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- Weekly Newsletter - 09.19.2024
Weekly Newsletter - 09.19.2024
PLUS: Digital Marketing Trends for 2024 & Shai Gilgeous-Alexander’s Sneaker Deal
THE LATEST IN ATHLEISURE NEWS
DIGITAL MARKETING
New Report Reveals Essential Digital Marketing Trends for 2024
Fospha's latest report, "The State of E-Commerce H2 2024", reveals crucial trends that will shape your marketing strategy. What's inside:
📱 How the major platforms' KPIs have trended in 2024, and where you should be investing.
🚀 How to access Paid Social's huge scaling potential.
✨ The most effective Google channel of 2024.
🎯 Full-funnel strategies for Meta, TikTok and Snapchat
Let's break down the platform-specific insights:
TikTok: Emerging as a powerhouse for efficient new customer acquisition
Meta: Maintaining strong performance with competitive CAC
Snapchat: Experiencing rapid growth, particularly effective during peak shopping periods
These findings underscore how impactful platforms like Meta, TikTok and Snapchat continue to be for driving sales - yet how underinvested they remain. It's incredible to see that brands can triple spend in Paid Social before becoming unprofitable. Success now lies in diversifying across the entire funnel, understanding the nuances of each platform, and continuously optimizing to unlock more scaling potential.
NEW COLLECTION LAUNCH
Tiger Woods Expands Sun Day Red Line to Include Golf Polos
Tiger Woods has expanded his Sun Day Red collection to include a new line of golf polos, launching today. The 14 classic-fit shirts are part of the Sun Day Red Heritage line, designed to maximize swing radius while offering a blend of slim and roomy fits. Woods emphasized a slightly longer tail to ensure the shirt can be tucked in without bulkiness. These polos are intended to pair with Sun Day Red's Dynam pants, featuring a silicone-banded waistband to keep the shirt tucked in, a requirement on many golf courses.
The shirts are crafted from polyester-spandex fabrics, providing stretch and water resistance. They also include collar stays for proper positioning and pearl buttons, with the top button designed to be left undone. Woods personally tested multiple versions to achieve the ideal balance of lightweight and absorbency, suitable for various playing conditions. Each design features the Sun Day Red logo, a leaping tiger with 15 stripes, symbolizing Woods' major wins. The shirts will retail for $115.
Woods launched Sun Day Red in May after ending a 27-year partnership with Nike. The brand, developed in collaboration with TaylorMade, is marketed as an athluxury line of golf, training, and lifestyle apparel. Initially focusing on menswear, the collection plans to expand into womenswear, footwear, and kids' collections, available exclusively on SunDayRed.com. This strategic move highlights Woods' commitment to innovation and quality in golf apparel.
MARKETING STRATEGY
Virgin Active Challenges Fitness Influencers with Bold Campaign
Virgin Active's new campaign, "Leave The Cult, Join The Club" challenges toxic wellness trends and fake fitness influencers. Created by We Are Pi, the campaign features a gritty 50-second spot and will run across multiple platforms globally. The message: embrace genuine fitness and wellbeing at Virgin Active gyms.
WPP and Coca-Cola topped the 2024 Cannes Lions creative charts, with Coca-Cola winning 17 awards. WPP was named Creative Company of the Year. Heineken and Apple followed in the rankings. The United States was the most creative country. The LIONS Creativity Report highlights impactful creativity driving growth.
SPORTS INDUSTRY
Shai Gilgeous-Alexander: The New Face of Converse Basketball
Converse
Shai Gilgeous-Alexander, nearing the end of his Converse deal, will remain the brand's face and Creative Director. The NBA star, who had an MVP-caliber season, will launch his own sneaker line in 2025. Shai's journey from Kentucky to the Thunder highlights his elite talent and marketability.
MARKETING STRATEGY
The North Face Celebrates Extreme Sports in New Ad Campaign
The North Face
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