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The bright spot in the apparel industry is…

7/28/2016

Consumers are putting their best foot forward when it comes to spending.



One of the brightest spots in the apparel industry is the footwear category, according to a report on MarketResearch.com. Overall, footwear sales have outpaced apparel in recent years, with a compound annual growth rate of 6% over 2010-2015, in comparison to 4% for apparel.



By the end of 2019, the global footwear market is forecast to reach $216 billion.



To capitalize on consumer demand, apparel brands are increasingly looking to footwear to boost their bottom line.



MarketResearch.com's blog post highlights several key trends that are influencing the footwear market, including:



• Fashion and celebrity endorsements

• Rise of athleisure and comfort shoes

• Online and direct sales



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