Quotulatiousness

June 8, 2017

Shoes and changing tastes

Filed under: Business, USA — Tags: — Nicholas @ 03:00

Virginia Postrel says that the market for shoes is changing rapidly, and men are poised to take over as the largest sector of the American shoe-buying market:

The Sex and the City stereotype of the shoe enthusiast as a fashionista with a passion for high heels is seriously out of date. Today’s shoe collector is probably buying sneakers and is quite likely male. Shoes may have as much glamour as ever, but it’s not the kind Christian Louboutin would recognize.

If current trends continue, men’s U.S. shoe sales will soon surpass women’s. At $26.2 billion in 2016 versus $29.9 billion for women’s footwear, “men’s is closer in size to women’s than it’s ever been,” says Beth Goldstein, fashion footwear and accessories analyst at the NPD Group. Women’s sales are shrinking as men’s continue to rise, in both revenue and number of pairs sold.

Behind the sales figures is a cultural shift. As dress becomes more casual, habits are converging, with women buying more versatile styles while men expand their shoe collections.

Traditionally, men got more wear out of any given pair of shoes. “If you’re getting a pair of desert boots or brogues, you can wear those every day, all day, all year,” says Andrew Luecke, a New York-based menswear writer and co-author of the new book “Cool: Style, Sound, and Subversion.” “A pair of Louboutin stilettos? Not so wearable.”

That’s changing, however. Instead of picking up sandals in the spring and boots in the fall, women are buying shoes they can wear year-round, such as ankle boots and sneakers. Their purchase patterns now look more like men’s. That’s bad news for retailers who count on seasonal lines to drive purchases.

Meanwhile, the rise of sneakers as all-occasion footwear is encouraging men to build their wardrobes while depressing women’s sales. “Men have the tendency to collect things,” observes Luecke. “Once it was baseball cards. Now it’s sneakers. If you’re collecting, you can’t have too many sneakers.” And if you’re not into sneakers, you can buy shoes to go with your favorite pastime — camping, fishing, rock climbing, snowshoeing, whatever. They aren’t frivolous fashion; they’re serious gear!

I don’t buy shoes too often … I think I bought a pair of leather shoes in 2015 and a pair of court shoes for badminton the year before that. I have no immediate plans to add to my collection, so I guess it’s up to all of you chaps to make up the difference.

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