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Activewear is a Growing Fad for Millennials


News provided by

FinancialBuzz.com

24 Oct, 2016, 12:50 GMT

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NEW YORK, October 24, 2016 /PRNewswire/ --

http://www.Financialbuzz.com - Currently, millennials make 25 percent of the population with an annual buying power of $200 billion. Most businesses view this as an opportunity targeting them based on modern trends. A particular industry which they have already made a predominant impact on is the health and fitness industry. They've changed both the fitness industry and the general impression of what it means to be fit and healthy. Millennials' distinctive approach to health has elevated the evolution of advanced fitness movements, health-focused boutiques and eateries, and alternative medications. Studies show that physical activity provides long-term health benefits for everyone. It's never too late to push-start a healthy lifestyle. Exolifestyle Inc. (OTC: EXOL), Nike Inc. (NYSE: NKE), Lululemon Athletica Inc. (NASDAQ: LULU), Under Armour Inc. (NYSE: UA), Gildan Activewear Inc. (USA) (NYSE: GIL).

The amount of health club affiliations in general has developed, as more individuals have incorporated fitness as an essential obligation in their everyday lives. At the sametime, the gym-going demographic has spurred demand for health club memberships mostly amongst individuals between the ages of 20 to 65. Top fitness activities such as CrossFit has upscale the world of fitness to another level. Support gear by aiding athletes in order to lift more, lift longer by decreasing the chance of injuries, move faster and grow stronger are drawing attention in the market right now.

From engaging in high standing on quality that meets the values of its consumers, to its commitment of being ahead of the latest fashion trends, Exolifestyle Inc. (OTCQB: EXOL) drives the boundaries of where fashion meets function. The founder of EXOL, Sloane McComb, has shaped a mark for the functional fitness industry while creating brand new and original ways to propagate EXO's consumer base through the business's discrete product range.

The company's main product "Exosleeve" is compression knee sleeves with different custom designs for active wear that has been a growing brand of choice in the athlete global consumer market for the past several years. It provides valuable compression by increasing blood flow and decrease pain in the athlete. Compression is vitally important as it facilitates below through the knee aiding better recovery. Exosleeve comes in a variety of colors at a reasonable, modest price giving athletes more choices in selecting more than just one in particular. The Exosleeve is created with anti-microbial material which significantly decreases the ability of microorganisms to develop on the material, thus making a lengthier use for the athlete, and an improved way to train.

EXO is the brand of choice for many well-known elite level fitness athletes, such as Brooke Ence, Elijah Muhammad, Lauren Brooks, and Noah Ohlsen and Olympic weightlifters who perform on world and national stages. EXO's products are utilized in functional athletic fitness, powerlifting, Olympic weightlifting, endurance training, boot camps, circuit training programs, and strength training protocols, and are sold in brick and mortar stores in the U.S.

Under Armour Inc. (NYSE: UA) recently made an announcement to officially reveal Steph Curry's third signature sneaker, the Under Armour Curry 3. UA announced that the Curry 3 incorporates the brand new fabric technology, Threadborne. Threadborne™ is a new technology developed by Under Armour's innovators after inspecting a parachute, specifically paracord, a sturdy piece of material that is at the core of the equipment. Inside the paracord, Under Armour discovered ultra-durable yarns and reconstructed them into a fabric by braided threads covering a corded panel bringing incomparable lightweight guiding power and maintenance.

Gildan Activewear Inc. (USA) (NYSE: GIL) is delighted to announce that the company is now associated with the Cotton LEADS™ program.  This program is dedicated to the use of top practices and traceability in the cotton supply chain. "Gildan is well-known for its commitments to quality apparel and to responsible manufacturing," says Mark Messura, Senior Vice President of Supply Chain Marketing at Cotton Incorporated.  "As such, they have firsthand knowledge of the environmental gains that cotton growers, represented by the Cotton LEADS™ program, continue to achieve."

