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

  • May
    17
    May 17-May 19, 2022 | Raleigh, NC, United States

    Texprocess Americas

  • May
    17
    May 17-May 19, 2022 | Atlanta, United States

    Techtextil North America

  • Jun
    6
    Jun 6-Jun 10, 2022 | New York, United States

    FFANY Market Week

  • Jun
    9
    Jun 9-Jun 11, 2022 | Denver, United States

    Outdoor Retailer

Related Organizations

  • NSRA - National Shoe Retailers Association

    NSRA - National Shoe Retailers Association

    United States
  • Pensole Footwear Design Academy

    Pensole Footwear Design Academy

    United States
  • The Museum at FIT

    The Museum at FIT

    United States
  • WSTA - World Shoe Travelers Association

    WSTA - World Shoe Travelers Association

    United States