Bel articolo di fine 2019....…..vedremo
The owner of the Tony Hawk brand is bullish about growth prospects for the skateboard industry over the next five years.
Apex Global Brands (formerly Cherokee Global Brands) told investors that the skateboard industry is expected to grow at a compound annual growth rate of 3.1% over the next five years totaling $2.4 billion by 2024.
The company cited data from Grand View Research, a U.S.-based market research and consulting company.
The Tony Hawk brand was a highlight of Apex’s earnings report because the brand is expanding in Asia thanks to a new licensing agreement with United Trademarks Group, a retailer and wholesaler.
The deal covers China, Japan and S. Korea with new products introduced to those markets in the summer of 2020.