Footwear is no longer just a protective gear for our feet. Today, footwear defines fashion. Women and Girls in particular wear footwear that match perfectly with their dress. Also, the Indian footwear industry has evolved from just selling the cheapest sandals to selling branded shoes that depict your personality. In 2021 Footwear Retailers have numerous challenges to handle. The majority of brands like Bata, Puma, and Adidas are choosing to sell their products directly to customers. They are not relying on third-party retailers. This post is an attempt to provide a comprehensive picture of the Footwear Retail 2020 Market in India. Also, the trends and challenges for retailers operating from India are discussed..
What is footwear in retail?
Footwear retail is selling them through either in-stores or online stores to the customers. According to FDRA- Footwear Distributors and Retailers of America every year Americans spend 6253.8 billion INR on Shoes. Over the years Footwear market has changed dramatically and has grown by utilizing technology innovations and robust strategies. The footwear supply-chain is one of the robust ones across the globe.
Footwear Trends and Types
Here we have listed trends seen in Men Footwear and Women Footwear categories this year. In general Sneakers, Athletics Wear, Leather, and Textile wear are common ones. In the Men category following shoes are trending:
The Oxford
The Running Sneakers
The Loafer
The White Low Top Trainer
The Leather Boot
The Suede Chukka
The Brogue are trending
In women category following are trending:
Exotic kitten heels
Stay on-the-go sneakers
Black statement boots
Strappy Mules
The Loafer trend
Strap on, tie around
Pump it up
Technology Backbone for Footwear
Today Footwear Industry is getting a facelift with the advent of new technology. Two trends making buzz in footwear industry are Smart Shoes and Boost Technology Shoes.