Brands Missing Out on $4 Billion Women’s Sports Merch Market

Date:

Share:

Looking ahead, Robertson points to the shirts that Esther Wallace created for Playa Society, crossing out the “female” in “female athlete” and the work that Alex Taylor’s Hoop York City women’s basketball community has done with Adidas as models for the work Togethxr wants to do through a combination of women’s sports merchandise and data.

“We’re going to be very intentional about what we do with our merchandise going forward: the quality of it, the tentpoles in which we drop, and how and why we seed these products,” Robertson said. “We could easily go mass distribution, big box, but I think for us, being curative and having a story behind every single line is as important as the product itself.”

Throughout the process, Robertson has learned lessons about the supply chain, wholesale manufacturing, distribution, customs for international shipping, margins and other intricacies of the merchandise business. Ruggiero, meanwhile, noted that Sports Innovation Lab went from trying to convince people there was a market for women’s sports four years ago to persuading major players in the apparel market to scale up their women’s sports investment and prioritize it. 

But as Robertson and Ruggiero learned at Cannes Lions, change is coming. Ruggiero was on five panels that all addressed women’s sports and pent-up demand. Robertson, meanwhile, saw men at Nice’s Côte d’Azur Airport in Caitlin Clark’s No. 22 Indiana Fever gear.

“The market isn’t there yet. … You’re going to have to take a bet that the market will explode, like we predicted,” Ruggiero said. “But any big business outside of sports is always investing in new markets, new categories—they’re investing in the future. And that’s really what I’m predicting in this report.”

[ad_2]

Source link

Subscribe to our magazine

━ more like this

Fire Watch Guard Duties: What They Actually Do When Safety Is on the Line

If your fire alarm system goes down in a commercial building, you don’t get to wait and see what happens. In most U.S. cities,...

Sports Betting Reddit Trends: What Smart Bettors Are Doing Differently

Introduction Over the past few years, Reddit has become one of the most active platforms for bettors looking to improve their strategies. What started as...

The Rise of Specialist Executive Recruitment Firms in the UK

Finding the right senior leader has never been easy. But in today’s fast-moving UK business environment, it has become even harder. Companies face rapid digital...

Why Non-Executive Directors Are Essential for Strong Governance and Business Growth

Did you know that companies with effective non-executive directors (NEDs) can outperform their competitors by up to 20%? This remarkable statistic underscores the vital...

What Canadian Bettors Look for in a Great Sports Betting Experience

What Canadian Bettors Look for in a Great Sports Betting Experience Sports betting has grown quickly across Canada. From casual fans placing weekend wagers to...
Situs Toto
situs toto situs togel toto bo togel situs toto situs toto