The trendiest trends are being pushed to the margins.
The latest fashion trends to dominate the fashion world are the most expensive sneakers.
And for the first time ever, the price of sneakers is more than double what it used to be.
“The price of sneaker is a major factor in the market and the biggest influence on the buying behavior of consumers,” said Andrew Lippert, senior analyst at Footwear Retailer, an industry trade publication.
“There is an inherent risk that consumers will not pay for a shoe that is not on the top shelf.”
The market for sneakers is expected to be $2.5 billion in 2019, according to Footwear. “
Sneakers are becoming a big part of the conversation, especially in the luxury shoe segment.
The market for sneakers is expected to be $2.5 billion in 2019, according to Footwear.
The Nike+ brand is also expected to grow to $1.5 trillion by that time.
“For that to happen, they need to have a great experience.””
The main thing that sneaker retailers want is for consumers to feel like the sneaker they are purchasing is truly the best in the world,” said Jeff Rader, chief financial officer of Nike.
“For that to happen, they need to have a great experience.”