Sneaker Sales Down in Q1
A tough January comparison because of the 53rd week last year, late tax refunds in February and the Easter shift to April combined to dampen Q1 sneaker sales, according to NPD. Fashion footwear sales were down 12% to $2.4 billion from $2.7 billion for the period with men’s off 14% to $521.0 million from $603.3 million, women’s down 12% to $1.7 billion from $2.0 billion and kids’ down 20% to $90.6 million from $112.9 ... Log in to view full article.