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The Complete Idiot's Guide to DASH Diet Cooking

Learn everything you need to know about cooking and eating on the DASH Diet.

BACKGROUND Start the Diet Now Advertisement

The Complete Idiot’s Guide to DASH Diet Cooking is a new book written by Deirdre Rawlings that gives an inside look to making meals that fit the specifications of the dietary approaches to stop hypertension, or DASH Diet. Author Deirdre Rawlings specializes in heart health, fibromyalgia and she holds a PhD in holistic nutrition. She has a passion for using food as medicine to reverse chronic health issues. The DASH Diet was named the Best Diet of 2012 by US News and World Report. The Complete Idiot’s Guide to DASH Diet Cooking is broken out into five parts to make it easier to implement the various methods given. The first part of the book outlines the DASH Diet, what it’s all about and the science behind the diet. The remaining four sections of the book outline different types of recipes and meals. There are menus available for three weeks of eating along with all of the recipes.

The Complete Idiot’s Guide to DASH Diet Cooking can be a great book for those wanting to lower their blood pressure, lose weight, cut down on added salt or simply eat a healthier diet. The principles of the DASH Diet work because the program focuses on nutrient dense foods that contain a variety of minerals and vitamins. You will be eating whole foods rather than those that are heavily processed. Following the DASH Diet and the recipes in this book will allow you to watch your cholesterol and blood pressure go down to safe levels while improving your overall health.

PRO
  • Offers a breakdown of the diet as well as recipes
  • DASH Diet has been proven to lower blood pressure
  • DASH Diet voted Best Diet of 2012 by US News and World Report
  • Can serve as your entire guide to the DASH Diet
  • Focuses on lowering blood pressure and cholesterol for a healthy heart
  • Written by a holistic expert
  • Includes several recipes for variety
CON
  • None to speak of
DIET and NUTRITION

The Complete Idiot’s Guide to DASH Diet Cooking contains everything you need to know about the DASH Diet and offers you a lot of recipes to choose from. This is so much more than a cookbook because of the background information and science on the program that is included. All of the principles of the DASH Diet are discussed in the first part of the book. Some of the things you can count on learning in the first part of the book include:

  • Understanding DASH Diet basics
  • Lowering blood pressure with healthy eating
  • Learning how the DASH Diet works
  • Discovering the ease of weight loss with DASH

Many health problems can be traced to the foods we eat on a regular basis. This program teaches you to eat whole foods that are good for your body and full of nutrients that the body needs. It’s not just about lowering your salt intake either. In addition to lowering sodium, you will be taking in a variety of nutrient-dense foods that are rich in minerals like potassium, calcium and magnesium to lower your blood pressure. Some of the key elements you will be taught throughout the program are portion control, increased fiber intake, fewer amounts of fat and an increase in fruits, vegetables, nuts and grains. Many of the foods you may be currently eating that don’t taste salty can be extremely high in sodium which increases blood pressure. The Complete Idiot’s Guide to DASH Diet Cooking teaches you how to monitor that through understanding nutrition labels and recommending recipes that use more fresh herbs and spices in place of salt. Improving your methods of cooking is also addressed when following the DASH Diet. Some of the preferred methods mentioned in the book are pressure cooking, broiling or grilling, braising, steaming and stir-frying. Recipes and meal plans make up most of The Complete Idiot’s Guide to DASH Diet Cooking so variety and options are not a problem. One day of eating on the DASH Diet is reflected below:

  • Breakfast: Berry Buzz Protein Smoothie
  • Lunch: Broccoli with Walnuts and Avocado Salad; slice of sweet or savory bead
  • Snack: ¼ cup raw almonds
  • Snack #2 (optional): 1 cup nonfat or low-fat cottage cheese mixed with ½ cup chopped berries and ¼ cup raw pine nuts
  • Dinner: 4 to 6 ounces of chicken, beef or fish with 2 cups stir-fried or steamed fresh seasonal vegetables
EXERCISE

The Complete Idiot’s Guide to DASH Diet Cooking does mention that it is important to incorporate exercise, but there is no formal plan offered.

CONCLUSION

The DASH Diet is one that is very effective at addressing the concern of high blood pressure as well as high cholesterol. The Complete Idiot’s Guide to DASH Diet Cooking offers all of the information you would need to change your diet to one that meets the guidelines of lowering your blood pressure. Eating this way is a great benchmark for even those that may not struggle with high blood pressure. The benefits of incorporating more nutrient dense foods and eliminating those that are processed and filled with toxins can be seen quickly and will certainly benefit your long term health.

Common Misspellings

Dash diet for dummies, dash diet for idiots, idot guide to dash diet, idiot guide to dash diet cooking, the comlete idiot’s guide to dash diet cooking


