𝐒𝐩𝐨𝐫𝐭𝐬, 𝐅𝐢𝐭𝐧𝐞𝐬𝐬 & 𝐎𝐮𝐭𝐝𝐨𝐨𝐫𝐬: 𝐀𝐭𝐡𝐥𝐞𝐭𝐢𝐜 𝐒𝐡𝐨𝐞 𝐀𝐜𝐜𝐞𝐬𝐬𝐨𝐫𝐢𝐞𝐬 𝐅𝐨𝐫 𝐌𝐨𝐫𝐞 𝐈𝐧𝐟𝐨 𝐂𝐥𝐢𝐜𝐤 𝐇𝐞𝐫𝐞 @https://lnkd.in/dE2_miDw 𝐀𝐭𝐡𝐥𝐞𝐭𝐢𝐜 𝐟𝐨𝐨𝐭𝐰𝐞𝐚𝐫 refers to those shoes that are designed for sports and other outdoor activities. The global consumption volume indicates a trend of these being used as casual and fashion footwear by people of all age groups. The market offers a variety of footwear with options in color, design, and price to cater to the needs and purchasing abilities of individual customers. Sales expansion through online channels, innovative product launches, and attractive marketing and promotional strategies that are adopted by companies led to rise in growth of the athletic footwear market size. The market is highly competitive with players making huge investments in marketing channels and brand building. This highlights their presence and helps establish their brand value to attract an increased volume of consumers. 𝐌𝐚𝐫𝐤𝐞𝐭 𝐕𝐚𝐥𝐮𝐞 𝐨𝐟 𝐀𝐭𝐡𝐥𝐞𝐭𝐢𝐜 𝐅𝐨𝐨𝐭𝐰𝐞𝐚𝐫 The athletic footwear market was valued at $109.7 billion in 2020, and is projected to reach $165.0 billion by 2030, registering a CAGR of 4.2% from 2021 to 2030 𝐌𝐚𝐣𝐨𝐫 𝐤𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬: Asics Corporation, Adidas AG, Puma, VF Corporation, Nike, Inc., FILA Korea, Ltd., New Balance, Inc., SKECHERS, Inc., K-Swiss, Inc., and Wolverine World Wide, Inc. #athleticfootwear #footwear #footwearindustry #sportsindustry
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Top 5 Footwear Brands According to Gen Z This eye-catching pie chart reveals the top footwear brands dominating the hearts (and feet) of Gen Z, according to a recent study. 1) Nike reigns supreme with a commanding 61% share, solidifying its position as the ultimate Gen Z status symbol. 2) Converse follows at a distant second with 9%, proving that Chuck Taylor never goes out of style. 3) Adidas and New Balance tie for third place with 7% each, showcasing the enduring appeal of classic athletic footwear. 4) Vans round out the top 5 with 3%, capturing the skater's cool aesthetic. A combined 17% goes to "others," suggesting a diverse range of footwear choices among Gen Z. What are your thoughts on these results? Share your favorite footwear brand in the comments below, and let's start a conversation! Follow for more about Sports business news Image credit : Marketing Mind #GenZ #Footwear #Trends #Nike #Converse #Adidas #NewBalance #Vans
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Hey footwear retailer 👟 Are you looking for a way to differentiate yourself from competitors and substantially grow your sales and profitability, both in-store and online? Look no further. Here are three reasons why retailers love working with us: 1. One-of-a-kind technology ▶ Our patented MyFootBalance® technology combines advanced 3D scanning with health-based foot analysis and personalized footwear and gear recommendations, making it the most comprehensive foot scanning service in the market. 2. On-point recommendations and award-winning products ▶ MyFootBalance® comes with a product recommendation engine that suggests relevant footwear, FootBalance’s award-winning custom insoles, technical socks, and compression wear. All based on your customers feet and unique needs. 3. Perfect fit partnership ▶ We firmly believe that offering local support is an integral aspect of our partnership and with us, you can count on receiving top-notch partnership that covers a wide range of essential areas from onboarding to training and local IT support. Got interested? Book a MyFootBalance® demo here: https://lnkd.in/gJFdZQQy #FootBalance #MyFootBalance #Healthtech #3Dscanning #Partnership #CustomerExperience #Personalization #CustomerSuccess #CustomFit #CustomerSatisfaction #Footwear #HealthFirst
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Ex-Deloitte | Founder | Problem Solver | Writer | Humor | Investor | Explorer | Curious Mind | Support Ethical Treatment of Animals
The market for #Sneakers refers to “athleisure” footwear, i.e., everyday footwear with an athletic appearance where fashion aspects outweigh functional ones. The segments Sneakers and Athletic Footwear have seen an upsurge during the past years. Key players in the market include companies such as #Nike, #Adidas, #Puma, and #Asics. According to sources, #UnitedStates dominates the market by generating the most revenue in the Sneakers segment, which is estimated to reach US$23,400.00m in 2024. The sneaker market is a dynamic ecosystem driven by innovation, collaboration, and consumer engagement and ofcourse hype 😜 The main reason is: 👟 Limited Edition Releases: Sneaker brands often release limited quantities of highly coveted styles. The scarcity of these releases creates a sense of urgency among consumers, driving up demand and creating hype around the product. 💻 To know more about businesses and strategies, just visit my website: https://lnkd.in/g-4P7EaT 💻 Subscribe to my YouTube Channel: https://lnkd.in/gRsnn3gr
