Outdoor Industry Association’s Post

What does the outdoor industry retail landscape look like in a post-pandemic world? Unpack the latest trends. #outdoorindustry #retailtrends

The US golf retail sales figures are published by us this week, with data for June 2024. In summary, total sales for the month were down -2.6%, and fell into negative territory YTD (-0.2%). US JUNE 2024 TOTAL RETAIL MARKET - On-Off Course June ’24 vs ’23: Dollars -2.6% On-Off Course June ’24 vs ’19: Dollars +33.3% On-Off Course YTD ’24 vs ’23: Dollars -0.2% On-Off Course YTD ’24 vs ’19: Dollars +34.5% While four of the nine product categories were up in sales for the month, this meant five were down on last year. The largest increases were in the Wedge category (+8%), which was buoyed by the launch of new models by category leader Titleist/Vokey. The largest declines were in Shoes (-13.5%) and Distance Devices (-11.8%). On the latest results, Golf Datatech co-founder John K. said, “After several months of holding level, golf equipment sales, thru the On and Off Course channels, slipped well into negative territory in June, down -2.6% for the month. June was a very challenging month due to poor weather across many major markets, with intense heat and humidity combining with rain and flooding to create a difficult environment for getting out on the links and teeing it up. While no one likes to blame the weather for business slowdowns, June of ’24 definitely felt a heavy negative impact”. More on our website here www.golfdatatech.com #marketresearch #golfequipment #retailsales

Is Boxing Day Shopping in the U.K. Becoming a Thing of the Past as Consumers become Increasingly E-commerce Saavy? 🛒🎁📉 🤔 Boxing Day footfall in the UK continues to decline, with overall retail destinations down -7.6% when comparing 2024 to 2023. Specifically for key retail footfall areas the numbers make for sobering reading: • High Streets: -9.6% • Shopping Centres: -5.1% • Retail Parks: -6.1% Perhaps more striking, is the fact that in-store visits are now 20.5% below pre-pandemic levels, signaling a major shift in consumer behavior toward online shopping during traditional sales periods. This aligns to what we saw with usage of transport networks such as the #London underground. People are preferring digital means to go about work and life, prioritising time for self and for family or friends and may also be finding better seasonal deals pre Christmas. Especially when #BlackFriday started on #Halloween this year. 👻 Even major retailers like #JohnLewis, #MandS and #Next kept much of their store footprint closed on Boxing Day, prioritizing staff well-being over profits on the post-Christmas trade. This is also because wages on bank holiday 26th are double-treble and with the multi year decline, retailers see the data which helped keep many physical stores closed on #boxingday This isn’t just about sales—it’s about changing priorities and evolving consumer shopping habits. Is this the new normal for retail? #RetailTrends #ConsumerBehavior #digitalcommerce #BoxingDay #Ecommerce #RetailInnovation #OnlineCommerce

There are steady signs for US golf retail sales as the data is released for May. Overall retail sales were up 0.3% for the month and 0.5 basis YTD. May 2024 was 31.0% higher than May ’19 (last pre-pandemic year), and YTD sales are +34.8%. For more on May's retail sales results, visit https://bit.ly/4blIQo6 #golfbusiness #golf #retail #retailsales

Featured on Fox Business Network: Cavuto Coast to Coast, our U.S. Polo Assn. (USPA Global) President and CEO J. MICHAEL PRINCE discusses how retailers are prepping for the holidays as the U.S. Polo Assn. sport brand predicts global success in Q4. With a $2.5 global footprint in 190 countries U.S. Polo Assn. has a unique global perspective, anticipating a being up 5-10 percent in 2024 with another record year.   Michael talks about seeing more optimism with spending, though consumers are being more thoughtful of discretionary dollars: “The brand will also see holiday sales up about 5-7 percent even with consumers feeling the pinch in a challenging economy. Expect to see brand loyalty this holiday season and the brands that do well will include those that are offering a great price to value proposition like U.S. Polo Assn.” Watch here: www.foxbusiness.com   #uspoloassn FoxNews24X7.com #holidayspending #retail #retailing #holidayseason #gifting2024 #economy #sport #sports #globalbrands #brandloyalty #consumerspending Kara De los Reyes Pace Public Relations

🛍️ Fighting your way through the boxing day sales? The UK retail property market is undergoing a transformative shift, driven by changing consumer behaviors and evolving business needs. 🔍 Interested in exploring current trends in the UK retail property market? Read more here:https://lnkd.in/eS5rDGnA #Rightmovecommercial #CommercialProperty #MarketTrends #Ecommerce #RetailInnovation #Sustainability #PropertyInvestment

Here's a nice write up on Golf Headwear market by our great friends at PGA Magazine. Scroll towards the last part of the article to get the scoop on Shade Headwear https://lnkd.in/gnwHfiPD

Statistical Surveys continues to note that retail registrations are well below 2023 numbers, while the RV Industry Association notes that wholesale shipments are improving. Seems like something has to give at some point, right? #wcm #woodallscm #outdoorindustry #outdoorhospitality #outdoorrecreation #rvparks #rving #campgrounds #camping #glamping

Christmas Getting Ready Checklist - Part 2: Preparing Your Golf Shop for the Festive Season 2. Merchandising & Display • Create festive displays: Use holiday decorations (garlands, wreaths, fairy lights) to highlight gift sections. Place gift items like golf sets, apparel bundles, and accessories in key areas of the shop. • Feature "Gift Idea" sections: Create specific sections for "Golf Gifts Under $50" or "Top Gifts for Golfers" to make shopping easy. • Impulse items near checkout: Place smaller, high-margin items (golf tees, gloves, socks, caps) around the counter area. • Ensure clear pricing: Display price tags prominently, especially for holiday promotions and bundled deals. • Set up a "Holiday Gift Table": Dedicate a table to themed products and pre-wrapped gift bundles to entice customers. • Promote new arrivals: Ensure new, popular products are front and center for holiday shoppers. #CallInTheExperts #IncreasedProfitability #BenefitfromourExperience👍

Exploring the Future of the North America Motorcycle Market: Industry Insights and Forecast (2024-2030) Get Free PDF: https://lnkd.in/dMEdbA33 Exciting times ahead for the North American Motorcycle Market! Our latest industry analysis reveals that the market, valued at $17.43 billion in 2023, is poised for steady growth with a CAGR of 1.19% through 2030. This comprehensive report delves into market segmentation by product type and engine capacity, offering insights into various motorcycle types from cruisers to sports bikes, and geographical trends across the US, Canada, and Mexico. #MotorcycleMarket #IndustryAnalysis #MarketForecast #NorthAmerica #MotorcycleIndustry #BusinessInsights #MarketResearch