World Footwear

World

US: nearly half of consumers to spend less in footwear

May 6, 2022 United States
US: nearly half of consumers to spend less in footwear
A national survey made amongst US shoppers found that almost half (48%) of footwear consumers is planning to spend less on footwear this spring than last year
The survey was conducted by the Emerson College Polling in partnership with the Fashion Footwear Association of New York (FFANY) and released by the FDRA (Footwear Distributors and Retailers of America). According to the report, 68% of footwear shoppers have become aware of higher shoe prices and 76% plan to buy from discount retailers.

The survey also indicated that 74% of interviewees are still likely to buy shoes this spring for themselves or their family. Talking about the consumer’s preferences, athletic or casual shoes were elected as the most likely category (58%), which comes with little surprise. Fashion shoes (35%) and work shoes (4%) followed.

According to the FDRA, in March, footwear prices in the US increased by 6.6% year-on-year, after reaching 7.0% in February. In March, men’s footwear was up by 5.1%, women’s was up by 5.8% and children’s by 11%.

Image credits: Christian Wiediger on Unsplash

Related Events

  • Jan
    14
    Jan 14-Jan 15, 2024 | Manchester, New Hampshire, United States

    Boston Shoe Travelers

  • Jan
    14
    Jan 14-Jan 15, 2024 | Manchester, New Hampshire, United States

    Boston Shoe Travelers

  • Jan
    16
    Jan 16-Jan 19, 2024 | Dallas, United States

    Dallas Apparel & Accessories Market

  • Jan
    28
    Jan 28-Jan 30, 2024 | San Diego, United States

    The IR Show

Related Organizations

  • The Atlanta Shoe Market

    The Atlanta Shoe Market

    United States
  • ALCA - American Leather Chemists Association

    ALCA - American Leather Chemists Association

    United States
  • AAFA - American Apparel & Footwear Association

    AAFA - American Apparel & Footwear Association

    United States
  • TUSPM Shoe Museum

    TUSPM Shoe Museum

    United States