basicpress.com
the stock market capitalization of the global sporting goods industry sector increased by 10.1 percent in terms of local currencies in 2018, in contrast with major declines in stock indexes worldwide, especially toward the end of the year. The sporting goods industry continued to outperform the general economy, reaching a level of $381.9 billion for the 81 companies that we track in our annual survey, but last year’s growth from the rate of 19.3 percent that it had recorded for 2017.accounting for nearly 30 percent of the industry’s total value, nike helped the whole sector with a stock market capitalization that rose by 13.3 percent to $117.7 billion in 2018. Its market value was more than twice as high as that of the industry’s n° 2 player, adidas, which grew by 7.2 percent to $41.9 billion, followed at a distance by vf corp., lululemon, shimano and anta sports products.
for various reasons, more impressive increases were recorded by companies like lululemon (63.1%), amer sports (63.4%), fila korea (227.9%) and crocs (97.1%).
They were among the 23 stocks worth more than $1 billion that were positive for the year.
Only 19 others were negative, mostly with relatively low rates of decline.
by contrast, only seven of the 38 stocks valued under $1 billion were positive for the year, including clarus corp., parent of black diamond, and [font=inherit !important]basicnet. Sequential brands, netshoes and iconix brand group came down most strongly, falling to the bottom of the pile.[/font]
m.i.n.c.h.i.a.