The global footwear market has been growing by leaps and bounds over the past few decades, thanks to the drastic rise in consumer spending patterns and a change in consumer perspective that puts style on the same footing as comfort. Standing on the verge of a retail revolution in a fast-changing retail landscape, major shoe companies are…
Nike’s market share stands at about 27.4% in 2019, ahead of its industry rivals Adidas and ASICS, making Nike the world’s largest company in the global footwear market. Sports shoes are increasingly becoming an essential fashion accessory among global consumers and the sports shoes market is witnessing demand for trendy and comfortable footwear among all…
According to analysts at Technavio, the athletic footwear market in the US will register a CAGR of 3% by 2020.
The athletic footwear industry is on the move in the US. This astonishing growth is attributed to the wave of health-consciousness sweeping through the population. Thus, fitness-conscious customers, people popularizing athleisure as a style, gym goers and people who use sportswear during mild fitness routines, are looking for the most functional, comfortable and robust athletic footwear…
