**Summer Industry Recap of Footwear Players**
As the summer season draws to a close, it’s time to take a look back at some of the key players in the footwear industry and see how they performed during the warmer months.
**Athletic Footwear**
The athletic footwear market continued to be dominated by Nike, which saw strong sales of its Air Jordan and Air Max lines. Adidas also had a strong summer, with sales of its Ultra Boost and Stan Smith sneakers performing well. Under Armour, on the other hand, struggled to gain traction, with sales of its Curry and HOVR lines falling short of expectations.
**Casual Footwear**
The casual footwear market was more evenly divided, with a number of brands performing well. Vans, Converse, and Birkenstock all saw strong sales, while Crocs made a surprising comeback with its Classic Clog sandal. Skechers also had a good summer, with sales of its Skechers D’Lites and Skechers Go Walk lines performing well.
**Luxury Footwear**
The luxury footwear market was led by Gucci, which saw strong sales of its loafers and sneakers. Prada and Louis Vuitton also had a good summer, with sales of their handbags and shoes performing well. However, Burberry struggled to gain traction, with sales of its sneakers and oxfords falling short of expectations.
**Overall**
The footwear industry had a strong summer overall, with a number of brands performing well. Athletic footwear continued to be dominated by Nike and Adidas, while the casual footwear market was more evenly divided. The luxury footwear market was led by Gucci, Prada, and Louis Vuitton.
Here is a more detailed look at some of the key players in the footwear industry:
**Nike**
Nike is the world’s largest footwear company, with annual sales of over $30 billion. The company is known for its iconic Air Jordan and Air Max sneakers, which are among the most popular shoes in the world. Nike also has a strong presence in the athletic apparel market, with sales of its Dri-FIT and Tech Fleece lines performing well.
**Adidas**
Adidas is the second largest footwear company in the world, with annual sales of over $20 billion. The company is known for its iconic Stan Smith and Ultra Boost sneakers, which are among the most popular shoes in the world. Adidas also has a strong presence in the athletic apparel market, with sales of its Climacool and Tiro lines performing well.
**Under Armour**
Under Armour is the third largest footwear company in the world, with annual sales of over $5 billion. The company is known for its Curry and HOVR sneakers, which are popular among basketball players and runners. Under Armour also has a strong presence in the athletic apparel market, with sales of its HeatGear and ColdGear lines performing well.
**Vans**
Vans is a privately held footwear company with annual sales of over $2 billion. The company is known for its iconic Old Skool and Authentic sneakers, which are popular among skateboarders and streetwear enthusiasts. Vans also has a strong presence in the casual apparel market, with sales of its t-shirts and hoodies performing well.
**Converse**
Converse is a privately held footwear company with annual sales of over $1 billion. The company is known for its iconic Chuck Taylor All-Star sneakers, which are among the most popular shoes in the world. Converse also has a strong presence in the casual apparel market, with sales of its t-shirts and hoodies performing well.
**Birkenstock**
Birkenstock is a privately held footwear company with annual sales of over $500 million. The company is known for its iconic Arizona sandals, which are popular among people of all ages. Birkenstock also has a strong presence in the casual footwear market, with sales of its clogs and boots performing well.
**Crocs**
Crocs is a publicly traded footwear company with annual sales of over $1 billion. The company is known for its iconic Classic Clog sandal, which is popular among people of all ages. Crocs also has a strong presence in the casual footwear market, with sales of its shoes and sandals performing well..
