, APAC
Photo by Ketut Subiyanto by Pexels

Rising interest in women’s sports boosts sportswear sales

This trend is fueled by high-profile events like the FIFA Women’s World Cup and WNBA games.

The growing popularity of women’s sports has driven a surge in sales of women’s sportswear, with these products outperforming men’s sportswear over the past five years, the Euromonitor International reported.

Women's sportswear experienced a compound annual growth rate (CAGR) of 5% from 2018 to 2023, compared to 3% for men’s sportswear.

This trend is fueled by high-profile events like the FIFA Women’s World Cup and WNBA games, which have increased viewership and media coverage.

The FIFA Women’s World Cup 2023 set records for ticket sales, broadcast figures, and merchandise, with nearly 54 million viewers in China for one match alone.

Brands are capitalising on this growth with sponsorships and new product lines. Nike and Adidas, for example, are leading with significant sponsorship deals in top women’s football leagues. Additionally, the rise of sports like pickleball has led brands like lululemon to offer specialised apparel and partner with fitness centers.

Sportswear brands are also addressing underserved markets. Muslim women, a group of approximately 800 million, are seeing new sportswear options like sports hijabs from brands including REYD and PUMA

Innovations for menstrual and menopause needs are emerging as well, with products like period-proof leggings and moisture-wicking fabrics gaining traction.

Despite these advancements, gender disparities in sports science and health remain. Brands and organisations are increasingly investing in female-specific research and support, with initiatives like ASICS’s running program and lululemon’s "FURTHER" project focusing on women’s unique challenges.

Swarovski menguasai TikTok untuk perluas skala luxury di kalangan Gen Z

Produsen Kristal asal Austria ini bekerja sama dengan influencer untuk menjangkau pasar Singapura.

Dear Me Beauty berencana membuka flagship store

Store ini dapat menjadi fondasi bagi pertumbuhan pasar yang lebih luas.

Pasar perawatan hewan peliharaan melejit di Singapura

Mereka menghabiskan uang untuk pelajaran renang, yoga hewan, pilates, dan lainnya.

Jaringan makanan cepat saji asal Cina membidik listing di Hong Kong

Mereka menggunakan kota ini sebagai tempat uji coba untuk ekspansi lebih lanjut ke luar negeri.

Turis dari Shenzhen mendorong permintaan ritel di Hong Kong

Kebijakan masuk yang lebih longgar menguntungkan sektor-sektor terkait pariwisata.

Brand Thailand beralih ke Influencer dalam membuat hype dan meningkatkan profit

Bisnis lokal berada di bawah tekanan untuk bersaing dengan Temu, Shein, dan TikTok Shop.

Lebih banyak peritel di Asia Tenggara melirik kasir self-checkout

Shopper muda dan penetrasi smartphone yang tinggi mendorong tren ini.

‘K-beauty’ menguasai dunia skincare

Produk dengan bahan alami Korea sangat diminati di Cina dan AS.