Sportswear Brands in 1Q23: High Costs and Promotions Erode Margins, but Key Brands Remain Positive for Full-Year 2023

What's Inside

We examine the first-quarter earnings releases of six sportswear brands or brand owners to gain valuable insights, including the impact of the Yeezy line at Adidas, and offer forward-looking implications on pricing, inventory clearance and supply chain management.

Companies featured are those within our Coresight 100 coverage list, our watch list of key brands and retailers.

Data in this research report include:

• Revenues and gross margins of selected sportswear brands in the first quarter of 2023
• Inventories of selected sportswear brands at the end of the first quarter of 2023
• Apparel and footwear sales of selected sportswear brands in the first quarter of 2023

Companies mentioned in this report include: Adidas, Columbia Sportswear, Puma, Skechers and Under Armour

Other relevant research:

• US Sportswear Retail: Multibrand Retailers Confront DTC Threats
• Experiential Retail in Sportswear: Driving In-Store and Online Shopper Engagement
• Head-to-Head in China’s Sportswear Market: Anta vs. Li-Ning
• The Coresight 100 List