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- Weekly Newsletter - 15.08.2024
Weekly Newsletter - 15.08.2024
Explore Primark X Kappa's Hot New Sportswear Collection and Dive into Gymshark’s Big Move with Whitney Simmons as Creative Director
THE LATEST IN ATHLEISURE NEWS
Your competitors are crushing it on TikTok, are you?
Have you finalized your marketing budget for the upcoming peak shopping season? Before you commit, consider this: TikTok has proven to be a game-changer in the eCommerce space that marketers cannot afford to ignore.
Every athleisure marketer dreams of maximum visibility and conversions during peak shopping periods. While this goal remains constant, the playing field is evolving rapidly.
Numerous brands have already tapped into TikTok’s potential. In fact, Fospha reports that TikTok commands an average of 10% of its customers’ marketing budgets, a clear indicator of its growing significance.
What makes TikTok unique is its ability to attract new customers - 70% of purchases driven by TikTok come from first-time buyers. To truly leverage this platform, brands must create trend-driven and organic-in-appearance content that authentically resonates with TikTok's vibrant culture.
However, measuring the true impact of TikTok presents a challenge. Traditional metrics often undervalue its contribution to a brand's overall success. Fospha’s analysis suggests that TikTok deserves 22X more credit than traditional methods suggest.
This dynamic platform has the power to drive exceptional results for your brand if you adopt a strategic approach and refine your measurement techniques.
We’re curious to know how much of your marketing budget you’re planning to allocate to TikTok Ads for the upcoming peak seasonShare your thoughts with us 👇 |
OUTDOOR FASHION INDUSTRY
Primark and Kappa Unveil New Sportswear Collection
Primark X Kappa
Primark has teamed up with Italian sportswear giant Kappa to unveil a 30-piece collection that seamlessly blends high-performance sportswear with contemporary fashion trends. This exciting range, set to hit Primark stores across 16 markets this month, includes a variety of items from hoodies and seamless sets to accessories for both women and men. Designed with breathability and moisture-wicking technology, the collection offers casual options like half-zip sweatshirts and shirts, as well as activewear pieces such as seamless co-ords and unitards.
The collaboration extends beyond gym essentials, featuring a wide array of accessories including weekender and cross-body bags, sliders, and socks. Prices are accessible, starting at $6 for accessories and going up to $33 for clothing. Primark, which entered the licensed clothing market in 2011 with its Disney range, views this partnership as a significant step in expanding its sports license offerings. Sarah Jackson, Primark's director of licensing, expressed her excitement about the collaboration, emphasizing the blend of comfort and functionality in the new range.
Kappa CEO Davide Piccolo echoed this enthusiasm, highlighting the opportunity to engage with the Gen Z audience by merging Kappa's sportswear heritage with Primark's global reach. He noted that this capsule collection aims to deliver innovative and stylish activewear that resonates with young people. This partnership marks the beginning of what both companies hope will be a fruitful collaboration, bringing more affordable and trendy choices to consumers.
As Primark continues to grow its sports license ranges, this collaboration with Kappa represents a strategic move to capture the dynamic and ever-evolving market of sportswear. The collection not only underscores Primark's commitment to offering high-quality, affordable fashion but also positions both brands to leverage contemporary trends and meet the demands of a younger, style-conscious audience.
Gymshark
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