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The results of the 10th edition of the World Footwear Business Conditions Survey are now available. Despite the #macroeconomic scenario, the overall #outlook remains optimistic #worldfootweartrends #footwearindustry #businessconditionssurvey
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CEO @ Trendalytics | Co-Founder & CEO VerishopGroup (parent to Trendalytics), ex-Amazon, Wharton MBA, Cornell
Before heading online for a little retail therapy this weekend, thought I'd share a #Trendalytics trend of the week (because who doesn't love a little data in their everyday life): SUMMER FLATS UPDATE Now that we've officially hit the warmer months, it's time for flats to really own the footwear rotation. Mesh flats are still growing at accelerated rates up +2,459% in searches to last year and remain a safe bet trend. A summer favorite, woven flats are growing in the market with product saturation +78% to last year, seen from Vince Camuto and Bared Footwear. Other must-have styles include slingback flats (+130% to LY), bow flats (+48% to LY) and silver flats (+123% to LY), too. Happy Shopping! For more insights like these, sign up for our newsletter at https://lnkd.in/gTNYJ9mZ or visit https://trendalytics.co/ #trendscience #retailtrends #consumerinsights
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Consumer demand for fashionable, comfortable, and sustainable leather products continues to drive this growth. The industry encompasses various sectors, with footwear being the dominant segment. Factors like #consumer preference for comfort, fashion, and #sustainability are key drivers. The footwear sector is witnessing a rise in demand for athletic and non-athletic shoes, emphasizing #eco-friendly and sustainable options. Leading players like PUMA Group, Nike and adidas are at the forefront, meeting consumer preferences with innovative products and digital marketing strategies. The market is poised for further #growth, with the footwear sector set to maintain its significant market share. #LeatherIndustry #Footwear #Sustainability
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What do you learn from helping over 50 footwear brands go live with 3D in less than 18 months? You gain more than enough knowledge to fill an in-depth, step-by-step Buyer's Guide for Footwear Brands!🤓 If you missed Mattias Österberg, Head of Customer Success, ultimate guide and recommendations for footwear brands transitioning into 3D – here's your shot: https://hubs.ly/Q02qxkf30 👉 Find out why planning and foresight are crucial 👉 Learn what to think about to not get carried away by the challenge 👉 Learn the best way to start adopting 3D 👉 Define key objectives and purpose 🚀 And much much more! #3D #AR #Ecommerce #Footwear #BuyersGuide #CustomerExperience
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Footwear Sampling In a 10-Day Timeframe ⏳👟 Sampling provides a tangible representation of the final product by creating prototypes based on initial designs, often in different sizes and colors, to test fit, comfort and durability. It also allows us to test different materials, construction techniques and silhouette details before mass production begins. In addition, feedback from footwear sampling gives us the opportunity to identify any flaws or areas for improvement, ensuring that the final product meets quality standards and your brand ‘s expectations 🎯 📩 DM or info@fowalk.com #Footwear #FootwearDesign #FootwearDevelopment #FootwearSourcing #FootwearManufacturing #FootwearProduction #FootwearSamples #MadelnPortugal #ShoeProduction #LuxuryShoes #LuxuryMaterials #Sneaker #Sneakerbrand #Shoebrand #ShoeProduction #Factory #Sampling #Qualityshoes #Luxury #Sneakers #OwnBrand #OwnShoeBrand #Suppliers #Materials #shoesamples #Samples
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CEE Advisor to Simon-Kucher | Financial Analysis Assistant Professor at ASE | Financial Analysis, Strategy, Pricing Expert | Author
For the last 10 years, the conversation around the generation differences has been popular: office behavior, productivity, spending ways, management, teamwork, involvement and much more. Now, because historic and current datasets, this analysis can move to more niched subjects like this analysis by Simon-Kucher on "Gen Z vs. Millennials & More: How Demographic Insights Drive Success in the Footwear Industry" Annual footwear spend: Gen Z: $295 (16% above average) Millennial: $346 (36% above average) Gen X: $278 (9% above average) Baby Boomers: $142 (44% below average) Silent gen: $143 (44% below average) and much more here: https://lnkd.in/dt5GWJXT #simonkucher #spending #footweartrends #footwear #genz #millenials #analysis
Could Gen Z and millennial spending alter the footwear industry? We explored the demographic insights of Simon-Kucher's new industry-leading research on the footwear market, revealing preferences and behaviors of 1,000 US consumers, to understand how different buyers shop for shoes in 2024. Check out the full article here: skp.link/6n8 #SimonKucher #Footwear #GenZ #Millennials
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