Related Diets: The DASH Diet for Weight Loss, The DASH Diet Cookbook, DASH Diet


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Nike's CEO Discusses F2Q 2014 Results - Earnings Call Transcript
December 19, 2013 8:04 PM
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Nike, Inc. (NKE) F2Q 2014 Earnings Call December 19, 2013 5:00 PM ET
Executives
Kelley Hall - Vice President, Treasury and Investor Relations
Mark Parker - President, Chief Executive Officer, Director
Trevor Edwards - President - Nike Brand
Don Blair - Executive Vice President, Chief Financial Officer
Analysts
Omar Saad - ISI Group
Robby Ohmes - Bank of America
Kate McShane - Citi
Chris Svezia - Susquehanna Financial
Jay Sole - Morgan Stanley
Jim Duffy - Stifel
Operator
Good afternoon, everyone and welcome to Nike's Fiscal 2014 Second Quarter Conference Call. For those who need to reference today's press release, you will find it at http://investors.nikeinc.com.
Leading today's call is Kelley Hall, Vice President, Treasury and Investor Relations.
Before I turn the call over to Ms. Hall, let me remind you that participants on this call will make forward-looking statements based on current expectations and those statements are subject to certain risks and uncertainties that could cause actual results to differ materially. These risks and uncertainties are detailed in the reports filed within the SEC, including Forms 8-K, 10-K and 10-Q.
Some forward-looking statements concern future orders that are not necessarily indicative of changes in total revenues for subsequent periods due to the mix of futures and at-once orders, exchange rate fluctuations, order cancellations, discounts and returns which may vary significantly from quarter-to-quarter.
In addition, it is important to remember a significant portion of Nike, Inc.'s continuing operation including equipment; Nike Golf, Converse and Hurley are not included in these future numbers.
Finally, participants may discuss non-GAAP financial measures, including references to wholesale equivalent sales. References to total wholesale equivalent sales are only intended to provide context as to the overall current market footprint of the current brands owned by Nike, Inc. and should not be relied upon as a financial measure of actual results.
Participants may also make reference to other non-public, financial and statistical information and non-GAAP financial measure. Discussion of non-public financial and statistical information and presentations of comparable GAAP measures and quantitative reconciliations can be found at Nike's website, http://investors.nikeinc.com.
Now, I would like to turn the call over to Kelley Hall, Vice President, Treasury and Investor Relations.
Kelley Hall
Thank you, operator. Hello, everyone, and thank you for joining us today to discuss Nike's fiscal 2014 second quarter results. As the operator indicated, participates on today's call may discuss non-GAAP financial measures. You will find the appropriate reconciliations in our press release, which was issued about an hour ago and at our website, investors.nikeinc.com.
Joining us on today's call will be Nike, Inc. President and CEO, Mark Parker, followed by Trevor Edwards, President of the Nike Brand. Finally, you will hear from our Chief Financial Officer, Don Blair, who will give you an in-depth review of our financial results.
Following their prepared remarks, we will take your questions. We would like to allow as many of you to ask questions as possible in our allotted time, so we would appreciate you limiting your initial questions to two. In the event you have additional questions that are not covered by others, please feel free to re-queue and we will do our best to come back to you. Thanks for your cooperation on this.
I will now turn the call over to Nike, Inc. President and CEO, Mark Parker.
Mark Parker
Thank you, Kelley, and hello everyone, and happy holidays. It's always good to finish strong, and as we reach to close of the second quarter, that's exactly what we have done. Looking at our results, you clearly see that the Nike, Inc. portfolio is a powerful engine for growth.
Here are the highlights. Nike, Inc. revenues increased 8% to $6.4 billion. Gross margins came in better than anticipated, up 140 basis points. SG&A increased 14%, in line with expectations and reflecting strategic investments in our brands and operations and diluted EPS rose 4% to $0.59. As we discussed at our recent investor meeting, at no time in our history have the growth opportunities been greater for Nike.
Our ability to surgically focus our resources and align our efforts across multiple areas of our business allows us to successfully invest in our biggest opportunities for profitable sustainable growth. This approach ensures we are in a strong position to manage the macroeconomic challenges when they arise and seize new opportunities when conditions improve, like now, as we see initial signs of stabilization in select national economies.
Regardless of the macroeconomic conditions, we know we have to earn our leadership position with consumers every single day, and our management team has the experience to focus Nike's resources on what matters most to our consumers. With this focus we continue to increase our potential and ultimately reward our shareholders with long term, sustainable and profitable growth.
As I’ve said before, innovation is at the heart of everything we do. I continue to see expanding opportunities for Nike to reach new heights of product and performance innovation. We are a successful innovator because of our unique partnerships and first and foremost, with the world's greatest athletes whose insights inform our amazing products and services, but also with other partners who help us advance in areas like digital and manufacturing.
Our innovation pipeline has never been deeper or stronger than it is today. Let me highlight three areas of innovation from the quarter. First, the next steps we are taking with our digital initiatives; second, our new advances in apparel; and third, our continuing efforts to revolutionize manufacturing. At Nike, digital is a powerful innovation engine. As we have discussed, our digital ecosystem has three components; consumer connections, ecommerce, and digital products and services. Together these components form our integrated digital strategy, and I continue to be incredibly bullish on digital's potential to drive both innovation and strong growth for years to come.
Looking at our ecommerce business, we delivered another strong quarter with 33% revenue growth, and at less than 15% of our DTC revenues today, our ecommerce business clearly has opportunity to grow. We also expanded our nike.com footprint in the quarter, launching sites in Japan, the world's third largest e-commerce market, and in Brazil further extending our commercial reach for consumers in this key growth market.
In digital products and services, we launched the next generation of the Nike+ FuelBand, the FuelBand SE. With enhanced features and services for our consumer, it reinforces NikeFuel as the global currency of movement. Given digital's tremendous potential, we will continue to invest in innovation and infrastructure to accelerate our digital strategy and capture significant growth for Nike.
Turning to apparel. We delivered some major apparel innovations in the last six months. Most notably with Tech Fleece, Aeroloft and Dri-FIT Knit. And having just come back from Brazil, where World Cup fever, by the way, is already running quite high, I will touch on our World Cup related advance in apparel, and that's our new Brazilian and French football kits.
Working closely with the athletes and the national federations, we designed these kits to reflect each country’s rich football heritage. Insights from our athletes are reflected in the sharp attention to detail and beautiful craftsmanship. Each kit integrates technical performance innovation with team specific design elements. The kits feature Dri-FIT Knit technology, engineered mesh, and laser cut ventilation for better cooling and our lightest Nike Pro base layer ever.
In fact, the uniforms are actually 16% lighter than our 2012 Euro Champ uniforms, and they are made of recycled polyester using the equivalent of 18 recycled water bottles in every kit. In the weeks ahead, we will launch eight more national team kits as all ten Nike teams, by the way, a Nike record, get ready for the World Cup. These new kits are just one example of the unprecedented level of product innovation we have planned for the World Cup. It's an exciting time as we look forward to being a part of the biggest sports event in the world.
Nike's commitment to innovation extends beyond the products we design to how they are manufactured. As we shared at our Investor Meeting, our manufacturing revolution initiatives continue to challenge traditional manufacturing assumptions, so we can maximize our potential to serve athletes and further extend our competitive position.
Take two examples; ColorDry and Flyknit. ColorDry is a revolutionary new fabric dying process that replaces water with recyclable carbon dioxide. Beyond the breakthrough and sustainability, this impressive technology delivers superior results with brighter and more consistent colors in the fabric. With Flyknit, we have continued to leverage its game changing potential. We have extended Flyknit across all of our running footwear platforms at Zoom, Lunar, Free, and the Air Max, and now with the Kobe 9 masterpiece, basketball is part of Flyknit's new frontier.
Kobe's new shoe includes the best of Nike's technologies, not only Flyknit, but also Flywire and Lunarlon . The technologies behind these visually striking shoes provide support and mobility at the same time, and we are not done with Flyknit, not even close, we will continue to expand Flyknit across categories pushing past the boundaries of what people think is possible to deliver incredible products for our consumers. By the way, we just learned of Kobe's injury, and we want to wish him a full and fast recovery.
We are also able to deliver strong results by remaining focused on the consumer and delivering innovative products into a differentiated marketplace. The strength of our portfolio allows us to leverage a focused group of high-energy brands across a globally diverse set of markets and broad range of categories.
Trevor and Don will provide more specifics, but I want to highlight a few examples that reinforce the competitive advantages of our portfolio. First is Converse. With Q2 revenue growth of 14%, Converse continues to deliver great results. Converse is a global brand with a rich history, and we continue to leverage this legacy to drive growth by making Converse relevant to each new generation of consumers around the world.
Next is Western Europe, where revenues grew 18% in the quarter. In early 2012, we decided to reset our strategy in Western Europe. As our second quarter results demonstrate, with the right strategy and the right execution, we can deliver tremendous results, and our futures orders of 26% demonstrate the clear momentum we have in the market, reflecting strong growth across multiple categories.
As we did in Western Europe, we are also executing a reset strategy in China to reposition this critical market for sustainable, profitable growth. It's still early, but we are very encouraged by what we are seeing with China delivering 8% revenue growth and continued improvement in our key performance metrics.
We have applied the insights gain from executing the category offense in North America, first to Western Europe and now in China. This demonstrates our ability to translate key strategies into locally relevant executions to unlock Nike's growth potential.
In 2014, we look forward to some of the most compelling moments in sports. The Super Bowl, the Winter Olympics in Sochi, and of course the World Cup just to name a few. At Nike, events like these are inspiration points for us. These are the moments when we share the stage with the world's greatest athletes and showcase our most innovative products, the products that will go on to transcend these individual events and catalyze new momentum in the marketplace around the world.
With that, here is Trevor to discuss the Nike brand.
Trevor Edwards
Thank you, Mark, and happy holidays everyone. At Nike, we are crossing this quarter's finish line exactly where we always aim to be, out in front. We feel great about where we are halfway through the fiscal year, and at our Investor Meeting, I spoke about the vast opportunity ahead for the Nike brand and our focused strategy to realize that opportunity, and our Q2 results reflect those efforts.
The Nike brand delivered strong results even as we continue to make strategic investments for the future. So, on a constant dollar basis, the Nike brand was up 9% for the quarter with growth across all key categories, product types, and geographies. The Nike brand DTC revenue increased 19% driven by 10% comp store growth, new stores, and the strong increase in online sales. And importantly, global features are up a robust 13%.
Our strategies are working and our investments are paying off. And the reason behind this success is clear, a razor sharp focus on the consumer through the category offense. When you combine our full pipeline of innovative products, our strong connection with consumers and our ability to create compelling retail presentations that elevate the marketplace, it's a winning formula for growth.
Now let's look at how that growth formula is playing out for the Nike brand starting with two of our key categories, basketball and football. Let me start with basketball. This quarter is basketball's largest revenue quarter in our long history with the game. For years, we have built deep and meaningful relationships with consumers through two of the most powerful brands in the world, Nike and the Jordan brand.
Today, with basketball truly a global sport, these relationships now span the entire world. This fueled double-digit growth for the category with combined Nike and Jordan Q2 revenues growing in every single geography. We succeed in basketball for a simple reason. Our relationship with the world's best players gives us unrivalled insight that leads to amazing product innovations which fuel our ability to inspire consumers all over the globe.
It’s that constant innovation that strengthens Nike's position as the world's leader in basketball. With that strong sale of KD 6, the LeBron 11 and the CP 3.7, Chris Paul's signature shoe and anticipation is approaching a fever pitch for the Kobe 9 masterpiece, the first basketball shoe to use the Flyknit technology as Mark discussed. It becomes available in February. You can also see that passion coming to life in the marketplace. Retail destinations, like our own DTC stores or our House Of Hoops with Foot Locker continue to be the go-to places for consumers who live and breathe basketball, in the U.S. and increasingly in Europe. These category focus shopping experiences are a great example of our growth strategy. A focus on the consumer and elevation of the marketplace and the delivery of a superior brand experience.
Now let's talk about the world's largest game, global football. Our business in this category continues to accelerate and with the World Cup just six months away, we will strengthen our position as the world's leading football brand. I feel very confident about our position heading into the World Cup. With 10 teams and the best lineup of products that I have ever seen, I can tell you, it will be an incredible time for football and for Nike.
