After a period of success and expansion during the mid- to late-1990s, the sports clothing and footwear market has been pitched into a period of stagnating sales, falling prices and very rapid consolidation.
The market has been convulsed recently by the rise of Sports World - formerly Sports Soccer - which has led the final round of consolidation among the sportswear multiples and overtaken JJB Sports as leader in terms of turnover. Its policy of heavy discounting of new styles by leading brands and of best-selling replica items has proved a major challenge to the business models of competing sportswear retailers and even the brands themselves.
After a period of success and expansion during the mid- to late-1990s, the sports clothing and footwear market has been pitched into a period of stagnating sales, falling prices and very rapid consolidation.
The market has been convulsed recently by the rise of Sports World - formerly Sports Soccer - which has led the final round of consolidation among the sportswear multiples and overtaken JJB Sports as leader in terms of turnover. Its policy of heavy discounting of new styles by leading brands and of best-selling replica items has proved a major challenge to the business models of competing sportswear retailers and even the brands themselves.
In this market, retailers have been forced to define more clearly what they are selling: Is it performance clothing for active sportswear, a fashion statement or simply a comfortable, practical and modern form of clothing?
“Less than one in ten (8%) men struggle to find clothing which is both fashionable and flatters their figure, compared with almost three in ten (28%) women. There has been a strong focus within the fashion market on the importance for women to dressing in a way that suits their body shape. There is scope for fashion brands to heighten awareness amongst men about how getting the right fit and selecting
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K-Swiss is due to launch the Ariake range of trainers, designed for free-running enthusiasts.
On your - Chanel - bike!
On your - Chanel - bike!
Sportswear is no longer simply a chav uniform accessorised with a Croydon facelift or an assortment of chunky sovereign rings. Now it's going decidedly posh.
High-end fashion brand extends further into ‘sport’
High-end fashion brand extends further into ‘sport’
Chanel has added a branded tennis racket to its sports collection.