AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.
Create a link to this page
Copy and paste this link tag into your Web page or blog:
{TEXT}
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.
{TEXT}
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.