Preview - Please log in to view full article.

Article Date: August 2019
Word Count: 899

Booming China Leads Global Sneaker Market To 9% Gain


The global athletic footwear market value was $66,730 million for 2018 compared to $61,159 million prior, with perhaps the biggest news in the fact that Asia/Pacific easily surpassed Europe as the second largest region for sneakers. Strong sales gains in China for both the local brands and the international brands were clearly the engine behind the region’s surge. Meanwhile, the North American market managed a solid 6.1% gain in value while a currency-assisted European market rose 10.7%. The Latin American market, bedeviled by local economic issues and with a number of brands resetting their business model there, was the clear ... Log in to view full article.

 


Already a subscriber?

User Name:

Password:


Not yet a subscriber?

Try SGI for a month FREE. You’ll get our daily news feed, weekly newsletter, and access to the last two months of SGI articles.

Start a new subscription to SGI, or order any of our other products.