Smart shoes feel the Covid-19 blues
Sales of dress shoes are unlikely to fully recover as office workers stay at home in their comfy slippers
31 July 2020 - 17:35
New York — Americans don’t want to get all dressed up with nowhere to go. They may not even want to when there is.
US sales of dress shoes such as formal oxfords and high heels fell 71% in the second quarter, compared to the year prior, as office workers stayed home and nightlife dried up due to the coronavirus pandemic, according to data from research firm NPD Group. The segment performed much worse than the overall US footwear market, which was down 26% in that period, aided by strong sales of casual summer styles such as slippers and slides...
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