How Will the Footwear Business Fare in the Years Ahead? One Report Takes a Positive View

Changing consumer preferences for athletic, casual and specialty footwear will drive growth in the U.S. footwear market. Data from Research and Markets projects a CAGR (compound annual growth rate) of 3.11 percent, setting the stage for growth to soar from $105.54 billion in 2024 to $139.03 billion by 2033. More from WWD And while e-commerce and omnichannel strategies will reshape the market through personalized experiences, it will be the major players such as Nike and Adidas leading innovations that wi ...