The Best Lightweight Hiking Shoes for Men and Women - Travel+Leisure |
- The Best Lightweight Hiking Shoes for Men and Women - Travel+Leisure
- Smart Shoes Market Set to Reach $223.4 Million by 2026 - A Comprehensive Analysis on Market Drivers & Restraints - Yahoo Finance
- Shoe retailer Cole Haan prepares for IPO - CNBC
- Brooks Koepka's Shoes: Golfer Rocks Nike Off-Whites With Zip Tie Tags - Heavy.com
- Brooks Koepka’s New Shoes Had Golf Fans Freaking Out At Tour Championship - The Spun
The Best Lightweight Hiking Shoes for Men and Women - Travel+Leisure Posted: 26 Aug 2019 02:46 AM PDT this link is to an external site that may or may not meet accessibility guidelines. |
Posted: 26 Aug 2019 07:20 AM PDT Dublin, Aug. 26, 2019 (GLOBE NEWSWIRE) -- The "Smart Shoes Market by Product Type, End User, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2019-2026" report has been added to ResearchAndMarkets.com's offering.
The global Smart Shoes market size was valued at $115.3 million in 2018, and is projected to reach $223.4 million by 2026, growing at a CAGR of 9.1% from 2019 to 2026. In 2017, North America accounted for nearly 44.5% share of the Smart Shoes market. As of 2017, the global wearable products market was valued at US$8.4 billion. The growth in value sales for such products is attributable to the surge in demand for different electronic products, which facilitate easy life for its target customers. Thus, customers desire for same kind of trend in products that they use in day-to-day activities. Some wearable products that help ease the daily tasks of the customers include smartwatches, smart jeweler, smart clothing, smart coolers, and smartphones. Smart shoes is an innovative entry in the market and offers physical performance tracker and navigation tracker. It is also enabled with self-lacing technology. These shoes thus witness higher rate of demand among the sports personnel who desire to keep track on their performance and health. The smart shoes industry has been evolving in terms of its key features and specifications. Manufacturers focus on key innovations that cater to the requirements of its target customers. For instance, Nike, one of the key players in the shoe market, launched innovative self-lacing HyperAdapt 1.0 Shoe that come with pressure sensors in the soles that sense and triggers an algorithm that allows automatic lacing. In 2018, Under Armour launched two new sets of smart shoes that have inbuilt sensors that help maintain a record of the data required by the runners. There is an increase in the awareness for health and wellness among most of the people residing in the developed as well as the developing countries around the globe. This has led customer to indulge in various types of physical activities, such as jogging, running, and other sports activities. Among these health-conscious consumers, there are a set of customers that have taken their health enhancement process to the next level by indulging into performance enhancement programs. They keep a track of their performance and health on daily basis. This results in demand for various types of wearable products that help track their performance, such as distance covered along with the data for calorie or fat loss after every workout. Smart shoes are one such products that gain traction among fitness enthusiasts. Smart shoe market has witnessed higher rate of penetration in North America as well as Europe. However, there is low availability for this product in some of the major parts of Asia-Pacific as well as LAMEA, which is attributable to some of the low performing macro-economic factors. Thus, lower penetration of such products results in lower value share in the global smart shoes. This in turn limits the global smart shoes market growth. There has been an increase in number of users in various social media sites with the rise in internet penetration. Taking this into consideration, most of the key players in the smart shoes market strategize on promoting their products and services on these social media platforms. Thus, through social media marketing strategy, global smart shoes market sights critical opportunity in gaining traction and eventually increase its registration among its target segments. Major Findings
Key Players Profiled
For more information about this report visit https://www.researchandmarkets.com/r/jn7yxs Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.