Above all else, the World Cup let's Nike showcase our game changing product innovations on the global stage. We have already launched an incredible number of products over the last six months alone, starting with the Hypervenom, our most successful boot launch ever. We followed that up with the Hi-Vis 4 Silo, which has a beautiful aesthetic [ph] that enhances the player's ability to see teammates quickly and make critical plays when seconds count.
We also launched the new national team kit for France and the five star champion Brazil and there is still so much more to come. This unmatched pace of innovation and brand energy will continue to drive our growth in this category in the years ahead. Last month, I was in Rio when we launched the new Brazilian team kit and I can tell you the excitement was amazing. The full day of celebration was a tangible expression of Brazil's love affair with the sport. It was a true privilege to witness this shared moment of national pride as we unveiled the team kit.
The electric atmosphere also included the Run Rio 10K and a concert on the beach with tens of thousands of people all there. It was an unbelievable experience that only Nike could deliver. After all, Nike is in the business of making big moments bigger. These are the meaningful experiences that makes the connection of the Nike brand personal for consumers and expand our business potential in key growth markets around the world.
Now, let's focus on our key geographies, starting with the emerging markets. Our Q2 revenue in the emerging markets increased by 3%, well below what we would have expected for this key growth geography, while we had strong growth in nearly every territory, these results are largely offset by a specific significant logistical challenge in Mexico.
In June, we transitioned to a third-party logistics provider in Mexico. The transition did not go as smoothly as planned. As a result, shipments from our distribution center to our wholesale partners were delayed leading to a buildup of inventory in the distribution center and a shortage of Nike product in the market. We are working with our third-party logistics provider to resolve the issue and expect to be shipping to demand by the end of Q3.
As we continue to manage through this logistical issue, we are actively engaging our wholesale partners to ensure the appropriate flow of goods into the marketplace. However, we believe, it will take a few quarters for us to fully regain our business at retail and address residual inventory issues.
Despite these short-term challenges, the Nike brand continues to lead in Mexico and the emerging markets overall. Future orders are strong and we remain confident in the long-term potential of this key growth geography.
Now, let's turn to North America, which continues to be a great example of what the Nike brand offense can accomplish worldwide. In Q2, revenues grew 9% and reported EBIT grew a double-digit for the sixth quarter in a row. The category offense remains a powerful strategy for driving growth and profitability in North America.
By offering an unparalleled consumer experience across wholesale, retail and online, we expand both, the market and our share. This approach drives consistent expansion in our largest categories like running and basketball and allows us to aggressively attack our biggest growth opportunities like our young athletes and our women's businesses. Let me take a second to discuss the last two.
In our young athletes business, we are seeing tremendous momentum with double-digit growth in Q2, which we expect to accelerate through new retail concepts with our wholesale partners like the Nike Fly Zone at Kids Foot Locker, and in women's business, as we discussed at our recent Investor Meeting that Nike training club has helped us build meaningful relationships with women.
We have used this knowledge to create a unique consumer experience in our own retail location and I am pleased to report that our result continues to be very strong. Our women's business in the Nike training club outpaces our other retail doors strong double digits, and because of this response, we are expanding beyond the 20 doors we launched in August and plan to have over 40 Nike NTC doors by the end of this fiscal year.
Overall, we continue to see clear opportunity for growth in North America, as we focus on the needs of our consumers and deliver innovative product in compelling retail experiences.
Now, let's look to China. For Q2, revenues increased 5%, driven by strong growth in basketball and running. We are confident of our strategy will set the foundation for sustainable, profitable growth in China over the long-term and we are making good progress.
First, we are segmenting and differentiating our points of distribution to create more focused consumer experiences and to increase the market capacity. Our leadership position with the consumer lets us offer innovative, performance-led through more compelling retail experiences.
Second, we are sharpening our merchandising strategies. We have recently tested four new concepts in our DTC stores and with our wholesale partners, including new fixtures and a more refined merchandising. Third, we continue to work with our wholesale partners to create a more seamless operating platform, ensuring we get the right product to the right door, at the right time.
While we are still relatively early in the reset process, the results are very encouraging. Comp store sales in our DTC stores were up over 20% in Q2, and our wholesale partners are seeing improvement in those stores that have been re-profiled. In these stores, revenue and sell-through rates are above fleet averages and inventory levels are improving throughout the marketplace. By focusing on increasing retail productivity, we will continue to grow the profit pool and put ourselves in a position for renewed, sustainable growth in China.
Finally in Western Europe, we delivered a great quarter with 15% revenue growth. About two years ago, we made the decision to put a new, more centralized organizational structure in place to better manage key partner relationships and accelerate the implementation of the category offense in Western Europe. That decision is delivering tremendous results.
Key territories such as the UK, Northern Europe and AGS, which comprises Austria, Germany and Switzerland, are showing incredible growth in both revenues and futures. And as is the case elsewhere for the Nike brand, we are leading with performance, showing real strength in Running, Basketball, Football and Women's Training. And we have seen double-digit DTC growth and strong growth with our wholesale partners, driven by new category experiences that bring the power of the Nike brand to life in the marketplace.
Examples include the House of Hoops with Foot Locker in the UK or shop-in-shop executions with Karstadt in Germany or Futbolmania in Spain. As our results demonstrate, the category offense is having a significant impact on our business in Western Europe, and there are still considerable opportunities ahead.
Our results this quarter prove that by focusing on the consumer, we will continue to build our business throughout the many growth opportunities worldwide. The strategies and investments we create that are critical for the strong foundation and we will make the most of those opportunities, now, and in the years to come.
Thanks, and here's Don.
Don Blair
Thanks, Trevor and Happy Holidays, everyone. I would like to begin by highlighting three competitive strengths that underpin our Q2 results and give us confidence in our ability to deliver profitable growth and consistent returns to shareholders.
Let's start with our focus on the consumer. As Trevor discussed, in Q2, the Nike brand delivered growth across each of our geographies, product types and global categories. The key driver of that success is our category offense. We first saw the power of the category offense in North America, which delivered mid-teens revenue and EBIT growth over the last three fiscal years. More recently, the work we have done to implement the strategy globally is accelerating growth in other markets, most recently in Western Europe.
These results underscore our confidence that the category offense will drive profitable growth in other key markets such as China and Brazil. By focusing more sharply on the consumer, we have improved our ability to deliver relevant product innovations, deeper brand connections and compelling retail experiences. The result is incredible topline momentum as well as the product and brand separation that enables premium prices and gross margin expansion.
The second strength is the Nike Inc. portfolio. For a global business spanning 190 countries, there will always be unforeseen macroeconomic and operational factors that affect our business. The breadth of our portfolio, the capabilities of our operating platform and the strength of our balance sheet, give us the tools to manage the impact of these factors on our consolidated results and the depth of our management team gives us the ability to use those tools to deliver sustainable growth in profits and cash flows.
That brings me to the third strength, which is our ongoing commitment to investing for the future and delivering near term profitability. So far this year, we have delivered strong EPS growth and return on invested capital reached a new high increasing nearly six points to over 26%, and in the first six months of the year, we have returned over $1 billion to shareholders, through share repurchases and dividends.
We were able to deliver these returns because we have invested in growth strategies such as product innovation, digital infrastructure and marketplace development both wholesale and DTC and we will continue to invest in those strategies, allocating resources to the highest potential opportunities to maximize returns.
With that introduction, let's recap our Q2 results. Second quarter reported Revenues for Nike, Inc. increased 8%. On a currency-neutral basis, both Nike, Inc. and Nike Brand revenues increased 9%, while Converse increased 11%.
Also on a currency-neutral basis, Nike brand futures orders increased 13%, driven by a 10% increase in units and a 3% increase in average selling price. Futures for most of our geographies increased at a double-digit pace, driven by strong demand across multiple categories, including global football, sportswear, running, basketball and women's training.
On a reported basis, futures grew 12%, reflecting weaker international currencies. Second quarter diluted EPS increased 4% to $0.59, driven by revenue growth, gross margin expansion and a lower tax rate, partially offset by higher year-over-year SG&A investments and stiffer FX headwinds.
We have discussed the phasing of SG&A spending on previous calls. As a result of the timing of investments in FY'13 and FY'14, we expected FY'14 EPS growth to be significantly front-loaded in Q1, with lower growth over the balance of the year.
We have also discussed the significant impact of weaker international currencies, which reduce our gross margin and erode the U.S. dollar value of local currency profits. We estimate changes in currency exchange rates reduced our EPS growth by about 10 percentage points for both, the second quarter and year-to-date. As we have noted on previous calls, we expect FX headwinds to continue to pressure balance of year earnings growth.
Gross Margin for the second quarter increased 140 basis points. The favorability was driven by a mix shift to higher margin products and businesses, higher average prices and lower raw material costs as well as the continued strength of our DTC business. These positive factors were partially offset by higher labor costs and continued FX headwinds, due largely to weaker developing market currencies. As expected, Q2 SG&A spending rose at a mid-teens rate, with demand creation increasing 13% and operating overhead up 14%.
Second quarter demand creation spending was higher to support new product launches, including the World Cup kits and FuelBand SE that Mark mentioned, as well as global running events and the ramp up to the Winter Olympics. The increase in operating overhead reflects targeted investments in long-term infrastructure and capabilities, growth in our higher gross margin higher cost DTC business, as well as continued investments in digital.
Other expense net was $13 million for the quarter, driven primarily by a charge related to an adverse legal judgment in Western Europe. The Q2 Effective Tax Rate was 25.1%, a 170-basis point improvement versus the prior year, due primarily to an increase in earnings from our operations outside of the U.S., which are generally subject to a lower tax rates.
Q2 inventories grew 11%, below the rate of futures growth. Inventories are generally in good shape, though we are continuing to work through pockets of excess inventory created by distribution center issues in Mexico and some slow moving footwear styles in North America, most notably a line of retro training footwear. With our well-developed liquidation channels, we are confident we have the appropriate plans in place to address these situations.
Now, let's take a look at some performance highlights by segment. In North America, Q2 revenue increased 9% on both, the reported and constant currency basis, driven by growth across all key categories, including double-digit growth in basketball and women's training.
For the quarter, footwear revenue increased 10%, while apparel rose 9%. DTC revenues grew 12% in the quarter, driven by 7% comp store sales growth. On a reported basis, Q2 EBIT for North America grew 15%, due to strong revenue growth and gross margin expansion. In Western Europe, Q2 revenues increased 15% on a currency-neutral basis.
As Trevor discussed, we continue to be very pleased with the growth of our business in Western Europe, following our strategic reset in 2012. Growth continues to accelerate at an impressive rate, led by double-digit growth in Sportswear, Running, Basketball and Women's Training, as well as in our Young Athlete's business.
Territory performance was led by the UK and AGS, with revenues increasing over 20% in each territory. On a reported basis, Q2 revenue for Western Europe increased 18% and EBIT increased 12%, driven by revenue growth and gross margin expansion, partially offset by the legal charge I mentioned earlier.
In Greater China, currency-neutral revenue grew 5%, led by growth in Basketball, Running, Sportswear and Global Football. On a reported basis, Q2 revenue in Greater China increased 8% and EBIT increased 5% as revenue growth was partially offset by investments in our DTC business. As both Mark and Trevor indicated in their earlier remarks, we have seen encouraging results in partner stores we have reset with more focused assortments, and Nike DTC stores continue to perform well, with comp store growth over 20% for the third consecutive quarter.
These results are an indication that our strategies are the right ones and we are now working with our retail partners to refine and scale them. As we have said previously, our futures and revenue growth for China won't necessarily show sequential improvement every quarter as we move through this transition. While we work with our retailers to manage the marketplace with greater discipline, year-on-year changes in cancellations, returns and discounts will create volatility in revenue growth and disparities between futures growth and revenue growth. At this point, we continue to expect overall FY14 revenue to be roughly in line with the prior year with single digit revenue growth in Q3 and flat to down revenue in Q4.
