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IndyCar Series 2017 Schedule
• Firestone Grand Prix St. Petersburg March 12
• Toyota Grand Prix Long Beach April 9
• Honda Indy Grand Prix Alabama April 23
• Phoenix Grand Oriux May 13
• IndyCar Grand Prix May 13
Indy 500 May 28
• Chevrolet Detroit Grand Prix 1 June 3
• Chevrolet Detroit Grand Prix 2 June 4
• Rainguard Water Sealers 600 June 10
• Kohler Grand Prix Elkhart Lake WI June 25
• Iowa Corn 300 Newton July 9
• Honda Indy Toronto July 16
• Honda Indy 200 Mid-Ohio Lexington July 30
• ABC Supply 500 Long Pond PA Aug. 20
• Bommarito Automotive Group 500 Madison IL Aug. 26
Grand Prix At The Glen NY Sept. 3
• GoPro Grand Prix Sonoma CA Sept. 17

Source INDYCAR

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iSpot Top Ten Spenders Past Week (March 13-19/Lead Spot)

*NCAA Official Partner
• Geico ($27.2M) Hail Caesar Salad
• AT&T Wireless* ($19M) Unbelievable
• Verizon ($17.5M) Drop the Metrics
• NCAA* ($16.5M) Opportunity
• Coca-Cola* ($15.5M) Love Story
• Allstate* ($15.4M) Sarah, I Love You
• Progressive ($15M) Get Their Attention
• Capital One* ($14.4M) Clapper
• State Farm ($14M) Following
• Taco Bell ($13.4M) Work Emails
Source iSpot.TV

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NYSportsJournalism.com + Topic Of Requested Search

Topps Now: Team USA 2017 WBC Champions (March Mad Ads Below)

COLLEGE

Coaches Make ACS Call
NCAA Plans '18 Final 4
Final Four '22 In NOLA
Cancer Drives Home
Nissan House Open

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
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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