MOSS ADAMS CAPITAL: Apparel and foowear market monitor highlights notable deals, stock prices and results.
Details on Industry Insight.
Snow equipment sales are struggling so far this season, with snowboard sales declining 8% in dollars through November, according to data released by SnowSports Industries America.
Sales at specialty stores declined 6% in dollars in the August-November period.
The clear winners again are online retailers, which saw sales rise 21% in dollars during this period and accounted for 20% of all equipment sales, the SIA said.
Overall, snow sales during the period were nearly even with last year and retailers appear to be working through inventory. Inventories were 5% lower in units and 3% lower in dollars than the same period last year.