Revenue in the emerging markets geography grew 3% on a currency-neutral basis, driven by higher revenues in nearly every territory and double-digit growth in the largest territory, Brazil. Although revenues for the geography were above the prior year, the rate of growth was significantly below the rate we would expect, driven primarily by the impact of ongoing supply chain challenges in Mexico. On a reported basis, revenue in the emerging markets declined 4% and EBIT decreased 18% due to the adverse impact of FX headwinds on gross margin and translation. The decline in EBIT also reflected increased demand creation investments in advance of the World Cup and higher operating overhead for new retail stores and the launch of nike.com in Brazil.
Converse revenue grew 11% on a currency-neutral basis, driven by continued strength in our largest owned markets, North America, the UK and China. On a reported basis, revenue increased 14% while EBIT grew 10%, as revenue growth was partially offset by investments in demand creation, infrastructure and DTC. We are pleased by the underlying strength of our business and expect that momentum to continue over the balance of the fiscal year.
That said, FX headwinds have had a significant impact on our EPS growth for the first half and we expect to face ongoing pressure from weaker developing market currencies over the balance of the fiscal year. Our updated full year guidance reflects both the year-to-date and forecasted balance of year impact of this FX pressure.
Specifically, we expect revenue for Q3 to grow at a high-single digit to low-double digit rate and Q4 to grow at a low double-digit rate, reflecting the weighting of futures orders to the back half of the futures window. For the full year, we expect revenue to grow at a high-single to low-double digit rate. Gross margin for the first half of the fiscal year exceeded our expectations as we saw a mix shift to higher margin products, higher average selling prices and continued strength in our DTC business.
While we expect these factors will continue to drive margin expansion in the second half of the fiscal year, we will be facing new pressures as raw material costs shift from tailwinds to headwinds and we increase discounts to clear pockets of excess inventory. We also expect to face continued pressure from labor costs and foreign exchange. As a result, we expect gross margin to expand by about 25 basis points in each of Q3 and Q4. For full year FY'14, we now expect gross margin expansion of approximately 75 basis points.
For Q3, we expect total SG&A to grow at a high-teen's rate, driven by demand creation growth of over 20%, reflecting phasing of spending in support of key sporting events, as well as comparisons to a relatively lower level of spending in the third quarter of FY'13.
We expect operating overhead to grow at a high-teen's rate in Q3, reflecting ongoing investments in strategic initiatives. For the full year, we now expect SG&A will grow at a low-teen's rate. For FY'14, we continue to expect the effective tax rate will be about 25%.
As Mark said at the top of the call, we feel great about the strong results we delivered in the first half of the year. As we look ahead to the second half of FY'14, we will continue to make strategic investments to drive long-term growth, even as we capitalize on those investments we have already made to deliver appropriate returns for our shareholders in the near-term.
We are now ready to take your questions.
Earnings Call Part 2: Q&A with Nike Inc. CEO
Consumer Discretionary Finance Nike
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Global Footwear Industry
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December 10, 2013 7:56 AM
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NEW YORK, Dec. 10, 2013 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue: Global Footwear Industry http://www.reportlinker.com/p01374899/Global-Footwear-Industry.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Footwear This report analyzes the worldwide markets for Footwear in US$ Million and Million Pairs by the following Product Categories/Segments: Athletic Footwear (Aerobic, Baseball, Basketball, Cricket, Cross-Training, Soccer, Running, Tennis, Walking, Hiking, Hockey, Athleisure, & Others), Outdoor/Rugged Footwear, Casual Footwear, Dress/Formal Footwear, and Footwear Accessories. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Latin America, Middle East/Africa, and Latin America. Annual estimates and forecasts are provided for the period 2010 through 2018. Also, a six-year historic analysis is provided for these markets. Company profiles are primarily based on public domain information including company URLs. The report profiles 587 companies including leading manufacturers such as -adidas AGReebok InternationalANTA Sports Products LimitedASICSBata Shoe OrganizationBata India Ltd.Power Athletics LimitedI. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONSStudy Reliability and Reporting Limitations I-1Disclaimers I-2Data Interpretation & Reporting Level I-2Quantitative Techniques & Analytics I-2Product Definitions and Scope of Study I-3Athletic Footwear I-4Aerobic Shoes I-4Athleisure Footwear I-4Baseball Footwear I-4Basketball Footwear I-4Cricket Footwear I-4Cross-Training I-4Running Shoes I-5Soccer Shoes I-5Tennis Shoes I-5Walking Shoes I-5Hiking Shoes I-5Other Athletic Footwear I-5Outdoor/Rugged Footwear I-5Casual Footwear I-6Dress/Formal Footwear I-6Footwear Accessories I-6Socks I-6Insoles I-6Gaiters I-6II. EXECUTIVE SUMMARY1. GLOBAL MARKET OVERVIEW & ANALYSIS II-1Footwear Industry - A Prelude II-1Outlook II-2Volume Analysis II-2Value Analysis II-2Branded Footwear Market - An Overview II-2Rift between Production and Consumption Narrows II-3Recession and Beyond II-3Year 2012 in Review II-4Near-Term prospects II-5Europe -Spending Remains Subdued II-5Developing Markets On the Radar II-6Chinese Retail Footwear Sector Awaits Turnaround II-6Footwear Companies Turn to Economic Production Strategies II-7Companies Eye Other Outsourcing Destinations Beyond China II-8Table 1: Nike's Footwear Sourcing Mix by Country: 2006-2012(includes corresponding Graph/Chart) II-9Table 2: adidas Footwear Sourcing by Country: 2012 (includescorresponding Graph/Chart) II-9Proximity Playing A Key Role for Setting-Up ManufacturingOperations II-9Asia Gearing Up to Uphold Position as Largest Production Base II-10Cross Industry Forays Rife II-102. NON-ATHELETIC FOOTWEAR - NOTEWORTHY TRENDS II-11Eco-Friendly Footwear - Future Directions II-11Emergence of New Design Themes II-11Moving in Line with Changing Fashion Trends II-11Men's Shoes - Making a Style Statement II-12Fashion and Comfort - Top on Women's Shopping List II-12Multifunctional Shoes Gain Popularity II-12Innovations in Footwear Components II-13Luxury Footwear Industry - Recession Proof or Not!! II-13Affordable Luxury - Not just an Oxymoron in Footwear Space II-14Luxury Footwear Designers Gain Traction II-14Increasing Popularity of Private Labels II-15Outdoor Footwear Gets Diversified II-163. SCANNING THE ATHELETIC FOOTWEAR TRENDS II-17Athletic Footwear - A Gift for All Occasions II-17Riding High on Basketball II-17Running Shoes Sprint on Advanced Footwear Technology II-17Growing Sophistication of Manufacturing Technologies II-18Opportunities Rife for New Players in Running Shoes Segment II-18Shifting Focus from Minimalist to Lightweight Running Shoes II-19The Smaller the Better: Launching Super-lightweight Trainers II-19Trail Running Footwear Pick Pace II-20Move towards Natural Motion II-20Trekking Shoes - Going on an Uphill Journey II-20Cross Trainers - Increasingly Designed for Outdoor Wear... II-20Move Towards Unconventional Brand Names... II-21Shifting Brand Loyalty - A Major Concern! II-214. COMPETITION II-22Casual Footwear Market II-22Table 3: Global Casual Footwear Market (2012): PercentageBreakdown of Sales by Leading Players (includes correspondingGraph/Chart) II-22Table 4: Global Outdoor Footwear Market (2012): PercentageBreakdown of Sales by Leading Players (includes correspondingGraph/Chart) II-23Competition in the Atheletic Footwear Segment II-23Table 5: Global Athletic Footwear Market (2012): PercentageBreakdown of Sales by Leading Players(includes correspondingGraph/Chart) II-24Nike - Going Strong II-24Adidas - The Closest Competitor II-25Puma Narrows Production II-25Under Armour Spikes Up Among New Entrants II-25Table 6: Under Armour's Market Share Trends in the RunningFootwear Market (2011-2012) (includes correspondingGraph/Chart) II-252012: Mixed Player Reactions Across the Globe II-265. INDUSTRY PROFILE II-28Production Scenario II-28Table 7: Footwear Production by Geographic Region (2012):Percentage Breakdown by Volume for Asia, South America,Africa, Europe, North America and Oceania (includescorresponding Graph/Chart) II-28Table 8: Leading Manufacturing Nations in Global FootwearMarket (2012): Percentage Share Breakdown of VolumeProduction by Country (includes corresponding Graph/Chart) II-29Reviewing the Outsourcing Phenomenon II-29Table 9: High-End Footwear Production Volume Trends forItaly, Spain and Europe (2004-2012) (includes correspondingGraph/Chart) II-29Footwear Consumption: Characterized by Dynamism II-30Table 10: Global Footwear Market (2013E): Percentage ShareBreakdown of Volume Consumption by Region (includescorresponding Graph/Chart) II-30Table 11: Leading Regional Markets for Footwear by Per capitaConsumption (2013) (includes corresponding Graph/Chart) II-30Export Landscape II-30Table 12: Global Footwear Exports (2012): Percentage ShareBreakdown of Export Volume by Geographic Region (includescorresponding Graph/Chart) II-31China: The Dominating Export Power-House II-31Table 13: Global Footwear Exports (2012): Percentage ShareBreakdown of Export Volume by Country (includescorresponding Graph/Chart) II-31Table 14: Global Footwear Exports (2011): Percentage ShareBreakdown of Export Value by Country (includes correspondingGraph/Chart) II-32Pricing Trends II-32Table 15: Average Export Price (in US$) in Leading FootwearExporting Companies for the Year 2011 (includescorresponding Graph/Chart) II-33Table 16: Global Exports by Type of footwear (2011):Percentage Breakdown for Rubber and Plastic, Leather,Textile and Others (includes corresponding Graph/Chart) II-33Global Import Scenario II-33Table 17: Average Import Price (in US$) in Leading FootwearImporting Nations for Year 2012 (includes correspondingGraph/Chart) II-34Table 18: Global Footwear Imports (2012): Percentage ShareBreakdown of Import Volume by Country (includes correspondingGraph/Chart) II-34Table 19: Global Footwear Imports (2012): Percentage ShareBreakdown of Import Value by Country (includes correspondingGraph/Chart) II-356. ATHLETIC FOOTWEAR - A BRIEF MARKET SCAN II-36Fashion-Statements Override Brand Aspirations II-36Supply Factors II-37Pricing - A Marketing Tool for Athletic Footwear Chains II-37Short Lead Times Spell Success in a Dynamic Market II-37In a Mature Phase... II-37Threats to the Athletic Footwear Segment? II-38Licensing Needs a Shot in the Arm II-38Female Footwear Market - An Aggressive Growth Segment... II-39Online Sales Pick up Pace II-397. CONSUMER INSIGHTS II-40Consumerism in the 21st Century II-40Forces Shaping Consumerism II-40Time - A Rare Commodity II-40Freedom - The Prized Possession II-40Meeting the Evolving LifeStyles II-40Battle Between the Body and Soul II-41Advent of a Global Network II-41Price and Comfort - The Eternal Favorites II-41Caught in the Rip Van Winkle Act II-41Branding - What the Consumer Looks for II-42Female Footwear Market II-42The Replacement Issue II-42The Teen Market II-43Kids - The Retailers' New Favorites II-43Baby Boomers - Changing Priorities II-438. RETAIL ENVIRONMENT II-44Logistics II-44Retailers Under Pressure II-44Small Shops - The Most Favored Targets II-45Investment Areas for Retailers in the 21st Century II-45Shelf Presence II-46'Space Lifting' Footwear Retailing II-46E- Commerce - Evolving as a Vibrant Medium II-47'Proactive' Merchandising In-Store Garners Momentum II-47Point-of-Sale Data - Understanding the Needs of the Consumer.... II-47Huge Discounting II-47Co-Branding - Crucial for the Success of P-O-P Displays? II-48Manufacturers Evolving too II-489. PRODUCT OVERVIEW II-49History of Footwear II-49Moccasin II-49Sandal II-49Boot II-49Clog II-49Mule II-50Pumps II-50Oxford II-50Footwear Style & Fashion II-50Sneakers II-50Product Definitions II-51Athletic Footwear II-51Components of Athletic Footwear II-51Upper II-51Midsole II-51Insert II-51Outsole II-52Aerobic Shoes II-52Athleisure Footwear II-52Baseball Footwear II-52Basketball Footwear II-52Cricket Footwear II-52Cross-Training II-52Running Shoes II-53Soccer Shoes II-53Tennis Shoes II-53Walking Shoes II-53Hiking Shoes II-53Other Athletic Footwear II-53Outdoor/Rugged Footwear II-53Trekking and Walking Boots II-543-4 Season Boots II-543 Season Boots II-54Mountaineering Boots II-54Backpacking Boots II-54Hiking Boots II-54Approach Shoes II-54Technical Shoes II-55Casual Footwear II-55Dress/Formal Footwear II-55Footwear Accessories II-56Socks II-56Insoles II-56Gaiters II-5610. RECENT INDUSTRY ACTIVITY II-57Foot Locker Acquires Runners Point Group II-57Implus Takes over Penguin Brands Assets II-57E.Land with K-Swiss Inc. Acquires OTZ Shoes II-57Galaxy Brand Acquires Nevados and Avia from Brown Shoe II-57Justin Brands Inc. Acquires Highland Shoe II-58K-Swiss Merges with E. Land World II-58Future Ventures Acquires 33% Share in Tresmode II-58Deckers Outdoor Takes Over Hoka One One II-58Apax Partners Acquires Cole Haan II-58Sequential Brands Group Completes Acquisition of Heelys II-59Vida Shoes International Takes Over Andre Assous II-59Eland Group Purchases K-Swiss II-59Shoon to Take Over Footwear Business of Jane Shilton II-59Mills Halifax to Take Over Kick Ass Shoes II-59Brown Shoe to Open Famous Footwear Chain in Canada II-60ShoeDazzle® and JustFab® Merge II-60OJSC BTC Group Acquires Majority Stake in Salsk-obuv II-60OrthoLite and Oliberté Enter into Partnership II-60bebe Stores and ALDO Product Services Sign Licensing Agreement II-60Aeropostale Takes Over GoJane II-61Intersport Takes Over The Athlete's Foot II-61Wolverine Worldwide, Blum Capital and Golden Gate CapitalTogether Acquire Collective Brands II-61Weisfeld Group and Anthony L&S Footwear Acquire Iconic EtonicWorldwide from Lotto Sport Italia II-61INA International Acquires Golden Viking Sports II-62Zumiez Signs Definitive Agreement to Acquire Blue Tomato II-62William Lamb Merges with Rushton Ablett II-62New Balance Inks License Agreement with Black Box Distribution II-62GE Enters into Collaboration with VEGAM II-63O'Neill and Bos Group Ink New Footwear License Agreement II-63Wolverine Worldwide and Tata International Form Joint Venture II-63Kigo Footwear Enters into Partnership with Soles4Souls and PLUS II-63A2b Fulfillment Enters into Partnership with Kigo Footwear II-64PEI Licensing and Shoe Confession Ink Exclusive License Agreement II-64RSG Acquires Stores of Run On! II-64Aeropostale Takes Over GoJane II-64Apax Partners Inks Definitive Agreement to Takeover Cole Haan II-65Iconix Brand Group Takes Over Umbro from NIKE II-65Sequential