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Companies that retail men's, women's, and/or children's footwear and related products.
Full Footwear & Related Products Retail Industry Description
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.
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:
Using the 2002 Census Bureau Economic Census, Hoover's has generated an industry financial summary for the Footwear & Related Products Retail industry.
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