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SHOE2-SNAP.(A)

Investor's Business Daily

| February 05, 2001 | COPYRIGHT 2001 Investor's Business Daily, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

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Footwear companies are back at the starting line after a poor couple of years. Athletic shoe brands that suffered as expensive endorsement contracts met lackluster sales have been revamped. And the industry is getting back in touch with consumers.

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Brand names drive customer dollars in shoes. Athletic shoe companies are still on top, volume-wise, in the industry because of name recognition and the fact that everyone has sneakers.

Ads for Nike's Air Jordan still play during the Super Bowl. Tiger Woods gets $100 million for wearing the trademark swoosh.

Reebok, in turn, will put its name on all NFL gear starting in 2002.

Yet the best growth is in fashionable boots, like those made by Timberland. Itssales have grown at a double-digit clip for a year vs. single digits for sneakers.

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