Brands to Takeover Heelys II-65Zumiez Inks Definitive Purchase Agreement to Takeover Blue Tomato II-65Sequential Brands Group Inks Definitive Agreement to Take OverDVS Brand II-66ABC-Mart and LaCrosse Footwear Sign Definitive Agreement II-66IIC-Intersport International Inks Agreement to Take OverAthlete's Foot Franchising II-66Deckers Outdoor Announces Investment in Hoka One One II-66Macy's and Finish Line Ink Agreement II-67Ferrari Extends Partnership with PUMA II-67R.G. Barry Acquires Foot Petals II-67VF Takes Over Timberland II-67Bakers Footwear Group and Steven Madden Ink Trademark Sale andLicense Agreement II-68Grace Group Inks LOI with Unión Del Cuero y Del Calzado de Cuba II-68Collective Brands and Lew Footwear Holdings Ink Agreement II-68Finish Line Takes Over Assets of 18-Store Specialty Running Chain II-6811. PRODUCT LAUNCHES/DEVELOPMENTS II-69adidas Unveils Springblade Running Shoe II-69Orthotic Shop Rolls Out Fall 3013 Footwear Collection II-69Cat Footwear Launches Liberty Work Boot II-69adidas Rolls Out adizero f50 Premium Pack II-69adidas Launches New Adizero f50 Messi Football Boots II-69adidas Rolls Out adidas by Stella McCartney Barricade Shoe II-69adidas by Stella Mccartney Unveils Struthio BOOST Shoe II-70Ahnu® Launches New Sugarpine Hiking Boot Collection II-70MOZO® Shoes Launches New Footwear Lines II-70MOZO® Shoes Rolls Out Natural Collection of Contemporary Shoes II-70The Quorum Group Unveils Skora "Real Running" Shoe Brand inthe Philippines II-70Pearl Izumi Introduces Project E: Motion Running Footwear II-71PROSPECS Introduces Technical Athletic Footwear II-71adidas Launches Innovative Energy Boost Running Shoes II-71Ektio Introduces The Breakaway Shoes II-72Asics America Unveils Range for Athletic Training Footwear II-72Finish Line and Sean John Introduce Casual Athletic FootwearRange II-73Nike Introduces Nike Free Hyperfeel and Nike Free FlyknitRunning Shoes II-73Yuvastyle Introduces Bacca Bucci India II-73Weinbrenner Shoe to Reintroduce Wood N' Stream Outdoor Footwear II-74Nike Golf Develops Free-Inspired Nike FI Impact Sportswear forWomen II-74adidas Introduces adizero Crazy Light 3 Basketball Shoes II-74Athletic Propulsion Labs® Basketball Shoes II-74Rocky Brands Unleashes Rocky 4EurSole Healthcare Footwear II-75Paul Evans Launches New Luxury Footwear II-76Mark Lemp Footwear Unleashes Rose Petals by Walking Cradles®Dress Footwear II-76New England Footwear Introduces New GoLite Collections II-76Nike Introduces New Lunaraccelerate and Lunardominate CricketShoes II-76Puma Unveils Mobium Elite Shoe II-77Newton Running to Introduce BoCo AT Trail Running Shoe II-77Newton Running Introduces EnergyNR Running Shoes II-77Zamshu Unveils Kaleza Z-12 Football Boots II-78Dawgs Footwear to Unveil the Latest Loudmouth® LicensedFootwear Range II-78Nike Introduces Studio Wrap Footwear for Yoga II-78Huntsman International Rolls Out DALTOPED® LITE PolyetherMaterial II-78Mizuno USA Introduces 9-Spike™ Advanced Classic Cleat Footwear II-79Under Armour Releases UA Spine RPM Range of Footwear II-79VF to Launch Vans LXVI Range of Athletic Footwear II-79Globalite Industries Rolls Out Globalite Range of Footwear II-79HEAD Releases HEAD Speed Pro Lite Tennis Shoe II-80Alberto Torresi Introduces New Men's Formal Footwear Collection II-80Nike Basketball Rolls Out Elite Series Lightweight Shoes II-80Sazzi Unveils New Toe Motion Footwear Range II-80Nike Launches Nike+ Training and Nike+ Basketball Digitally-Enhanced Footwear Ranges II-81Nike Unveils Nike Flyknit Lightweight Running Footwear for2012 Olympics II-81ECCO Golf Footwear Rolls Out 2012 Golf Shoe Collection for Men II-81adidas Introduces Adizero Primeknit Running Shoe II-81Saint and Libertine New York Introduces Ivy Kirzhner Women'sFootwear Range II-82Soft Star Shoes Rolls Out New Barefoot Shoes for Men, Womenand Older Children II-82adidas Introduces Predator® Lethal Zones Boot II-82Ahnu Footwear Unveils Yoga-Inspired Escape Collection FootwearRange II-82Teva® Unveils New Mountain Bike Shoe Range II-83UGG Launches Fall 2012 Men's Footwear Collection II-83Skechers Announces Relaxed Fit Footwear Roll Out II-83Converse Announces Launch of Exclusive Jack Purcell FootwearRange II-83adidas Unveils New adiZero Crazy Light Basketball Shoe II-84Tommy Hilfiger Introduces New Footwear Range II-84NIKE Introduces New High-Performance Footwear II-84Jordan Brand Unveils AIR JORDAN 2011 II-84Payless ShoeSource Launches ATR Basketball Shoes II-85Columbus Shoes Introduces Alien Shoes II-85URO Group Introduces Urenium Footwear II-8512. FOCUS ON SELECT GLOBAL PLAYERS II-86Leading Manufacturers II-86adidas AG (Germany) II-86Reebok International (US) II-86ANTA Sports Products Limited (China) II-87ASICS (Japan) II-88Bata Shoe Organization (Switzerland) II-88Bata India Ltd. (India) II-89Power Athletics Limited (Canada) II-89Deckers Outdoor Corporation (US) II-89ECCO Sko A/S (Denmark) II-90Geox (Italy) II-90Gucci Group (Italy) II-91Kenneth Cole Productions, Inc. (US) II-91LaCrosse Footwear, Inc. (US) II-91Nike Inc. (US) II-92Nine West Group Inc. (US) II-93Puma AG (Germany) II-93R.G. Barry Corporation (US) II-93Timberland LLC (US) II-94Vans, Inc. (US) II-94Weyco Group Inc. (US) II-95Wolverine World Wide, Inc. (US) II-95Leading Footwear Retailers II-96Brown Shoe Company, Inc. (US) II-96Foot Locker, Inc. (US) II-97Payless ShoeSource Inc. (US) II-97The Athlete's Foot Brands, LLC (US) II-97The Finish Line, Inc. (US) II-98The Sports Authority, Inc. (US) II-9813. GLOBAL MARKET PERSPECTIVE II-99Table 20: World Recent Past, Current & Future Analysis forFootwear by Geographic Region - US, Canada, Japan, Europe,Asia-Pacific (excluding Japan), Middle East & Africa and LatinAmerica Markets Independently Analyzed with Annual SalesFigures in Million Pairs for Years 2010 through 2018 (includescorresponding Graph/Chart) II-99Table 21: World Historic Review for Footwear by GeographicRegion - US, Canada, Japan, Europe, Asia-Pacific (excludingJapan), Middle East & Africa and Latin America MarketsIndependently Analyzed with Annual Sales Figures in MillionPairs for Years 2004 through 2009 (includes correspondingGraph/Chart) II-100Table 22: World 15-Year Perspective for Footwear by GeographicRegion - Percentage Breakdown of Unit Sales for US, Canada,Japan, Europe, Asia-Pacific (excluding Japan), Middle East &Africa and Latin America Markets for Years 2004, 2013 and 2018(includes corresponding Graph/Chart) II-101Table 23: World Recent Past, Current & Future Analysis forFootwear by Geographic Region - US, Canada, Japan, Europe,Asia-Pacific (excluding Japan), Middle East & Africa and LatinAmerica Markets Independently Analyzed with Annual SalesFigures in US$ Million for Years 2010 through 2018 (includescorresponding Graph/Chart) II-102Table 24: World Historic Review for Footwear by GeographicRegion - US, Canada, Japan, Europe, Asia-Pacific (excludingJapan), Middle East & Africa and Latin America MarketsIndependently Analyzed with Annual Sales Figures in US$Million for Years 2004 through 2009 (includes correspondingGraph/Chart) II-103Table 25: World 15-Year Perspective for Footwear by GeographicRegion - Percentage Breakdown of Dollar Sales for US, Canada,Japan, Europe, Asia-Pacific (excluding Japan), Middle East &Africa and Latin America Markets for Years 2004, 2013 and 2018(includes corresponding Graph/Chart) II-104Product Segment by Unit Sales II-105Table 26: World Recent Past, Current & Future Analysis forAthletic Footwear by Geographic Region - US, Canada, Japan,Europe, Asia-Pacific (excluding Japan), Middle East & Africaand Latin America Markets Independently Analyzed with AnnualSales Figures in Million Pairs for Years 2010 through 2018(includes corresponding Graph/Chart) II-105Table 27: World Historic Review for Athletic Footwear byGeographic Region - US, Canada, Japan, Europe, Asia-Pacific(excluding Japan), Middle East & Africa and Latin AmericaMarkets Independently Analyzed with Annual Sales Figures inMillion Pairs for Years 2004 through 2009 (includescorresponding Graph/Chart) II-106Table 28: World 15-Year Perspective for Athletic Footwear byGeographic Region - Percentage Breakdown of Unit Sales for US,Canada, Japan, Europe, Asia-Pacific (excluding Japan), MiddleEast & Africa and Latin America Markets for Years 2004, 2013and 2018 (includes corresponding Graph/Chart) II-107Table 29: World Recent Past, Current & Future Analysis forAthletic Footwear by Product Segment - Aerobic, Baseball,Basketball, Cricket, Cross-Training, Soccer, Running, Tennis,Walking, Hiking, Hockey, Athleisure, and Others MarketsIndependently Analyzed with Annual Sales Figures in MillionPairs for Years 2010 through 2018 (includes correspondingGraph/Chart) II-108Table 30: World Historic Review for Athletic Footwear byProduct Segment - Aerobic, Baseball, Basketball, Cricket,Cross-Training, Soccer, Running, Tennis, Walking, Hiking,Hockey, Athleisure, and Others Markets Independently Analyzedwith Annual Sales Figures in Million Pairs for Years 2004through 2009 (includes corresponding Graph/Chart) II-109Table 31: World 15-Year Perspective for Athletic Footwear byProduct Segment - Percentage Breakdown of Unit Sales forAerobic, Baseball, Basketball, Cricket, Cross-Training,Soccer, Running, Tennis, Walking, Hiking, Hockey, Athleisure,and Others Markets for Years 2004, 2013 and 2018 (includescorresponding Graph/Chart) II-110Table 32: World Recent Past, Current & Future Analysis forOutdoor/Rugged Footwear by Geographic Region - US, Canada,Japan, Europe, Asia-Pacific (excluding Japan), Middle East &Africa and Latin America Markets Independently Analyzed withAnnual Sales Figures in Million Pairs for Years 2010 through2018 (includes corresponding Graph/Chart) II-111Table 33: World Historic Review for Outdoor/Rugged Footwear byGeographic Region - US, Canada, Japan, Europe, Asia-Pacific(excluding Japan), Middle East & Africa and Latin AmericaMarkets Independently Analyzed with Annual Sales Figures inMillion Pairs for Years 2004 through 2009 (includescorresponding Graph/Chart) II-112Table 34: World 15-Year Perspective for Outdoor/ RuggedFootwear by Geographic Region - Percentage Breakdown of UnitSales for US, Canada, Japan, Europe, Asia-Pacific (excludingJapan), Middle East & Africa and Latin America Markets forYears 2004, 2013 and 2018 (includes corresponding Graph/Chart) II-113Table 35: World Recent Past, Current & Future Analysis forCasual Footwear by Geographic Region - US, Canada, Japan,Europe, Asia-Pacific (excluding Japan), Middle East & Africaand Latin America Markets Independently Analyzed with AnnualSales Figures in Million Pairs for Years 2010 through 2018(includes corresponding Graph/Chart) II-114Table 36: World Historic Review for Casual Footwear byGeographic Region - US, Canada, Japan, Europe, Asia-Pacific(excluding Japan), Middle East & Africa and Latin AmericaMarkets Independently Analyzed with Annual Sales Figures inMillion Pairs for Years 2004 through 2009 (includescorresponding Graph/Chart) II-115Table 37: World 15-Year Perspective for Casual Footwear byGeographic Region - Percentage Breakdown of Unit Sales for US,Canada, Japan, Europe, Asia-Pacific (excluding Japan), MiddleEast & Africa and Latin America Markets for Years 2004, 2013and 2018 (includes corresponding Graph/Chart) II-116Table 38: World Recent Past, Current & Future Analysis forDress/Formal Footwear by Geographic Region - US, Canada,Japan, Europe, Asia-Pacific (excluding Japan), Middle East &Africa and Latin America Markets Independently Analyzed withAnnual Sales Figures in Million Pairs for Years 2010 through2018 (includes corresponding Graph/Chart) II-117Table 39: World Historic Review for Dress/Formal Footwear byGeographic Region - US, Canada, Japan, Europe, Asia-Pacific(excluding Japan), Middle East & Africa and Latin AmericaMarkets Independently Analyzed with Annual Sales Figures inMillion Pairs for Years 2004 through 2009 (includescorresponding Graph/Chart) II-118Table 40: World 15-Year Perspective for Dress/Formal Footwearby Geographic Region - Percentage Breakdown of Unit Sales forUS, Canada, Japan, Europe, Asia-Pacific (excluding Japan),Middle East & Africa and Latin America Markets for Years 2004,2013 and 2018 (includes corresponding Graph/Chart) II-119Product Segment by Value Sales II-120Table 41: World Recent Past, Current & Future Analysis forAthletic Footwear by Geographic Region - US, Canada, Japan,Europe, Asia-Pacific (excluding Japan), Middle East & Africaand Latin America Markets Independently Analyzed with AnnualSales Figures in US$ Million for Years 2010 through 2018(includes corresponding Graph/Chart) II-120Table 42: World Historic Review for Athletic Footwear byGeographic Region - US, Canada, Japan, Europe, Asia-Pacific(excluding Japan), Middle East & Africa and Latin AmericaMarkets Independently Analyzed with Annual Sales Figures inUS$ Million for Years 2004 through 2009 (includescorresponding Graph/Chart) II-121Table 43: World 15-Year Perspective for Athletic Footwear byGeographic Region - Percentage Breakdown of Dollar Sales forUS, Canada, Japan, Europe, Asia-Pacific (excluding Japan),Middle East & Africa and Latin America Markets for Years 2004,2013 and 2018 (includes corresponding Graph/Chart) II-122Table 44: World Recent Past, Current & Future Analysis forAthletic Footwear by Product Segment - Aerobic, Baseball,Basketball, Cricket, Cross-Training, Soccer, Running, Tennis,Walking, Hiking, Hockey, Athleisure, and Others MarketsIndependently Analyzed with Annual Sales Figures in US$Million for Years 2010 through 2018 (includes correspondingGraph/Chart) II-123Table 45: World Historic Review for Athletic Footwear byProduct Segment - Aerobic, Baseball, Basketball, Cricket,Cross-Training, Soccer, Running, Tennis, Walking, Hiking,Hockey, Athleisure, and Others Markets Independently Analyzedwith Annual Sales Figures in US$ Million for Years 2004through 2009 (includes corresponding Graph/Chart) II-124Table 46: World 15-Year Perspective for Athletic Footwear byProduct Segment - Percentage Breakdown of Dollar Sales forAerobic, Baseball, Basketball, Cricket, Cross-Training,Soccer, Running, Tennis, Walking, Hiking, Hockey, Athleisure,and Others Markets for Years 2004, 2013 and 2018 (includescorresponding Graph/Chart) II-125Table 47: World Recent Past, Current & Future Analysis forOutdoor/Rugged Footwear by Geographic Region - US, Canada,Japan, Europe, Asia-Pacific (excluding Japan), Middle East &Africa and Latin America Markets Independently Analyzed withAnnual Sales Figures in US$ Million for Years 2010 through2018 (includes corresponding Graph/Chart) II-126Table 48: World Historic Review for Outdoor/Rugged Footwear byGeographic Region - US, Canada, Japan, Europe, Asia-Pacific(excluding Japan), Middle East & Africa and Latin AmericaMarkets Independently Analyzed with Annual Sales Figures inUS$ Million for Years 2004 through 2009 (includescorresponding Graph/Chart) II-127Table 49: World 15-Year Perspective for Outdoor/ RuggedFootwear by Geographic Region - Percentage Breakdown of DollarSales for US, Canada, Japan, Europe, Asia-Pacific (excludingJapan), Middle East & Africa and Latin America Markets forYears 2004, 2013 and 2018 (includes corresponding Graph/Chart) II-128Table 50: World Recent Past, Current & Future Analysis forCasual Footwear by Geographic Region - US, Canada, Japan,Europe, Asia-Pacific (excluding Japan), Middle East & Africaand Latin America Markets Independently Analyzed with AnnualSales Figures in US$ Million for Years 2010 through 2018(includes corresponding Graph/Chart) II-129Table 51: World Historic Review for Casual