandemic has led many Germans to rethink their own mobility: just under 40 percent said they wanted to change their mobility behavior as a result. The trend is clearly toward more pedestrians (+64 percent) and cyclists (+50 percent). The respondents also want to fly less frequently in the ...
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News briefsMarketmedia24 forecasts growth of German athletic footwear industry until 2028
Market researchers from the Cologne-based market research and consulting institute Marketmedia24, who calculate future prospects for numerous consumer goods markets based on scientific methods, have concluded that the German athletic footwear industry does not have to worry much about future sales. According to the report, there will be a steady ...
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News briefs
E-bike buyers are younger in Germany and Belgium than in the Netherlands
Figures from the annual GfK e-bike Monitor 2020, which was first launched in the Netherlands in 2018, show more young e-bike buyers in Germany and Belgium than in the Netherlands. Among e-bike buyers, the age groups 50 and 65+ are less strongly represented in these countries than in the Netherlands. ...
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News briefsEuropean consumers are interested in textiles’ care and eco-care instructions
A new survey from GINETEX, the International Association for Textile Care Labelling, has shown that 65 percent of consumers want to see more environmental information and ecological care recommendations on care labels. While the size (96 percent) and composition of textiles (74 percent) remain the most sought-after piece of information, ...
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News briefsRussian outdoor segment showed solid performance in 2020
The outdoor segment of the Russian sporting goods market experienced strong growth in sales last year, to a large extent thanks to a cold winter in the 2020/21 season, and because during the winter months, more customers spent their vacations in Russia, Ilya Titarenko, distribution director of the Russian sporting ...
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News briefsGfK sees slow but possible recovery of consumption in Germany
In its monthly study in Germany this May, GfK market researchers found consumer sentiment “rather bright than muted,” caused by falling illness rates and success in Covid-19 vaccinations. With more employees coming out of short-time work and incremental re-openings of stores and restaurants, conditions are good for a significant recovery ...
