Banner
Your Industry Trade Magazine

Outdoor USA Magazine

Home Financial Reports Outdoor Product Sales Growth Waits for Winter

Outdoor Product Sales Growth Waits for Winter

E-mail

On a slow rebound from stagnant August numbers, outdoor product retail sales growth increased at 2.3 percent in September to $820.6 million compared to $802.3 million for the comparable five-week period last year. This study, based on point-of-sale data compiled for OIA VantagePoint, shows sales through outdoor specialty channels down slightly, while sales through internet/catalog and department store channels showed signs of increase. The year-to-date growth averages 4.2 percent.

The hesitant growth has been attributed to this year’s warm Fall weather, lingering weakness in the economy and continued lack of consumer confidence. A Cold snap across much of the country during the first week of October led to a nearly 44 percent increase in Outdoor Apparel sales compared to the last week of fiscal September, suggesting that sales growth may be waiting for colder, wetter weather.

OIA members can access the OIA VantagePoint monthly trend report for September by logging in to www.outdoorindustry.org/vantagepoint.

Share on LinkedIn
 
Banner

Sponsor

Banner

Facebook

Joomla Templates and Joomla Extensions by ZooTemplate.Com

Sponsors

Banner
Banner
Banner