Footwear byGeographic Region - US, Canada, Japan, Europe, Asia-Pacific(excluding Japan), Middle East & Africa and Latin AmericaMarkets Independently Analyzed with Annual Sales Figures inUS$ Million for Years 2004 through 2009 (includescorresponding Graph/Chart) II-130Table 52: World 15-Year Perspective for Casual Footwear byGeographic Region - Percentage Breakdown of Dollar Sales forUS, Canada, Japan, Europe, Asia-Pacific (excluding Japan),Middle East & Africa and Latin America Markets for Years 2004,2013 and 2018 (includes corresponding Graph/Chart) II-131Table 53: World Recent Past, Current & Future Analysis forDress/Formal Footwear by Geographic Region - US, Canada,Japan, Europe, Asia-Pacific (excluding Japan), Middle East &Africa and Latin America Markets Independently Analyzed withAnnual Sales Figures in US$ Million for Years 2010 through2018 (includes corresponding Graph/Chart) II-132Table 54: World Historic Review for Dress/Formal Footwear byGeographic Region - US, Canada, Japan, Europe, Asia-Pacific(excluding Japan), Middle East & Africa and Latin AmericaMarkets Independently Analyzed with Annual Sales Figures inUS$ Million for Years 2004 through 2009 (includescorresponding Graph/Chart) II-133Table 55: World 15-Year Perspective for Dress/ Formal Footwearby Geographic Region - Percentage Breakdown of Dollar Salesfor US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),Middle East & Africa and Latin America Markets for Years 2004,2013 and 2018 (includes corresponding Graph/Chart) II-134Table 56: World Recent Past, Current & Future Analysis forFootwear Accessories by Geographic Region - US, Canada, Japan,Europe, Asia-Pacific (excluding Japan), Middle East & Africaand Latin America Markets Independently Analyzed with AnnualSales Figures in US$ Million for Years 2010 through 2018(includes corresponding Graph/Chart) II-135Table 57: World Historic Review for Footwear Accessories byGeographic Region - US, Canada, Japan, Europe, Asia-Pacific(excluding Japan), Middle East & Africa and Latin AmericaMarkets Independently Analyzed with Annual Sales Figures inUS$ Million for Years 2004 through 2009 (includescorresponding Graph/Chart) II-136Table 58: World 15-Year Perspective for Footwear Accessoriesby Geographic Region - Percentage Breakdown of Dollar Salesfor US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),Middle East & Africa and Latin America Markets for Years 2004,2013 and 2018 (includes corresponding Graph/Chart) II-137III. MARKET1. THE UNITED STATES III-1A.Market Analysis III-1Market Overview III-1Casual Footwear - The Largest Category III-2Athletic Footwear - A Major Revenue Contributor III-2Table 59: US Footwear Import Trends by Value (2004 & 2012)(includes corresponding Graph/Chart) III-3Table 60: US Athletic Footwear Market (2012): PercentageShare Breakdown of Unit Sales by Age Group (includescorresponding Graph/Chart) III-4Running Shoes Lose the Race III-4Women's Footwear - A Promising Market III-4Table 61: Leading Players in the US Women's Footwear Market(2011): Percentage Breakdown of Sales by Company/Brand(includes corresponding Graph/Chart) III-5Recession in Retrospect III-6Running Industry Skirts Recessionary Pressures III-6Competitive Landscape III-6Table 62: Leading Brands in the US Athletic Footwear Market(2013E): Percentage Share Breakdown of Value Sales forNike, Brand Jordan, Adidas, New Balance, Asics, and Others(includes corresponding Graph/Chart) III-7Table 63: Leading Players in the US Lightweight FootwearMarket (2012): Percentage Share Breakdown of Sales forAdidas Group, Nike, Under Armour and Others (includescorresponding Graph/Chart) III-8Table 64: Leading Players in the US Basketball FootwearMarket (2012): Percentage Share Breakdown of Sales forAdidas Group, Nike, Under Armour and Others (includescorresponding Graph/Chart) III-8Table 65: Leading Brands in the US Casual Athletic FootwearMarket (2012): Percentage Breakdown of Sales for Nike,Adidas, Converse, Skechers, Puma and Others (includescorresponding Graph/Chart) III-8Table 66: Leading Brands in the US Running AthleticFootwear Market (2012): Percentage Breakdown of Sales forNike, Adidas, Converse, Skechers, Puma and Others (includescorresponding Graph/Chart) III-9Table 67: Leading Brands in the US Training AthleticFootwear Market (2012): Percentage Breakdown of Sales forNike, New Balance, Jordan, Reebok, Vibram Fivefingers andOthers (includes corresponding Graph/Chart) III-9Table 68: US Golf Footwear Market by Leading Players(2012): Percentage Breakdown of Sales for Nike, Footjoy andAdidas (includes corresponding Graph/Chart) III-9Favorable Trends Driving Market III-10Fitness and Health Consciousness Drive Footwear Sales III-10Growing Demand for Eco-Friendly Raw Materials III-10Industrial Footwear Safety Standards Sustain Footwear Demand III-10Product Innovations - Name of the Game III-10A 'Casual' Barge into Dress Footwear Market III-10Men Have Deeper Pockets for Footwear than Women III-11Marine Footwear: Cracking out of the 'Performance-only' Shell III-11Retail Dynamics III-12Footwear Distribution Channels III-12Internet Retailing Catch Up Momentum III-12Table 69: US Footwear Market by Distribution Channel (2004 &2012): Percentage Share Breakdown of Sales (includescorresponding Graph/Chart) III-13Offering Discounts - The New Marketing Mantra... III-13Retail Stats III-14Table 70: US Athletic Footwear Market by DistributionChannel (2012): Percentage Share Breakdown of Sales forSporting Goods Stores, Discount Stores, Specialty AthleticFootwear, Online, Department Stores, Family FootwearStores, Factory Outlet Stores, Specialty Sport Shops, andOthers (includes corresponding Graph/Chart) III-14Table 71: US Athletic Footwear Market by Leading Retailers(2012): Percentage Share Breakdown of Value Sales for FootLocker Inc, Finish Line, Dick's Sporting Goods, NikeDirect, and Others (includes corresponding Graph/Chart) III-14Table 72: US Leading Women's Footwear Brands Sold throughDepartment Stores (2012): Percentage Breakdown for UCG,Private Label, Coach, Nine West, Steve Madden, Clarks,Jessica Simpson and Others (includes correspondingGraph/Chart) III-15E-Sales of Athletic Footwear on the Up III-15Table 73: US Athletic Footwear Market (2012): PercentageShare Breakdown of E-Sales by Gender (includescorresponding Graph/Chart) III-15Table 74: Leading Players by Online Footwear Sales in theUS (2012) (includes corresponding Graph/Chart) III-16The Highway Showdown Catching Up III-16Trouble Continues for Footwear Wholesalers III-16Consumer Insights III-17Americans become Smart Consumers III-17Urban Consumers and Changing Social Standards - Driving Growth III-17Comfort and Image- Priorities of Baby Boomers' III-17Teenagers-The Retailers' Favorite III-18Kids become Decision-Makers III-18Minority Marketing- The New Game of Footwear Manufacturers... III-18Female Hispanic Population - An Emerging Market. III-19Table 75: US Population by Ethnic Origin/Race (2000 &2010): Breakdown for Whites, Blacks, Asians, and OtherRaces (in million) (includes corresponding Graph/Chart) III-19Table 76: US Population by Ethnic Origin/ Race (2030E &2050E): Percentage Share Breakdown for Whites, Blacks,Asians, and Other Races (includes correspondingGraph/Chart) III-20Key Consumer Stats III-20Table 77: US Footwear Market (2012): Breakdown of AverageAnnual Per Capita Spends on Footwear by Annual HouseholdIncome (In US$) (includes corresponding Graph/Chart) III-20Table 78: US Footwear Market (2012F): Breakdown of AverageAnnual Per Capita Spends on Footwear by Age Group (In US$)(includes corresponding Graph/Chart) III-21Table 79: US Footwear Market by Consumer Group (2012):Percentage Share Breakdown of Sales for Women's Footwear,Men's Footwear, and Children's Footwear (includescorresponding Graph/Chart) III-21Table 80: US Footwear Market (2012): Breakdown of AverageAnnual Per Capita Spends on Footwear by Ethnic Group (InUS$) (includes corresponding Graph/Chart) III-22Table 81: US Footwear Market (2012): Breakdown of AverageAnnual Per Capita Spends on Footwear by Region (In US$)(includes corresponding Graph/Chart) III-22The Advent of the Hip-Hop Culture- Gateway to LargeConsumer Base III-22Product Introductions/ Innovations III-23Strategic Corporate Developments III-35Key Players III-44B.Market Analytics III-53Table 82: US Recent Past, Current & Future Analysis forFootwear by Product Segment - Athletic (Aerobic, Baseball,Basketball, Cross- Training, Soccer, Running, Tennis,Walking, Hiking, Athleisure and Others), Outdoor/Rugged,Casual and Dress/Formal Footwear Markets IndependentlyAnalyzed with Annual Sales Figures in Thousand Pairs forYears 2010 through 2018 (includes corresponding Graph/Chart) III-53Table 83: US Historic Review for Footwear by Product Segment -Athletic (Aerobic, Baseball, Basketball, Cross-Training,Soccer, Running, Tennis, Walking, Hiking, Athleisure andOthers), Outdoor/Rugged, Casual and Dress/Formal FootwearMarkets Independently Analyzed with Annual Sales Figures inThousand Pairs for Years 2004 through 2009 (includescorresponding Graph/Chart) III-54Table 84: US 15-Year Perspective for Footwear by ProductSegment - Percentage Breakdown of Unit Sales for Athletic(Aerobic, Baseball, Basketball, Cross-Training, Soccer,Running, Tennis, Walking, Hiking, Athleisure and Others),Outdoor/Rugged, Casual and Dress/ Formal Footwear Marketsfor Years 2004, 2013 and 2018 (includes correspondingGraph/Chart) III-55Table 85: US Recent Past, Current & Future Analysis forFootwear by Product Segment - Athletic (Aerobic, Baseball,Basketball, Cross-Training, Soccer, Running, Tennis,Walking, Hiking, Athleisure and Others), Outdoor/Rugged,Casual, Dress/ Formal Footwear and Footwear AccessoriesMarkets Independently Analyzed with Annual Sales Figures inUS$ Million for Years 2010 through 2018 (includescorresponding Graph/Chart) III-56Table 86: US Historic Review for Footwear by Product Segment -Athletic (Aerobic, Baseball, Basketball, Cross-Training,Soccer, Running, Tennis, Walking, Hiking, Athleisure andOthers), Outdoor/Rugged, Casual, Dress/Formal Footwear andFootwear Accessories Markets Independently Analyzed withAnnual Sales Figures in US$ Million for Years 2004 through2009 (includes corresponding Graph/Chart) III-57Table 87: US 15-Year Perspective for Footwear by ProductSegment - Percentage Breakdown of Dollar Sales for Athletic(Aerobic, Baseball, Basketball, Cross-Training, Soccer,Running, Tennis, Walking, Hiking, Athleisure and Others),Outdoor/Rugged, Casual, Dress/Formal Footwear and FootwearAccessories Markets for Years 2004, 2013 and 2018 (includescorresponding Graph/Chart) III-582. CANADA III-59A.Market Analysis III-59Outlook III-59Demand for Athletic Shoes on the Up III-59Strategic Corporate Developments III-59Key Player Review III-60B.Market Analytics III-61Table 88: Canadian Recent Past, Current & Future Analysisfor Footwear by Product Segment - Athletic (Aerobic,Baseball, Basketball, Cross- Training, Soccer, Running,Tennis, Walking, Hiking, Athleisure and Others),Outdoor/Rugged, Casual and Dress/ Formal Footwear MarketsIndependently Analyzed with Annual Sales Figures in ThousandPairs for Years 2010 through 2018 (includes correspondingGraph/Chart) III-61Table 89: Canadian Historic Review for Footwear by ProductSegment - Athletic (Aerobic, Baseball, Basketball,Cross-Training, Soccer, Running, Tennis, Walking, Hiking,Athleisure and Others), Outdoor/Rugged, Casual andDress/Formal Footwear Markets Independently Analyzed withAnnual Sales Figures in Thousand Pairs for Years 2004through 2009 (includes corresponding Graph/Chart) III-62Table 90: Canadian 15-Year Perspective for Footwear byProduct Segment - Percentage Breakdown of Unit Sales forAthletic (Aerobic, Baseball, Basketball, Cross-Training,Soccer, Running, Tennis, Walking, Hiking, Athleisure andOthers), Outdoor/Rugged, Casual and Dress/Formal FootwearMarkets for Years 2004, 2013 and 2018 (includescorresponding Graph/Chart) III-63Table 91: Canadian Recent Past, Current & Future Analysisfor Footwear by Product Segment - Athletic (Aerobic,Baseball, Basketball, Cross- Training, Soccer, Running,Tennis, Walking, Hiking, Athleisure and Others),Outdoor/Rugged, Casual, Dress/ Formal Footwear and FootwearAccessories Markets Independently Analyzed with Annual SalesFigures in US$ Million for Years 2010 through 2018 (includescorresponding Graph/Chart) III-64Table 92: Canadian Historic Review for Footwear by ProductSegment - Athletic (Aerobic, Baseball, Basketball,Cross-Training, Soccer, Running, Tennis, Walking, Hiking,Athleisure and Others), Outdoor/Rugged, Casual, Dress/FormalFootwear and Footwear Accessories Markets IndependentlyAnalyzed with Annual Sales Figures in US$ Million for Years2004 through 2009 (includes corresponding Graph/Chart) III-65Table 93: Canadian 15-Year Perspective for Footwear byProduct Segment - Percentage Breakdown of Dollar Sales forAthletic (Aerobic, Baseball, Basketball, Cross-Training,Soccer, Running, Tennis, Walking, Hiking, Athleisure andOthers), Outdoor/Rugged, Casual, Dress/ Formal Footwear andFootwear Accessories Markets for Years 2004, 2013 and 2018(includes corresponding Graph/Chart) III-663. JAPAN III-67A.Market Analysis III-67Outlook III-67Market Overview III-67Children's Footwear Market Remains Buoyant III-67Comfort and Stylish Footwear: The Japanese Favorites III-67Competition III-68Strategic Corporate Development III-68Key Player III-68B.Market Analytics III-70Table 94: Japanese Recent Past, Current & Future Analysisfor Footwear by Product Segment - Athletic (Aerobic,Baseball, Basketball, Cross- Training, Soccer, Running,Tennis, Walking, Hiking, Athleisure and Others),Outdoor/Rugged, Casual and Dress/ Formal Footwear MarketsIndependently Analyzed with Annual Sales Figures in ThousandPairs for Years 2010 through 2018 (includes correspondingGraph/Chart) III-70Table 95: Japanese Historic Review for Footwear by ProductSegment - Athletic (Aerobic, Baseball, Basketball,Cross-Training, Soccer, Running, Tennis, Walking, Hiking,Athleisure and Others), Outdoor/Rugged, Casual andDress/Formal Footwear Markets Independently Analyzed withAnnual Sales Figures in Thousand Pairs for Years 2004through 2009 (includes corresponding Graph/Chart) III-71Table 96: Japanese 15-Year Perspective for Footwear byProduct Segment - Percentage Breakdown of Unit Sales forAthletic (Aerobic, Baseball, Basketball, Cross-Training,Soccer, Running, Tennis, Walking, Hiking, Athleisure andOthers), Outdoor/Rugged, Casual and Dress/Formal FootwearMarkets for Years 2004, 2013 and 2018 (includes To order this report: Global Footwear Industry http://www.reportlinker.com/p01374899/Global-Footwear-Industry.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Footwear __________________________Contact Clare: clare@reportlinker.com US: (339)-368-6001Intl: +1 339-368-6001 Consumer Discretionary Commodity Markets Japan Latin America
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Global Footwear Industry
