
There has been so much hype around the soaring activewear market over the last few years, thanks to major shifts in consumer lifestyles.
In search of new headlines, the media chases signs of activewear’s bubble bursting, scouring the runways for evidence of dwindling athleisure references.
That in itself muddies the real truth behind activewear. First up, forget athleisure – that’s a trend inspired by the consumer shifts. It’s a trend that is still around, sure, but this isn’t where retailers should be focusing their energies.
Instead –as active lifestyles are here to stay– it’s apparel that is actuallymade for movement that is where we should all be digging.
According to Global Industry Analysts Inc., sports and fitness apparel clothing will reach $231.7 billion worldwide by 2024.
In getting there, how has the activewear market changed over the years, and where will it go next? Here is how a sample of ‘traditional’ sports retailers have increased their assortment over the last two years:
If we look at how much product was in stock at the close of last quarter (Oct 1 – Dec 31 2017) compared to the same period in 2015, we can see a 33% climb.
But the reality is that this is a market taking steps forward alongside its consumer. There is clear growth, though it’s not happened suddenly or impulsively.
Where there has been eyebrow-raising growth is at those retailers not typically known for their sports offering. Retailers like Topshop, H&M and Forever 21, as well as those like Net-a-Porter and Matches.