Sportswear brands hope for Brazil sales bounce

First-quarter sales figures indicate that domestic sportswear brands are showing signs of recovery, and companies expect further growth this summer to come from the 2014 FIFA World Cup.

A group of domestic athletic apparel manufacturers announced first-quarter sales and the scale of orders in the fourth quarter, both of which have witnessed an increase.

Peak Sport Products Co Ltd, one of the main players in the sportswear industry, which held its sales fair for the fourth quarter in April, said fourth-quarter sales rose between 10 and 20 percent compared with the same period of the previous year.