Footwear & Related Products Retail Industry Overview

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Industry Description

Companies that retail men's, women's, and/or children's footwear and related products.

Industry Trends

Brand Name Licensing

Growing Demand for Footwear

The successful branding of athletes' names with shoes in the past 20 years led to an extension of the licensing of famous names. Reebok produced shoes under the Ralph Lauren and Polo brands; Brown Shoe licensed the Barbie, Spider-Man, and Sammy Sosa names; Florsheim produced a line of John Deere shoes. Large endorsement deals with a few top athletes have given way to a wide range of small endorsement arrangements with athletes in many different sports.

Demand for footwear is growing, driven by merchandise availability in a wide variety of styles and price points. US footwear dollar sales increased almost 20 percent between 2000 and 2005, according to Mintel. Projected growth through 2010 is almost 25 percent. Consumer designation of shoes as a signature item, similar to handbags, should help drive market growth.

Industry Competitors

Industry Codes

Hoover's has developed its own industry classifications to better serve its customers. These classifications are mapped to the North American Industry Classification System (NAICS) and the older U.S. Standard Industrial Classification (SIC) system. The Footwear & Related Products Retail maps to a number of NAICS codes including:

NAICS
NAICS Title
Shoe Stores

Related Industries

Industry Financials

Using the 2002 Census Bureau Economic Census, Hoover's has generated an industry financial summary for the Footwear & Related Products Retail industry.

Indicator
Total
NAICS Codes
2
Establishments
30,224
Sales, receipts or shipments ($1,000)
$44,031,143
Annual Payroll ($1,000)
$4,077,805
Paid Employees
232,032

Industry People



Industry Jobs

Skechers U.S.A., Inc. - Manhattan Beach.CA
From Jobfox
Converse Inc. - North Andover.MA
From Jobfox
Converse Inc. - North Andover.MA
From Jobfox