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Retailers Rake In Big Money Ahead Of Pacquiao-Mayweather 'Megafight'

Sales of Manny Pacquiao boxing gear and effects "have soared as much as 10 times ahead of his May 2 megafight with Floyd Mayweather, with Philippine retailers struggling to cope with demand from fans snapping up any paraphernalia they could find," according to Rosemarie Francisco of REUTERS. Online and front-end retailers "are seeing record sales of Pacquiao T-shirts, boxing gloves, figurines, caps and jackets, with buyers stocking up on items they believe could at least double in value if he wins." Carole Lynn Yap-Tan, who has been selling Pacquiao items online for four years, said, "Many are buying because prices might rise further if Manny wins. So, while the fight is still days away, they are already buying these items." Yap-Tan said that her sales via eBay "have jumped 10 times since February when the megafight" was confirmed. Yap-Tan said that prices of Pacquiao-autographed boxing gloves, "the best-selling item," have also risen at least 50%, with buyers coming mostly from the U.S., and a few from Australia, Canada and the U.K. Team Pacquiao store, owned by the boxer himself with branches in Manila and the southern Philippine city of General Santos, "has seen its sales nearly triple." Team Pacquiao sales representative Honey Gervacio: "If we only had more stocks, we could report more sales" (REUTERS, 4/25).

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