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Shoe retailer Cole Haan prepares for IPO - CNBC Posted: 26 Aug 2019 05:34 AM PDT Design student Stefan Mendoza is seen wearing Cole Haan shoes in New York City. Chelsea Lauren | Getty Images Shoe retailer Cole Haan is preparing for an initial public offering, a company spokeswoman confirmed to CNBC on Monday morning. She declined to comment on the timing of the IPO. The company is currently owned by private equity firm Apax Partners, which bought Cole Haan from Nike in 2013. "Our management team is confident in the opportunities we have created for the Cole Haan brand and our business globally," CEO Jack Boys said in an emailed statement. "Based on the momentum we have generated in the business and the opportunities we believe are before Cole Haan, we have determined that now is the time to prepare for an initial public offering of the company's shares." The company has long been known for its nicer dress shoes but more recently has pivoted toward sneakers and slip-ons, with the so-called athleisure trend taking off in the U.S. Cole Haan has seen a boost in its business, with more people buying its comfortable shoe styles that can be worn to work, to the gym and while running errands on the weekend. Cole Haan's IPO preparation also comes at a somewhat tumultuous time in the footwear industry, with President Donald Trump weighing additional tariffs on Chinese imports. About 70% of shoes sold in the U.S. come from China. But Cole Haan has said it primarily sources its manufacturing in Vietnam and India. Meantime, the fragmented shoe industry has also seen some consolidation with a wave a bankruptcies, including that more recently of Payless ShoeSource, along with The Walking Company and Nine West. There are only a handful of publicly traded footwear companies today. Bloomberg first reported on the IPO preparation Monday morning. |
Brooks Koepka's Shoes: Golfer Rocks Nike Off-Whites With Zip Tie Tags - Heavy.com Posted: 25 Aug 2019 10:30 AM PDT Brooks Koepka's shoes at the Tour Championship offered a fashion-forward look in Atlanta with the Nike Off-White kicks. Some fans were confused by the tags attached to the shoes which is part of the Off-White signature look. Koepka has been wearing black Nike Air Max 90 x Off-White collaboration at the Tour Championship, per Hype Beast.
Other than fashion, the zip ties serve another purpose which is the ability to customize other pairs of sneakers. Designer Virgil Abloh explained the thought process behind the design. "The ultimate idea was that all those extra laces and the zip-ties go to use with all your other pairs of shoes to DIY make your own versions of Off-White™ sneakers," Abloh tweeted. Abloh founded the company in 2012 and the fashion style features a bit of irony, per Vox.
Koepka Signed an Endorsement Deal With Nike in 2016Koepka signed an endorsement deal with Nike in 2016 and at the time it centered around using Nike clubs. The shoe and apparel company has since stopped making clubs, but Koepka has become one of the new faces of Nike on the golf course. From floral patterns to hats with vertical Nike text, some of Koepka's looks have received mixed reviews, but the new Off-White shoes are sure to resonate with a younger demographic of golf fans. Koepka did his research before signing with Nike as he detailed to Golf Channel. "Rory had a different point of view and in the Bahamas it was nice to pick Tiger's brain about it," Koepka noted to Golf Channel. "Everybody had nothing but good things to say about it." Koepka Is One of the Top Contenders for the FedEx Cup ChampionshipHeading into the final round of play at East Lake, Koepka is one of the top contenders for the FedEx Cup championship. Koepka noted he was locked in on winning another trophy. "Yeah, I mean, I'm locked in. I'm locked in on every round," Koepka said prior to Round 4 in Atlanta. "I don't see any point in trying to be more focused. I don't know if that's possible. But you don't just go out there like it's a round with your buddies, either. You just go out there, go focus, and go hit the golf shots you need to hit. And then at the end, total them up, and hopefully you're there. And if not, then I gave it best, and I'm satisfied with that." |
Brooks Koepka’s New Shoes Had Golf Fans Freaking Out At Tour Championship - The Spun Posted: 25 Aug 2019 09:55 AM PDT Brooks Koepka has never hesitated to speak out about some of golf's issues, whether it's 18 holes often being a little too much or fellow PGA Tour competitors playing way too slow. So, it shouldn't surprise anyone when Koepka makes a bold fashion choice out on the course. The four-time major champion wore some Off-White Nikes during his round at the Tour Championship this weekend. The shoes, created by Virgil Abloh, are quite a look.
Koepka, a Nike athlete, was asked about the shoes following his round. "It's fashion, bro," Koepka said. "This is such a typical, like, golf nerd, 40-year-old white man…I don't know how to explain (the shoes)."
The commentators were confused by the look, as well.
Koepka, meanwhile, is on track for another big win this weekend. The four-time major champion is -15 heading into his final round today. He's set to tee off at 2:10 p.m. E.T. on NBC. |
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