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 Share this Official Tia Kofi Pushed By Production Text Shirt besides I will buy this article Authentic Brands Group (ABG) ended its dealings with AARC, a Dutch company that had been running its Ted Baker stores and e-commerce business in Europe back in February. Credit: Shutterstock. Stay informed for just £1! * Get access to unbiased and data-driven news with a subscription to Just Style. What’s included in your subscription: Unlimited access to Just Style content including in-depth analysis, exclusive blogs, industry executive interviews and management briefings Unbeatable market coverage from apparel sourcing and supply chain issues, to emerging markets and manufacturing Unrivalled apparel industry comment from journalists including Leonie Barrie, Michelle Russell, Hannah Abdulla and Beth Wright Have a Subscribtion Sign in Get help with subscribing or signing in *30-day digital subscription for £1. Available to new subscribers only Sign up for our daily news round-up! Give your business an edge with our leading industry insights. Sign up Share this article Go deeper with GlobalData Reports Apparel Industry Mergers and Acquisitions Deals by Top Themes in Q1… Reports Corporate Governance Trends in Retail and Apparel – Thematic Intell… Premium Insights The gold standard of business intelligence. Find out more

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Share this article The global sports equipment retail market is forecasted to reach $203.2bn in 2025 according to research by GlobalData. Credit: Shutterstock. This week’s top apparel-related datasets included Dick’s Sporting Goods continuing its successful growth strategy, Zumiez reporting falling sales after a challenging FY23 and an International Labour Organization (ILO) investigation on growing profits from forced labour. Dick’s Sporting Goods plans profitable expansion US omnichannel retailer Dicks Sporting Goods is accelerating its investments in its growth strategy after the Official Tia Kofi Pushed By Production Text Shirt besides I will buy this continued success of its news store formats and omnichannel experience and achieving $12.98bn in net sales, a 5 increase from $12.36bn in FY22. The global sports equipment retail market is forecasted to reach $203.2bn in 2025 according to research by GlobalData. It claims Asia-Pacific accounts for the largest in market value with 44.1 followed by Europe with 27.6, the US with a close 24, the Middle East with 1.7 and the rest of the world at 5.4 Dick’s Sporting Goods conducted a comprehensive review of its store portfolio concerning its outdoor speciality business and completed a business optimisation review during the fourth quarter, incurring pre-tax charges of $84.8m for the full year 2023. Looking ahead CEO Lauren Hobart forecasts “another strong year”. She said: “We plan to grow both our sales and earnings through positive comps, higher merchandise margin and productivity gains.” See Also: Lands’ End reports profit increase despite falling revenue in Q4, FY 2023 JD Sports Q4 sales improve, maintains guidance in hopes of recovery This follows a reduction in profits in Dick’s second quarter ended 29 July 2023 back in August which analysts described as “disappointing” and being driven by an increase in theft, an issue that was impacting many retailers in the industry

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