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• In conjunction with the official grand opening of its Americas headquarters, Bridgestone Americas, Inc. and the Nashville Predators unveiled an additional five-year extension for the naming rights agreement for Bridgestone Arena, home of the Nashville Predators. Initially signed in March 2010, the extended terms now ensure Bridgestone naming rights through 2025. Financial terms were not shared.
• Research, marketing and consulting firm NewZoo, San Francisco, has increased its estimate of the market size for global games for 2016-20 “based on an even stronger performance than anticipated in the first three quarters of the year. NewZoo now says that the global games market would generate $116 billion in game software revenues, $7.1 billion higher than previously estimated and nearly 11% growth vs. 2016. The firm now estimates that the category will hit $143.5 billion in 2020.

• Univision Deportes said it would conclude the year as the “leading sports brand delivering the most soccer viewing in the country throughout 2017.” Univision Deportes said this past year it earned the highest share of soccer viewing in the U.S. among 29 networks broadcasting live soccer, claiming over 40% of all viewing across the networks of Univision. It also said it led the industry by “broadcasting 19 out of 20 top-rated club soccer matches in 2017, regardless of language.”
• The NBA has named Indianapolis as the site for the 2021 All-Star Game, to be played in Bankers Life Fieldhouse on Feb. 14. The next three NBA All-Star Games are: Los Angeles (Staples Center, Feb. 18, 2018), Charlotte (Spectrum Center. Feb. 17, 2019) and Chicago (United Center, Feb. 16, 2020). Cleveland said it would seek to host the 2022 game, which would be the 70th All-Star Game in league history.

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Top-Selling NBA Jerseys Dick's Sporting Goods (Season to Date)

1. LeBron James Cleveland Cavaliers
2. Stephen Curry Golden State Warriors
3. Kevin Durant Golden State Warriors

4. Russell Westbrook Oklahoma City Thunder
5. Joel Embid Philadelphia 76ers
6. Kristaps Porzingas New York Knicks
7. Giannis Antetokounmpo Milwaukee Bucks

8. James Harden Houston Rockets
9. Ben Simmons Philadelphia 76ers
10. Isaiah Thomas Cleveland Cavaliers
11. Kawhi Leonard San Antonio Spurs
12. Gordon Heyward Boston Celtics
13. Kevin Love Cleveland Cavaliers
14. Karl-Anthony Towns Minnesota Timberwolves
15. Al Horford Boston Celtics

SOURCE: DICK'S SPORTING GOODS

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TOP SEARCHES IN U.S. ON GOOGLE 2017

Lists are based on search terms that had a high spike in traffic in 2017 as compared to 2016.
Athletes
1. Floyd Mayweather
2. Gordon Hayward
3. Aaron Boone
4. Paul George
5. Tony Romo
6. Aaron Judge
7. Gonzo Ball
8. Carmelo Anthony
9. Sergio Gracchia
10. Isaiah Thomas

Professional Sports Teams
1. New York Yankees
2. Houston Astros
3. Boston Celtics
4. Los Angeles Dodgers
5. Atlanta Falcons
6. Dallas Cowboys
7. New England Patriots
8. Pittsburgh Steelers
9. Houston Rockets
10. Philadelphia Eagles

SOURCE: GOOGLE

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Let us not seek the Republican answer or the Democratic answer, but the right answer. Let us not seek to fix the blame for the past. Let us accept our own responsibility for the future.
Read more at http://www.brainyquote.com/quotes/quotes/j/johnfkenn121400.html#46Ul8rBF4XpB4lo0.99
Let us not seek the Republican answer or the Democratic answer, but the right answer. Let us not seek to fix the blame for the past. Let us accept our own responsibility for the future.
Read more at http://www.brainyquote.com/quotes/quotes/j/johnfkenn121400.html#JZxA5jXY4rCwemgZ.99
Let us not seek the Republican answer or the Democratic answer, but the right answer. Let us not seek to fix the blame for the past. Let us accept our own responsibility for the future.
Read more at http://www.brainyquote.com/quotes/quotes/j/johnfkenn121400.html#JZxA5jXY4rCwemgZ.99
Let us not seek the Republican answer or the Democratic answer, but the right answer. Let us not seek to fix the blame for the past. Let us accept our own responsibility for the future.
Read more at http://www.brainyquote.com/quotes/quotes/j/johnfkenn121400.html#46Ul8rBF4XpB4lo0.99
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Saturday
Oct222016

Led By NFL, MLB, Licensed Sports Merchandise Market To Top $48B By 2024

By Barry Janoff

October 20, 2016: Citing a "growing consumer base and huge market potential," the global licensed sports merchandise market is expected to witness “considerable growth” in the next few years.

Led by such companies as adidas, Nike, Under Armour, VF Corp., G-III Apparel, Dick's Sporting Goods, Jarden, Knight Apparels, New Era Cap and Great American Products, the market will grow from $27.6 billion in 2015 to $48.2 billion by 2024, according to a new report from Transparency Market Research, Albany NY.

However, the report warns that sales of counterfeit sports merchandise is a much larger market, topping $960 billion last year.

From a geographical perspective, North America "dominated the global licensed sports merchandise market" in 2015, accounting for a nearly 54% of the global licensed sports merchandise market's revenues. The demand for licensed sports merchandise is "chiefly driven by the rising popularity of sporting leagues and their increasing fan bases."

The NFL and MLB together account for nearly 50% of the North America licensed sports merchandise market in terms of revenue, followed by the NBA.

The region is also expected to "retain dominance over the forecast period in terms of revenue contribution to the global market, but is likely to lose prominence to Asia Pacific in terms of growth rate," according to Licensed Sports Merchandise Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016-2024 from Transparency Market Research.

However, in what the firm calls the highly competitive global market for licensed sports merchandise, "the introduction of innovative and technologically advanced products is key to growth and increased consumer adoption rate."

Such product categories as smart clothing — which include workout gear capable of monitoring vital workout signs, reactive materials or fabrics, and wearable devices  have "changed the consumer perception about sports merchandise by leaps and bounds," per Transparency Market Research.

North America is expected to retain dominance over the forecast period in terms of revenue contribution to the global market. However, the study indicates that the region is likely to lose prominence to Asia Pacific in terms of growth rate.

According to Transparency Market Research, "The rapid expansion of the Internet and the growing acceptance of e-commerce as a safe and viable alternative to traditional bricks-and-mortar retailing have supported growth of the licensed sports merchandise market in countries such as India and China."

Unfortunately for companies that product officially licensed products, counterfeit products such as T-shirts, jerseys and hats "has increased at a significant rate in the global market in the past few years."

The worldwide sales of counterfeit products reached upward of $960 billion worldwide in 2015.

"The rising problem of piracy of sports products is likely to pose a serious threat to the licensed sports merchandise market, which in turn is projected to restrain the global licensed sports merchandise market in the next few years," according to Transparency Market Research.

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