Archive for June, 2012
“Fishing equipment supplier Plano Molding Co. is acquiring fellow sporting goods company Frabill Inc. in a move that will allow Plano to offer a wider variety of outdoor equipment.
Plano, based in Plano, Ill., has been injection molding tackle boxes since 1952 and it continues to make a variety of tackle boxes and tool boxes as well as carrying cases for items ranging from archery equipment to golf clubs. Its Caboodle line of cases focus on storage for cosmetics and crafts.”
Read the rest of the story at PlasticNews.com.
It’s Friends and Family time at the PUMA Online Store! Enjoy 40% off your entire purchase (excluding all Golf, evoSPEED and Global Rallycross products). Offer is valid beginning Thursday, June 21, 2012 through Monday, June 25, 2012. Use Coupon Code PUMAFF612. Click Here or the Banner Below and Save Today!
“TORONTO, June 13 (Reuters) – Ice-hockey and lacrosse equipment maker Bauer Performance Sports Ltd said on Wednesday it will buy Cascade Helmets Holdings, a privately held U.S. maker of lacrosse helmets, for $64 million cash.”
Read the rest of the story at www.reuters.com.
The new Nike+ SportWatch GPS is the newest gadget for runners. GPS meets indoor tracking capabilities in a watch you can take on the road, trail, treadmill or any other terrain. Outdoors, GPS technology pinpoints your location to accurately record your time, pace and distance. Indoors, the included Nike+ Sensor uses an accelerometer to give you the same data. Used together, GPS and the Sensor seamlessly calibrate to your pace so you get accurate stats wherever you run, even if the GPS signal gets interrupted. Tap the screen to mark laps and activate the backlight during your run, and personalize the data that you want to see during your run. For direct connect, USB contacts are built into the watch strap—just plug the watch directly into a USB port on your computer to upload run data and recharge the battery.
Before your run the Nike+ SportWatch GPS keeps track of your location, pace, distance, laps, and calories burned. With the Polar Wearlink+, it also tracks your heart rate. It stores all your run history and keeps tabs on your personal records, giving you encouragement along the way. It doesn’t just tell time. During your run it keeps you motivated and on track with unique features like automatic run-reminders. It’s like having your own personal running coach, right on your wrist. After your run you can set goals, track your progress, view your splits, and connect with other runners. Check out your mapped runs, and see how elevation affects your pace. Find the best places to run and compete on a Nike+ Top Route.
If you want to track your runs accurately, you should get one of these. You can buy one at the Nike Store, they retail for $169.00.
Strong Sales In Sports Apparel & Athletic Footwear Boost Industry Performance
In 2011, U.S. wholesale sales of sporting goods equipment, sports apparel, licensed merchandise, athletic footwear, and fitness equipment were $77.3 billion – according to the Sporting Goods Manufacturers Association’s (SGMA) State of the Industry Report (2012). That was a 4.2% increase over 2010, when sales were $74.2 billion. This boost in sales indicates the second straight year that the sporting goods and fitness industry has shown signs that it is ‘on the comeback trail’. It’s the first time since 2007 that the industry’s wholesale sales reached $77 billion. And, the sporting goods industry, for the second straight year, outperformed GDP in the US.
The ‘hot’ categories in the industry which drove this growth were branded activewear (up 9.6%), golf clubs (up 8.9%), running footwear (up 7.6%), elliptical machines (up 7.1%), outdoor/adventure footwear (up 6.1%), classics/originals footwear (up 5.6%), and performance apparel – tops (up 5.4%).
One of the leading industry business topics is mass customization where manufacturers are producing customized, quick-turnaround gear for the consumer. And, there are two types of mass customization: for performance (fitness) and for style (personalization).
Consumer Spending Trends
In this report, SGMA surveyed 13 categories of consumer spending. Of those 13 categories, six of them revealed higher consumer spending in 2011 than in 2010. The top two categories that exhibited the highest percentage of ‘more consumer spending’ were Lessons, Instructions, & Camps and Team Sports at School. Of those consumers who spent money on the former, nearly 25% of those consumers said they spent more in 2011 than in 2010. As for the latter, just more than 22% of those consumers said they spent more in 2011 than in 2010. The category which had the least amount of change, where consumers kept their spending steady, was Tennis Membership Fees, where 71% of those who spent money on tennis memberships in 2010 actually spent the same amount of money in 2011.
“It’s not surprising that team sports had a big jump in spending because it means that parents are making the athletic needs of their children a high priority,” said SGMA President Tom Cove. “Team sports are the heart and soul of athletic competition in the U.S.”
It’s worth noting that in seven of the 13 categories, more than 20% of the consumers from those various categories expect to spend more this year than in 2011.
“The growth and/or emergence of sports such as gymnastics, rugby, lacrosse, and field hockey are helping to fuel this spending,” noted Cove.