ActionWatch Update: Pandemic Causes Massive Influx of New Surfers & Skaters
While 2019 can be considered a stellar year headed in the right trajectory, 2020 has been difficult from a YTD perspective. Clearly, challenges remain but there is some interesting news heading into 2021 that Patrik Schmidle from ActionWatch shared with me:
+ Massive influx of new surfers & skaters have fueled re-opening rebound
+ Fastest growing surf hardgoods are driven by beginning surfers
+ Large, high margin categories struggled...until September
+ Surf hardgoods are selling through at POS but not yet trickling down to apparel, footwear & accessories