Nike Inc. (NYSE: NKE) recently reported fiscal 2017 financial results for its first quarter ended August 31, 2016. Solid global demand drove double-digit currency-neutral revenue growth worldwide in the first quarter and 6 percent revenue growth in North America. Revenues for the company rose 8 percent to $9.1 billion, up 10 percent on a currency-neutral basis. International futures orders for Nike Brand athletic footwear and apparel arranged for distribution from the month of September through the beginning of 2017 has totaled $12.3 billion, making it 5 percent higher than orders reported for the same period last year, and 7 percent higher on a currency-neutral basis.

New foreign worker rules might force Lululemon Athletica Inc. (NASDAQ: LULU) headquarters out of Canada, which will be troubling for 1,200 of its employees if the company does not get an exemption. The company said it needs to recruit specialized talent from other countries to be able to compete. The exemption would allow them to avoid filing a labour market impact assessment application which would make it easier for them to hire foreign workers. The clothing company claims there is a shortage of talent in the Canadian market. Lululemon makes technical athletic clothes for yoga, running, working out, and most other sweaty pursuits.

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About FinancialBuzz.com    

FinancialBuzz.com, a leading financial news informational web portal designed to provide the latest trends in Market News, Investing News, Personal Finance, Politics, Entertainment, in-depth broadcasts on Stock News, Market Analysis and Company Interviews. A pioneer in the financially driven digital space, video production and integration of social media, FinancialBuzz.com creates 100% unique original content. FinancialBuzz.com also provides financial news PR branding, marketing and advertising for third parties for disseminating news and original content through our unique media platform that includes Newswire Delivery, Digital Advertising, Social Media Relations, Video Production, Broadcasting, and Financial Publications.

Please Note: FinancialBuzz.com is not a financial advisory or advisor, investment advisor or broker-dealer and do not undertake any activities that would require such registration. The information provided on http://www.FinancialBuzz.com (the "Site") is either original financial news or paid advertisements provided [exclusively] by our affiliates (sponsored content), FinancialBuzz.com, a financial news media and pr marketing firm enters into service agreements with the companies which are the subject to the articles posted on the Site for advertising such companies. Financialbuzz.com has been compensated six thousand dollars for financial news pr services by a non-affiliated third party for exolifestyle inc. We are not an independent news media provider and therefore do not represent or warrant that the information posted on the Site is accurate, unbiased or complete. FinancialBuzz.com receives fees for producing and presenting high quality and sophisticated content on this site along with other financial news pr media services. Our fees may be either a flat cash sum or negotiated number of securities of the companies featured on this site, or a combination thereof. The securities are commonly paid in segments, of which a portion is received upon engagement and the balance is paid on or near the conclusion of the engagement. FinancialBuzz.com does not undertake to update any of the information on the Site or continue to post information about any companies the information contained herein is not intended to be used as the basis for investment decisions and should not be considered as investment advice or a recommendation. The information contained herein is not an offer or solicitation to buy, hold or sell any security. FinancialBuzz.com, members and affiliates are not responsible for any gains or losses that result from the opinions expressed on the Site, company profiles, quotations or in other materials or presentations that it publishes electronically or in print. Investors accept full responsibility for any and all of their investment decisions based on their own independent research and evaluation of their own investment goals, risk tolerance, and financial condition. FinancialBuzz.com. By accessing this website and any pages thereof, you agree to be bound by the Terms of Use and Privacy Policy, as may be amended from time to time. None of the content issued by FinancialBuzz.com constitutes a recommendation for any investor to purchase, hold or sell any particular security, pursue a particular investment strategy or that any security is suitable for any investor. This publication is provided by FinancialBuzz.com. Each investor is solely responsible for determining whether a particular security or investment strategy is suitable based on their objectives, other securities holdings, financial situation needs, and tax status. You agree to consult with your investment advisor, tax and legal consultant before making any investment decisions. We make no representations as to the completeness, accuracy or timeless of the material provided. All materials are subject to change without notice. Information is obtained from sources believed to be reliable, but its accuracy and completeness are not guaranteed. For our full disclaimer, disclosure and Terms of Use. Please visit: http://www.financialbuzz.com

For further information:

Media Contact: Danny A, info@financialbuzz.com , +1-877-601-1879

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