News Briefs – Page 4
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News briefs
Retail sales in the U.K. rise thanks to clothing and footwear
In April, U.K. retail sales rose by 9.2 percent month-on-month in volume thanks to the easing of Covid-19 restrictions, including the re-opening of all non-essential retail from April 12 in England and Wales and from April 26 in Scotland. During the period, sales for textile, clothing and footwear stores rose ...
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News briefsFrench bicycle sales record double-digit growth
According to figures from UNION sport & cycle, the French sporting goods industry association, the bicycle market (bicycles, parts and accessories) reached the milestone of €3 billion in value for the first time in 2020, representing a 25 percent increase over the previous year. Overall sales of all types of ...
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News briefs
Purchasing power in German-speaking countries remains strong
GfK has just published the latest data on purchasing power in German-speaking countries. According to the data analytics company, the Swiss will once again have significantly more money to spend and save in 2021 than neighboring Austrians and Germans with an average per capita spending power of €40,739. Austrians have ...
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News briefsLarge increases in purchases and production of bikes in Italy
A total of 2.01 million bicycles were sold in Italy in 2020, or 17 percent more than in the previous year, according to data provided by the Associazione Nazionale Ciclo Motociclo Accessori (ANCMA), the Italian bike industry association. The Covid-19 pandemic contributed to the strong increase, driving the demand for ...
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News briefsGfK figures show recovery in British consumer confidence
According to the latest GfK long-term Consumer Confidence Index, all signs point to a slow but noticeable recovery in the economic situation of U.K. consumers. All indicators surged in March, with the overall index score rising by a robust seven points to -16. The measure of personal finances over the ...
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News briefs
Swiss online retail grows almost 30%
According to a study conducted by Handelsverband.swiss in collaboration with GfK and Swiss Post, online retail in Switzerland grew extraordinarily due to the Corona regulations, making a three-year leap in 2020. Swiss consumers purchased goods and merchandise online for CHF 13.1 billion (€11.82bn-$14.17bn), an increase of CHF 2.8 billion (€2.52bn-$3.03bn) ...
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News briefs
NPD Group names winners of inaugural Outdoor Sports Industry Performance Awards
The NPD Group has announced the winners of its first Outdoor Sports Industry Performance Awards. The awards recognize the fastest-growing brands of 2020 in key outdoor categories in the U.S., including snowsports equipment. This is according to NPD’s Retail Tracking Service, which collects data from more than 600,000 retail stores ...
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News briefsFree EOG Outdoor Retail Benchmark Report webinar on Feb. 25
The European Outdoor Group (EOG) will host a free webinar on Zoom revealing further details about the Outdoor Retail Benchmark Report on Thursday, Feb. 25 (10:00 CET, 09:00 GMT). The event will provide an overview of the following: Introduction of the report and what it measures Data collection and ...
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News briefs
More ebikes sold in Finland thanks to the pandemic
The Finnish trade publication YouSport reports that according to statistics from the Finnish Fashion and Sports Trade Association, sales of electric bikes in the country increased to about 31,000 units in 2020, up from 9,000 in 2018 and about 16,000 in 2019. Vellu Taskila of Pyöräliitto (Finnish Cyclists’ Federation) told ...
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News briefs
UK bike sales up by 60% since March
Retailers in the U.K. have seen bicycle sales increase by 60 percent since March, while e-bike sales have more than doubled. These and other figures are featured in The Impact of COVID-19 on the UK Cycling Market in 2020, an 89-page account of cycling industry sales and growth during the ...
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News briefsEuropean bike sales to jump 47% by 2030
A new forecast from CIE (Cycling Industries Europe), CONEBI (Confederation of the European Bicycle Industry) and ECF (European Cyclists’ Federation), three industry groups based in Brussels, has predicted that Europeans will buy an extra 10 million bicycles per year by 2030. This would represent an increase of 47 percent as ...
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News briefs
The Italian bicycle market will post record sales in 2020
According to data from ANCMA (Associazione Nazionale Ciclo Motociclo Accessori), the sector’s trade association, bicycle sales in Italy are expected to increase by 20 percent this year as compared to 2019. The pandemic provided the primary drive for the growth, followed by the mobility bonus that was allocated by the ...
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News briefsWHO announces new physical activity guidelines
At a time when many people are home-bound due to Covid-19, new World Health Organization (WHO) guidelines on physical activity and sedentary behavior emphasize that everyone, of all ages and abilities, can be physically active and that every type of movement counts. WHO statistics show that one in four adults, ...
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News briefsGerman consumer climate declines with second Corona wave
According to the GfK consumer climate study for November 2020, the mood among German consumers in November was considerably dampened by the second, partial lockdown. As in the previous month, both economic and income expectations and the willingness to buy declined. “The renewed closure of the hotel, restaurant and ...
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News briefsBritons started Christmas shopping in October
Britons started their Christmas shopping early this year, according to data released by the Office for National Statistics (ONS). In October, retail sales volumes increased by 1.2 percent in the U.K. when compared with September, marking the sixth consecutive month of growth. The increased reached 6.4 percent for non-store retailing, ...
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News briefsMcKinsey gives recommendations on how to cope with Covid
The World Federation of the Sporting Goods Industry (WFSGI) has pointed to an interesting series of proposals recently made by McKinsey & Co. to help overcome the Covid-19 crisis and to make the most of the post-crisis recovery. We feel that decision-makers in our sector and others should think ahead ...
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News briefsPandemic spoils German consumer sentiment
A monthly survey by the German Retail Association (HDE) indicates a deterioration in German consumer sentiment in November. Following the recovery process after the first corona lockdown, so the index is falling for the first time in six months. Consumers are worried by the rising number of infections and growing ...
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News briefsAliExpress: Demand for outdoor goods is soaring in Russia
The demand for outdoor goods, including tents and sleeping bags, has grown significantly in Russia over the past summer, according to AliExpress, an online retail platform that enables small businesses to offer products to online shoppers internationally. “During spring and summer, we have seen a soaring demand for goods ...
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News briefsRussian retailers experience a soaring demand for e-bikes and mountain bikes
During the Covid-19 pandemic, the demand for e-bikes in Russia has nearly doubled, while mountain bikes maintained their popularity, Electra Bicycle Company Russia & China, the exclusive distributor of Electra bikes in Russia, estimated. ”This year, due to warm weather, the bike season in Russia has begun exceptionally early – ...
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News briefs
Hybrid fabrics are growing fast
The hybrid fabrics market is expected to reach $418 million by 2027, representing a 9 percent CAGR (compound annual growth rate) growth from 2020 to 2027, according to a new study by Allied Market Research. Growth is primarily driven by the increasing success of lightweight fabrics, a surge in applications ...
