The Footwear Retailers industry has faced challenging conditions over the past five years. Over the past decade, the industry has grappled with competition from external vendors, such as clothing retailers and department stores. Competition further intensified as supermarkets emerged as a major competitive threat. In a bid to become one-stop shops, major supermarkets like Tesco and Asda expanded footwear ranges, pricing them to rival offerings of specialist retailers. Footwear retailers suffered as consumers took advantage of knock-down prices and the convenience afforded by supermarkets. This dented industry revenue.
Industry participants concentrate on selling footwear both through bricks-and-mortar stores and online portals. Pure-play online retailers are excluded from the industry. The sale of specialised sports footwear, such as ski boots, is also not included in the industry.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.