Industry Analysis & Industry Trends
Fair game
The Licensed Sports Apparel Stores industry has been hurt by the recession, since the majority of its products are considered discretionary and luxury items. However, in the next five years, consumer spending will gain ground, resulting in greater event attendance and more sports apparel sales. Nevertheless, online sports apparel retailers will limit the industry's overall growth and constrain profitability over the next five years. Furthermore, competition from big-box retailers will also pick up.... purchase to read more
Industry Report - Industry SWOT Analysis Chapter
The Licensed Sports Apparel Sores industry is considered to be in the mature stage of its life cycle, exhibiting minimal growth over the long-term, while remaining an essential part of US sports merchandise purchase needs. Over the 10 years to 2017, IBISWorld estimates that the industry's value added (i.e. its contribution to the economy) will grow at an average annual rate of 0.6%. In comparison, US GDP is expected to grow at a rate of 1.9% over the same period, indicating that the industry is slowly diminishing as a share of the economy. This trend has occurred as the industry has downsized through mergers and acquisitions (e.g. the Sports Authority's acquisition of Gart Sports in 2003). Fur... purchase to read more