SPORTSWEAR RETAILERS STRUGGLE TO OVERCOME INTENSE INVENTORY PROBLEMS

The international sportswear industry is trying to develop new strategies, often using ultramodern technology, to deal with continued inventory challenges, overstocking and demand volatility - particularly intense in recent years. In a January 2024 report, 'Time to move: Sporting goods 2024’ (1), New York, US-based global management consulting firm McKinsey & Co and the Berne, Switzerland-based World Federation of the Sporting Goods Industry (WFSGI) noted that sportswear companies “continued to struggle with inventories” in 2023, largely due to ...


Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.