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Weakened Q1 for Specialty Tennis Retailers

With a decline in the average consumer confidence index from January to March 2013 over the same period of 2012 of nearly 5.5 index points, specialty tennis retailers felt the impact of waning consumer confidence on their sales of tennis racquets.  The average Consumer Confidence Index, which has typically been an economic indicator which helps predict trends and correlations in tennis industry equipment sales, was down to 62.1 in Q1 2013 from 67.5 in 2012. 

Tennis Continues to Lead Pack Among Traditional Sports In Participation Growth

In the recently released US Sports, Fitness, and Recreation Participation Report from the Physical Activity Council (PAC) — a consortium of six sports, recreation, and outdoor trade associations — despite fluctuating participation trends among traditional sports, tennis continues to lead the pack in long-term participation growth, which is up 31% from 2000-2012. 

Slack CCI, Poor Weather, Early Deliveries Contribute to Weak Q1

The first quarter of 2013 proved challenging for the tennis industry in terms of wholesale distribution from manufacturers and retail sell-through for specialty tennis retailers. These two trends are measured on a quarterly basis by the Tennis Industry Association’s Census Reports and Specialty Store Retail Audits.

Overall factors potentially impacting the declines seen in year-over-year comparisons include weakened consumer confidence, weather trends across the country, and early wholesale deliveries of racquet products from manufacturers in late 2012, which traditionally would have been delivered in early 2013.

PAC Study Shows Growth In Cardio Tennis

Cardio Tennis participation grew  and frequent player play occasions were up nearly 2%, while overall tennis participation remained flat, according to the Physical Activity Council's  (PAC) Annual U.S. Participation in Sports, Fitness, and Recreation report. The study, which surveys participation across 125 different sports, fitness and leisure activities, is the nation’s largest report on physical activity. The survey, conducted online with a sample size of more than 40,000, is supported by six sports, fitness, and recreation trade organizations.

Cost of Doing Business Retailer Report Now Available

Help benchmark your tennis retail business against industry averages with the latest research released by the TIA available to tennis retailers — the Cost of Doing Business Tennis Retailers Report. The report highlights key performance indicators for tennis retailers, such as gross margin percentages, stock turns, profit/loss estimates, revenue splits and more. 

TIA Research Reports Set for Release

Each year the TIA conducts and publishes more than 70 tennis industry research reports. As THE primary source of tennis industry research and market intelligence, TIA-produced research reports help industry businesses keep a pulse on the tennis market and key trends that impact their strategic decision-making process. The latest edition of the TIA State of the Tennis Industry is set for an early spring release and the Cost of Doing Business Tennis Retailer report is due to be released in early April.

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