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NEW YORK, Dec. 10, 2013 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue: Global Footwear Industry http://www.reportlinker.com/p01374899/Global-Footwear-Industry.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Footwear This report analyzes the worldwide markets for Footwear in US$ Million and Million Pairs by the following Product Categories/Segments: Athletic Footwear (Aerobic, Baseball, Basketball, Cricket, Cross-Training, Soccer, Running, Tennis, Walking, Hiking, Hockey, Athleisure, & Others), Outdoor/Rugged Footwear, Casual Footwear, Dress/Formal Footwear, and Footwear Accessories. The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Latin America, Middle East/Africa, and Latin America. Annual estimates and forecasts are provided for the period 2010 through 2018. Also, a six-year historic analysis is provided for these markets. Company profiles are primarily based on public domain information including company URLs. The report profiles 587 companies including leading manufacturers such as -adidas AGReebok InternationalANTA Sports Products LimitedASICSBata Shoe OrganizationBata India Ltd.Power Athletics LimitedI. INTRODUCTION, METHODOLOGY & PRODUCT DEFINITIONSStudy Reliability and Reporting Limitations I-1Disclaimers I-2Data Interpretation & Reporting Level I-2Quantitative Techniques & Analytics I-2Product Definitions and Scope of Study I-3Athletic Footwear I-4Aerobic Shoes I-4Athleisure Footwear I-4Baseball Footwear I-4Basketball Footwear I-4Cricket Footwear I-4Cross-Training I-4Running Shoes I-5Soccer Shoes I-5Tennis Shoes I-5Walking Shoes I-5Hiking Shoes I-5Other Athletic Footwear I-5Outdoor/Rugged Footwear I-5Casual Footwear I-6Dress/Formal Footwear I-6Footwear Accessories I-6Socks I-6Insoles I-6Gaiters I-6II. EXECUTIVE SUMMARY1. GLOBAL MARKET OVERVIEW & ANALYSIS II-1Footwear Industry - A Prelude II-1Outlook II-2Volume Analysis II-2Value Analysis II-2Branded Footwear Market - An Overview II-2Rift between Production and Consumption Narrows II-3Recession and Beyond II-3Year 2012 in Review II-4Near-Term prospects II-5Europe -Spending Remains Subdued II-5Developing Markets On the Radar II-6Chinese Retail Footwear Sector Awaits Turnaround II-6Footwear Companies Turn to Economic Production Strategies II-7Companies Eye Other Outsourcing Destinations Beyond China II-8Table 1: Nike's Footwear Sourcing Mix by Country: 2006-2012(includes corresponding Graph/Chart) II-9Table 2: adidas Footwear Sourcing by Country: 2012 (includescorresponding Graph/Chart) II-9Proximity Playing A Key Role for Setting-Up ManufacturingOperations II-9Asia Gearing Up to Uphold Position as Largest Production Base II-10Cross Industry Forays Rife II-102. NON-ATHELETIC FOOTWEAR - NOTEWORTHY TRENDS II-11Eco-Friendly Footwear - Future Directions II-11Emergence of New Design Themes II-11Moving in Line with Changing Fashion Trends II-11Men's Shoes - Making a Style Statement II-12Fashion and Comfort - Top on Women's Shopping List II-12Multifunctional Shoes Gain Popularity II-12Innovations in Footwear Components II-13Luxury Footwear Industry - Recession Proof or Not!! II-13Affordable Luxury - Not just an Oxymoron in Footwear Space II-14Luxury Footwear Designers Gain Traction II-14Increasing Popularity of Private Labels II-15Outdoor Footwear Gets Diversified II-163. SCANNING THE ATHELETIC FOOTWEAR TRENDS II-17Athletic Footwear - A Gift for All Occasions II-17Riding High on Basketball II-17Running Shoes Sprint on Advanced Footwear Technology II-17Growing Sophistication of Manufacturing Technologies II-18Opportunities Rife for New Players in Running Shoes Segment II-18Shifting Focus from Minimalist to Lightweight Running Shoes II-19The Smaller the Better: Launching Super-lightweight Trainers II-19Trail Running Footwear Pick Pace II-20Move towards Natural Motion II-20Trekking Shoes - Going on an Uphill Journey II-20Cross Trainers - Increasingly Designed for Outdoor Wear... II-20Move Towards Unconventional Brand Names... II-21Shifting Brand Loyalty - A Major Concern! II-214. COMPETITION II-22Casual Footwear Market II-22Table 3: Global Casual Footwear Market (2012): PercentageBreakdown of Sales by Leading Players (includes correspondingGraph/Chart) II-22Table 4: Global Outdoor Footwear Market (2012): PercentageBreakdown of Sales by Leading Players (includes correspondingGraph/Chart) II-23Competition in the Atheletic Footwear Segment II-23Table 5: Global Athletic Footwear Market (2012): PercentageBreakdown of Sales by Leading Players(includes correspondingGraph/Chart) II-24Nike - Going Strong II-24Adidas - The Closest Competitor II-25Puma Narrows Production II-25Under Armour Spikes Up Among New Entrants II-25Table 6: Under Armour's Market Share Trends in the RunningFootwear Market (2011-2012) (includes correspondingGraph/Chart) II-252012: Mixed Player Reactions Across the Globe II-265. INDUSTRY PROFILE II-28Production Scenario II-28Table 7: Footwear Production by Geographic Region (2012):Percentage Breakdown by Volume for Asia, South America,Africa, Europe, North America and Oceania (includescorresponding Graph/Chart) II-28Table 8: Leading Manufacturing Nations in Global FootwearMarket (2012): Percentage Share Breakdown of VolumeProduction by Country (includes corresponding Graph/Chart) II-29Reviewing the Outsourcing Phenomenon II-29Table 9: High-End Footwear Production Volume Trends forItaly, Spain and Europe (2004-2012) (includes correspondingGraph/Chart) II-29Footwear Consumption: Characterized by Dynamism II-30Table 10: Global Footwear Market (2013E): Percentage ShareBreakdown of Volume Consumption by Region (includescorresponding Graph/Chart) II-30Table 11: Leading Regional Markets for Footwear by Per capitaConsumption (2013) (includes corresponding Graph/Chart) II-30Export Landscape II-30Table 12: Global Footwear Exports (2012): Percentage ShareBreakdown of Export Volume by Geographic Region (includescorresponding Graph/Chart) II-31China: The Dominating Export Power-House II-31Table 13: Global Footwear Exports (2012): Percentage ShareBreakdown of Export Volume by Country (includescorresponding Graph/Chart) II-31Table 14: Global Footwear Exports (2011): Percentage ShareBreakdown of Export Value by Country (includes correspondingGraph/Chart) II-32Pricing Trends II-32Table 15: Average Export Price (in US$) in Leading FootwearExporting Companies for the Year 2011 (includescorresponding Graph/Chart) II-33Table 16: Global Exports by Type of footwear (2011):Percentage Breakdown for Rubber and Plastic, Leather,Textile and Others (includes corresponding Graph/Chart) II-33Global Import Scenario II-33Table 17: Average Import Price (in US$) in Leading FootwearImporting Nations for Year 2012 (includes correspondingGraph/Chart) II-34Table 18: Global Footwear Imports (2012): Percentage ShareBreakdown of Import Volume by Country (includes correspondingGraph/Chart) II-34Table 19: Global Footwear Imports (2012): Percentage ShareBreakdown of Import Value by Country (includes correspondingGraph/Chart) II-356. ATHLETIC FOOTWEAR - A BRIEF MARKET SCAN II-36Fashion-Statements Override Brand Aspirations II-36Supply Factors II-37Pricing - A Marketing Tool for Athletic Footwear Chains II-37Short Lead Times Spell Success in a Dynamic Market II-37In a Mature Phase... II-37Threats to the Athletic Footwear Segment? II-38Licensing Needs a Shot in the Arm II-38Female Footwear Market - An Aggressive Growth Segment... II-39Online Sales Pick up Pace II-397. CONSUMER INSIGHTS II-40Consumerism in the 21st Century II-40Forces Shaping Consumerism II-40Time - A Rare Commodity II-40Freedom - The Prized Possession II-40Meeting the Evolving LifeStyles II-40Battle Between the Body and Soul II-41Advent of a Global Network II-41Price and Comfort - The Eternal Favorites II-41Caught in the Rip Van Winkle Act II-41Branding - What the Consumer Looks for II-42Female Footwear Market II-42The Replacement Issue II-42The Teen Market II-43Kids - The Retailers' New Favorites II-43Baby Boomers - Changing Priorities II-438. RETAIL ENVIRONMENT II-44Logistics II-44Retailers Under Pressure II-44Small Shops - The Most Favored Targets II-45Investment Areas for Retailers in the 21st Century II-45Shelf Presence II-46'Space Lifting' Footwear Retailing II-46E- Commerce - Evolving as a Vibrant Medium II-47'Proactive' Merchandising In-Store Garners Momentum II-47Point-of-Sale Data - Understanding the Needs of the Consumer.... II-47Huge Discounting II-47Co-Branding - Crucial for the Success of P-O-P Displays? II-48Manufacturers Evolving too II-489. PRODUCT OVERVIEW II-49History of Footwear II-49Moccasin II-49Sandal II-49Boot II-49Clog II-49Mule II-50Pumps II-50Oxford II-50Footwear Style & Fashion II-50Sneakers II-50Product Definitions II-51Athletic Footwear II-51Components of Athletic Footwear II-51Upper II-51Midsole II-51Insert II-51Outsole II-52Aerobic Shoes II-52Athleisure Footwear II-52Baseball Footwear II-52Basketball Footwear II-52Cricket Footwear II-52Cross-Training II-52Running Shoes II-53Soccer Shoes II-53Tennis Shoes II-53Walking Shoes II-53Hiking Shoes II-53Other Athletic Footwear II-53Outdoor/Rugged Footwear II-53Trekking and Walking Boots II-543-4 Season Boots II-543 Season Boots II-54Mountaineering Boots II-54Backpacking Boots II-54Hiking Boots II-54Approach Shoes II-54Technical Shoes II-55Casual Footwear II-55Dress/Formal Footwear II-55Footwear Accessories II-56Socks II-56Insoles II-56Gaiters II-5610. RECENT INDUSTRY ACTIVITY II-57Foot Locker Acquires Runners Point Group II-57Implus Takes over Penguin Brands Assets II-57E.Land with K-Swiss Inc. Acquires OTZ Shoes II-57Galaxy Brand Acquires Nevados and Avia from Brown Shoe II-57Justin Brands Inc. Acquires Highland Shoe II-58K-Swiss Merges with E. Land World II-58Future Ventures Acquires 33% Share in Tresmode II-58Deckers Outdoor Takes Over Hoka One One II-58Apax Partners Acquires Cole Haan II-58Sequential Brands Group Completes Acquisition of Heelys II-59Vida Shoes International Takes Over Andre Assous II-59Eland Group Purchases K-Swiss II-59Shoon to Take Over Footwear Business of Jane Shilton II-59Mills Halifax to Take Over Kick Ass Shoes II-59Brown Shoe to Open Famous Footwear Chain in Canada II-60ShoeDazzle® and JustFab® Merge II-60OJSC BTC Group Acquires Majority Stake in Salsk-obuv II-60OrthoLite and Oliberté Enter into Partnership II-60bebe Stores and ALDO Product Services Sign Licensing Agreement II-60Aeropostale Takes Over GoJane II-61Intersport Takes Over The Athlete's Foot II-61Wolverine Worldwide, Blum Capital and Golden Gate CapitalTogether Acquire Collective Brands II-61Weisfeld Group and Anthony L&S Footwear Acquire Iconic EtonicWorldwide from Lotto Sport Italia II-61INA International Acquires Golden Viking Sports II-62Zumiez Signs Definitive Agreement to Acquire Blue Tomato II-62William Lamb Merges with Rushton Ablett II-62New Balance Inks License Agreement with Black Box Distribution II-62GE Enters into Collaboration with VEGAM II-63O'Neill and Bos Group Ink New Footwear License Agreement II-63Wolverine Worldwide and Tata International Form Joint Venture II-63Kigo Footwear Enters into Partnership with Soles4Souls and PLUS II-63A2b Fulfillment Enters into Partnership with Kigo Footwear II-64PEI Licensing and Shoe Confession Ink Exclusive License Agreement II-64RSG Acquires Stores of Run On! II-64Aeropostale Takes Over GoJane II-64Apax Partners Inks Definitive Agreement to Takeover Cole Haan II-65Iconix Brand Group Takes Over Umbro from NIKE II-65Sequential Brands to Takeover Heelys II-65Zumiez Inks Definitive Purchase Agreement to Takeover Blue Tomato II-65Sequential Brands Group Inks Definitive Agreement to Take OverDVS Brand II-66ABC-Mart and LaCrosse Footwear Sign Definitive Agreement II-66IIC-Intersport International Inks Agreement to Take OverAthlete's Foot Franchising II-66Deckers Outdoor Announces Investment in Hoka One One II-66Macy's and Finish Line Ink Agreement II-67Ferrari Extends Partnership with PUMA II-67R.G. Barry Acquires Foot Petals II-67VF Takes Over Timberland II-67Bakers Footwear Group and Steven Madden Ink Trademark Sale andLicense Agreement II-68Grace Group Inks LOI with Unión Del Cuero y Del Calzado de Cuba II-68Collective Brands and Lew Footwear Holdings Ink Agreement II-68Finish Line Takes Over Assets of 18-Store Specialty Running Chain II-6811. PRODUCT LAUNCHES/DEVELOPMENTS II-69adidas Unveils Springblade Running Shoe II-69Orthotic Shop Rolls Out Fall 3013 Footwear Collection II-69Cat Footwear Launches Liberty Work Boot II-69adidas Rolls Out adizero f50 Premium Pack II-69adidas Launches New Adizero f50 Messi Football Boots II-69adidas Rolls Out adidas by Stella McCartney Barricade Shoe II-69adidas by Stella Mccartney Unveils Struthio BOOST Shoe II-70Ahnu® Launches New Sugarpine Hiking Boot Collection II-70MOZO® Shoes Launches New Footwear Lines II-70MOZO® Shoes Rolls Out Natural Collection of Contemporary Shoes II-70The Quorum Group Unveils Skora "Real Running" Shoe Brand inthe Philippines II-70Pearl Izumi Introduces Project E: Motion Running Footwear II-71PROSPECS Introduces Technical Athletic Footwear II-71adidas Launches Innovative Energy Boost Running Shoes II-71Ektio Introduces The Breakaway Shoes II-72Asics America Unveils Range for Athletic Training Footwear II-72Finish Line and Sean John Introduce Casual Athletic FootwearRange II-73Nike Introduces Nike Free Hyperfeel and Nike Free FlyknitRunning Shoes II-73Yuvastyle Introduces Bacca Bucci India II-73Weinbrenner Shoe to Reintroduce Wood N' Stream Outdoor Footwear II-74Nike Golf Develops Free-Inspired Nike FI Impact Sportswear forWomen II-74adidas Introduces adizero Crazy Light 3 Basketball Shoes II-74Athletic Propulsion Labs® Basketball Shoes II-74Rocky Brands Unleashes Rocky 4EurSole Healthcare Footwear II-75Paul Evans Launches New Luxury Footwear II-76Mark Lemp Footwear Unleashes Rose Petals by Walking Cradles®Dress Footwear II-76New England Footwear Introduces New GoLite Collections II-76Nike Introduces New Lunaraccelerate and Lunardominate CricketShoes II-76Puma Unveils Mobium Elite Shoe II-77Newton Running to Introduce BoCo AT Trail Running Shoe II-77Newton Running Introduces EnergyNR Running Shoes II-77Zamshu Unveils Kaleza Z-12 Football Boots II-78Dawgs Footwear to Unveil the Latest Loudmouth® LicensedFootwear Range II-78Nike Introduces Studio Wrap Footwear for Yoga II-78Huntsman International Rolls Out DALTOPED® LITE PolyetherMaterial II-78Mizuno USA Introduces 9-Spike™ Advanced Classic Cleat Footwear II-79Under Armour Releases UA Spine RPM Range of Footwear II-79VF to Launch Vans LXVI Range of Athletic Footwear II-79Globalite Industries Rolls Out Globalite Range of Footwear II-79HEAD Releases HEAD Speed Pro Lite Tennis Shoe II-80Alberto Torresi Introduces New Men's Formal Footwear Collection II-80Nike Basketball Rolls Out Elite Series Lightweight Shoes II-80Sazzi Unveils New Toe Motion Footwear Range II-80Nike Launches Nike+ Training and Nike+ Basketball Digitally-Enhanced Footwear Ranges II-81Nike Unveils Nike Flyknit Lightweight Running Footwear for2012 Olympics II-81ECCO Golf Footwear Rolls Out 2012 Golf Shoe Collection for Men II-81adidas Introduces Adizero Primeknit Running Shoe II-81Saint and Libertine New York Introduces Ivy Kirzhner Women'sFootwear Range II-82Soft Star Shoes Rolls Out New Barefoot Shoes for Men, Womenand Older Children II-82adidas Introduces Predator® Lethal Zones Boot II-82Ahnu Footwear Unveils Yoga-Inspired Escape Collection FootwearRange II-82Teva® Unveils New Mountain Bike Shoe Range II-83UGG Launches Fall 2012 Men's Footwear Collection II-83Skechers Announces Relaxed Fit Footwear Roll Out II-83Converse Announces Launch of Exclusive Jack Purcell FootwearRange II-83adidas Unveils New adiZero Crazy Light Basketball Shoe II-84Tommy Hilfiger Introduces New Footwear Range II-84NIKE Introduces New High-Performance Footwear II-84Jordan Brand Unveils AIR JORDAN 2011 II-84Payless ShoeSource Launches ATR Basketball Shoes II-85Columbus Shoes Introduces Alien Shoes II-85URO Group Introduces Urenium Footwear II-8512. FOCUS ON SELECT GLOBAL PLAYERS II-86Leading Manufacturers II-86adidas AG (Germany) II-86Reebok International (US) II-86ANTA Sports Products Limited (China) II-87ASICS (Japan) II-88Bata Shoe Organization (Switzerland) II-88Bata India Ltd. (India) II-89Power Athletics Limited (Canada) II-89Deckers Outdoor Corporation (US) II-89ECCO Sko A/S (Denmark) II-90Geox (Italy) II-90Gucci Group (Italy) II-91Kenneth Cole Productions, Inc. (US) II-91LaCrosse Footwear, Inc. (US) II-91Nike Inc. (US) II-92Nine West Group Inc. (US) II-93Puma AG (Germany) II-93R.G. Barry Corporation (US) II-93Timberland LLC (US) II-94Vans, Inc. (US) II-94Weyco Group Inc. (US) II-95Wolverine World Wide, Inc. (US) II-95Leading Footwear Retailers II-96Brown Shoe Company, Inc. (US) II-96Foot Locker, Inc. (US) II-97Payless ShoeSource Inc. (US) II-97The Athlete's Foot Brands, LLC (US) II-97The Finish Line, Inc. (US) II-98The Sports Authority, Inc. (US) II-9813. GLOBAL MARKET PERSPECTIVE II-99Table 20: World Recent Past, Current & Future Analysis forFootwear by Geographic Region - US, Canada, Japan, Europe,Asia-Pacific (excluding Japan), Middle East & Africa and LatinAmerica Markets Independently Analyzed with Annual SalesFigures in Million Pairs for Years 2010 through 2018 (includescorresponding Graph/Chart) II-99Table 21: World Historic Review for Footwear by GeographicRegion - US, Canada, Japan, Europe, Asia-Pacific (excludingJapan), Middle East & Africa and Latin America MarketsIndependently Analyzed with Annual Sales Figures in MillionPairs for Years 2004 through 2009 (includes correspondingGraph/Chart) II-100Table 22: World 15-Year Perspective for Footwear by GeographicRegion - Percentage Breakdown of Unit Sales for US, Canada,Japan, Europe, Asia-Pacific (excluding Japan), Middle East &Africa and Latin America Markets for Years 2004, 2013 and 2018(includes corresponding Graph/Chart) II-101Table 23: World Recent Past, Current & Future Analysis forFootwear by Geographic Region - US, Canada, Japan, Europe,Asia-Pacific (excluding Japan), Middle East & Africa and LatinAmerica Markets Independently Analyzed with Annual SalesFigures in US$ Million for Years 2010 through 2018 (includescorresponding Graph/Chart) II-102Table 24: World Historic Review for Footwear by GeographicRegion - US, Canada, Japan, Europe, Asia-Pacific (excludingJapan), Middle East & Africa and Latin America MarketsIndependently Analyzed with Annual Sales Figures in US$Million for Years 2004 through 2009 (includes correspondingGraph/Chart) II-103Table 25: World 15-Year Perspective for Footwear by GeographicRegion - Percentage Breakdown of Dollar Sales for US, Canada,Japan, Europe, Asia-Pacific (excluding Japan), Middle East &Africa and Latin America Markets for Years 2004, 2013 and 2018(includes corresponding Graph/Chart) II-104Product Segment by Unit Sales II-105Table 26: World Recent Past, Current & Future Analysis forAthletic Footwear by Geographic Region - US, Canada, Japan,Europe, Asia-Pacific (excluding Japan), Middle East & Africaand Latin America Markets Independently Analyzed with AnnualSales Figures in Million Pairs for Years 2010 through 2018(includes corresponding Graph/Chart) II-105Table 27: World Historic Review for Athletic Footwear byGeographic Region - US, Canada, Japan, Europe, Asia-Pacific(excluding Japan), Middle East & Africa and Latin AmericaMarkets Independently Analyzed with Annual Sales Figures inMillion Pairs for Years 2004 through 2009 (includescorresponding Graph/Chart) II-106Table 28: World 15-Year Perspective for Athletic Footwear byGeographic Region - Percentage Breakdown of Unit Sales for US,Canada, Japan, Europe, Asia-Pacific (excluding Japan), MiddleEast & Africa and Latin America Markets for Years 2004, 2013and 2018 (includes corresponding Graph/Chart) II-107Table 29: World Recent Past, Current & Future Analysis forAthletic Footwear by Product Segment - Aerobic, Baseball,Basketball, Cricket, Cross-Training, Soccer, Running, Tennis,Walking, Hiking, Hockey, Athleisure, and Others MarketsIndependently Analyzed with Annual Sales Figures in MillionPairs for Years 2010 through 2018 (includes correspondingGraph/Chart) II-108Table 30: World Historic Review for Athletic Footwear byProduct Segment - Aerobic, Baseball, Basketball, Cricket,Cross-Training, Soccer, Running, Tennis, Walking, Hiking,Hockey, Athleisure, and Others Markets Independently Analyzedwith Annual Sales Figures in Million Pairs for Years 2004through 2009 (includes corresponding Graph/Chart) II-109Table 31: World 15-Year Perspective for Athletic Footwear byProduct Segment - Percentage Breakdown of Unit Sales forAerobic, Baseball, Basketball, Cricket, Cross-Training,Soccer, Running, Tennis, Walking, Hiking, Hockey, Athleisure,and Others Markets for Years 2004, 2013 and 2018 (includescorresponding Graph/Chart) II-110Table 32: World Recent Past, Current & Future Analysis forOutdoor/Rugged Footwear by Geographic Region - US, Canada,Japan, Europe, Asia-Pacific (excluding Japan), Middle East &Africa and Latin America Markets Independently Analyzed withAnnual Sales Figures in Million Pairs for Years 2010 through2018 (includes corresponding Graph/Chart) II-111Table 33: World Historic Review for Outdoor/Rugged Footwear byGeographic Region - US, Canada, Japan, Europe, Asia-Pacific(excluding Japan), Middle East & Africa and Latin AmericaMarkets Independently Analyzed with Annual Sales Figures inMillion Pairs for Years 2004 through 2009 (includescorresponding Graph/Chart) II-112Table 34: World 15-Year Perspective for Outdoor/ RuggedFootwear by Geographic Region - Percentage Breakdown of UnitSales for US, Canada, Japan, Europe, Asia-Pacific (excludingJapan), Middle East & Africa and Latin America Markets forYears 2004, 2013 and 2018 (includes corresponding Graph/Chart) II-113Table 35: World Recent Past, Current & Future Analysis forCasual Footwear by Geographic Region - US, Canada, Japan,Europe, Asia-Pacific (excluding Japan), Middle East & Africaand Latin America Markets Independently Analyzed with AnnualSales Figures in Million Pairs for Years 2010 through 2018(includes corresponding Graph/Chart) II-114Table 36: World Historic Review for Casual Footwear byGeographic Region - US, Canada, Japan, Europe, Asia-Pacific(excluding Japan), Middle East & Africa and Latin AmericaMarkets Independently Analyzed with Annual Sales Figures inMillion Pairs for Years 2004 through 2009 (includescorresponding Graph/Chart) II-115Table 37: World 15-Year Perspective for Casual Footwear byGeographic Region - Percentage Breakdown of Unit Sales for US,Canada, Japan, Europe, Asia-Pacific (excluding Japan), MiddleEast & Africa and Latin America Markets for Years 2004, 2013and 2018 (includes corresponding Graph/Chart) II-116Table 38: World Recent Past, Current & Future Analysis forDress/Formal Footwear by Geographic Region - US, Canada,Japan, Europe, Asia-Pacific (excluding Japan), Middle East &Africa and Latin America Markets Independently Analyzed withAnnual Sales Figures in Million Pairs for Years 2010 through2018 (includes corresponding Graph/Chart) II-117Table 39: World Historic Review for Dress/Formal Footwear byGeographic Region - US, Canada, Japan, Europe, Asia-Pacific(excluding Japan), Middle East & Africa and Latin AmericaMarkets Independently Analyzed with Annual Sales Figures inMillion Pairs for Years 2004 through 2009 (includescorresponding Graph/Chart) II-118Table 40: World 15-Year Perspective for Dress/Formal Footwearby Geographic Region - Percentage Breakdown of Unit Sales forUS, Canada, Japan, Europe, Asia-Pacific (excluding Japan),Middle East & Africa and Latin America Markets for Years 2004,2013 and 2018 (includes corresponding Graph/Chart) II-119Product Segment by Value Sales II-120Table 41: World Recent Past, Current & Future Analysis forAthletic Footwear by Geographic Region - US, Canada, Japan,Europe, Asia-Pacific (excluding Japan), Middle East & Africaand Latin America Markets Independently Analyzed with AnnualSales Figures in US$ Million for Years 2010 through 2018(includes corresponding Graph/Chart) II-120Table 42: World Historic Review for Athletic Footwear byGeographic Region - US, Canada, Japan, Europe, Asia-Pacific(excluding Japan), Middle East & Africa and Latin AmericaMarkets Independently Analyzed with Annual Sales Figures inUS$ Million for Years 2004 through 2009 (includescorresponding Graph/Chart) II-121Table 43: World 15-Year Perspective for Athletic Footwear byGeographic Region - Percentage Breakdown of Dollar Sales forUS, Canada, Japan, Europe, Asia-Pacific (excluding Japan),Middle East & Africa and Latin America Markets for Years 2004,2013 and 2018 (includes corresponding Graph/Chart) II-122Table 44: World Recent Past, Current & Future Analysis forAthletic Footwear by Product Segment - Aerobic, Baseball,Basketball, Cricket, Cross-Training, Soccer, Running, Tennis,Walking, Hiking, Hockey, Athleisure, and Others MarketsIndependently Analyzed with Annual Sales Figures in US$Million for Years 2010 through 2018 (includes correspondingGraph/Chart) II-123Table 45: World Historic Review for Athletic Footwear byProduct Segment - Aerobic, Baseball, Basketball, Cricket,Cross-Training, Soccer, Running, Tennis, Walking, Hiking,Hockey, Athleisure, and Others Markets Independently Analyzedwith Annual Sales Figures in US$ Million for Years 2004through 2009 (includes corresponding Graph/Chart) II-124Table 46: World 15-Year Perspective for Athletic Footwear byProduct Segment - Percentage Breakdown of Dollar Sales forAerobic, Baseball, Basketball, Cricket, Cross-Training,Soccer, Running, Tennis, Walking, Hiking, Hockey, Athleisure,and Others Markets for Years 2004, 2013 and 2018 (includescorresponding Graph/Chart) II-125Table 47: World Recent Past, Current & Future Analysis forOutdoor/Rugged Footwear by Geographic Region - US, Canada,Japan, Europe, Asia-Pacific (excluding Japan), Middle East &Africa and Latin America Markets Independently Analyzed withAnnual Sales Figures in US$ Million for Years 2010 through2018 (includes corresponding Graph/Chart) II-126Table 48: World Historic Review for Outdoor/Rugged Footwear byGeographic Region - US, Canada, Japan, Europe, Asia-Pacific(excluding Japan), Middle East & Africa and Latin AmericaMarkets Independently Analyzed with Annual Sales Figures inUS$ Million for Years 2004 through 2009 (includescorresponding Graph/Chart) II-127Table 49: World 15-Year Perspective for Outdoor/ RuggedFootwear by Geographic Region - Percentage Breakdown of DollarSales for US, Canada, Japan, Europe, Asia-Pacific (excludingJapan), Middle East & Africa and Latin America Markets forYears 2004, 2013 and 2018 (includes corresponding Graph/Chart) II-128Table 50: World Recent Past, Current & Future Analysis forCasual Footwear by Geographic Region - US, Canada, Japan,Europe, Asia-Pacific (excluding Japan), Middle East & Africaand Latin America Markets Independently Analyzed with AnnualSales Figures in US$ Million for Years 2010 through 2018(includes corresponding Graph/Chart) II-129Table 51: World Historic Review for Casual Footwear byGeographic Region - US, Canada, Japan, Europe, Asia-Pacific(excluding Japan), Middle East & Africa and Latin AmericaMarkets Independently Analyzed with Annual Sales Figures inUS$ Million for Years 2004 through 2009 (includescorresponding Graph/Chart) II-130Table 52: World 15-Year Perspective for Casual Footwear byGeographic Region - Percentage Breakdown of Dollar Sales forUS, Canada, Japan, Europe, Asia-Pacific (excluding Japan),Middle East & Africa and Latin America Markets for Years 2004,2013 and 2018 (includes corresponding Graph/Chart) II-131Table 53: World Recent Past, Current & Future Analysis forDress/Formal Footwear by Geographic Region - US, Canada,Japan, Europe, Asia-Pacific (excluding Japan), Middle East &Africa and Latin America Markets Independently Analyzed withAnnual Sales Figures in US$ Million for Years 2010 through2018 (includes corresponding Graph/Chart) II-132Table 54: World Historic Review for Dress/Formal Footwear byGeographic Region - US, Canada, Japan, Europe, Asia-Pacific(excluding Japan), Middle East & Africa and Latin AmericaMarkets Independently Analyzed with Annual Sales Figures inUS$ Million for Years 2004 through 2009 (includescorresponding Graph/Chart) II-133Table 55: World 15-Year Perspective for Dress/ Formal Footwearby Geographic Region - Percentage Breakdown of Dollar Salesfor US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),Middle East & Africa and Latin America Markets for Years 2004,2013 and 2018 (includes corresponding Graph/Chart) II-134Table 56: World Recent Past, Current & Future Analysis forFootwear Accessories by Geographic Region - US, Canada, Japan,Europe, Asia-Pacific (excluding Japan), Middle East & Africaand Latin America Markets Independently Analyzed with AnnualSales Figures in US$ Million for Years 2010 through 2018(includes corresponding Graph/Chart) II-135Table 57: World Historic Review for Footwear Accessories byGeographic Region - US, Canada, Japan, Europe, Asia-Pacific(excluding Japan), Middle East & Africa and Latin AmericaMarkets Independently Analyzed with Annual Sales Figures inUS$ Million for Years 2004 through 2009 (includescorresponding Graph/Chart) II-136Table 58: World 15-Year Perspective for Footwear Accessoriesby Geographic Region - Percentage Breakdown of Dollar Salesfor US, Canada, Japan, Europe, Asia-Pacific (excluding Japan),Middle East & Africa and Latin America Markets for Years 2004,2013 and 2018 (includes corresponding Graph/Chart) II-137III. MARKET1. THE UNITED STATES III-1A.Market Analysis III-1Market Overview III-1Casual Footwear - The Largest Category III-2Athletic Footwear - A Major Revenue Contributor III-2Table 59: US Footwear Import Trends by Value (2004 & 2012)(includes corresponding Graph/Chart) III-3Table 60: US Athletic Footwear Market (2012): PercentageShare Breakdown of Unit Sales by Age Group (includescorresponding Graph/Chart) III-4Running Shoes Lose the Race III-4Women's Footwear - A Promising Market III-4Table 61: Leading Players in the US Women's Footwear Market(2011): Percentage Breakdown of Sales by Company/Brand(includes corresponding Graph/Chart) III-5Recession in Retrospect III-6Running Industry Skirts Recessionary Pressures III-6Competitive Landscape III-6Table 62: Leading Brands in the US Athletic Footwear Market(2013E): Percentage Share Breakdown of Value Sales forNike, Brand Jordan, Adidas, New Balance, Asics, and Others(includes corresponding Graph/Chart) III-7Table 63: Leading Players in the US Lightweight FootwearMarket (2012): Percentage Share Breakdown of Sales forAdidas Group, Nike, Under Armour and Others (includescorresponding Graph/Chart) III-8Table 64: Leading Players in the US Basketball FootwearMarket (2012): Percentage Share Breakdown of Sales forAdidas Group, Nike, Under Armour and Others (includescorresponding Graph/Chart) III-8Table 65: Leading Brands in the US Casual Athletic FootwearMarket (2012): Percentage Breakdown of Sales for Nike,Adidas, Converse, Skechers, Puma and Others (includescorresponding Graph/Chart) III-8Table 66: Leading Brands in the US Running AthleticFootwear Market (2012): Percentage Breakdown of Sales forNike, Adidas, Converse, Skechers, Puma and Others (includescorresponding Graph/Chart) III-9Table 67: Leading Brands in the US Training AthleticFootwear Market (2012): Percentage Breakdown of Sales forNike, New Balance, Jordan, Reebok, Vibram Fivefingers andOthers (includes corresponding Graph/Chart) III-9Table 68: US Golf Footwear Market by Leading Players(2012): Percentage Breakdown of Sales for Nike, Footjoy andAdidas (includes corresponding Graph/Chart) III-9Favorable Trends Driving Market III-10Fitness and Health Consciousness Drive Footwear Sales III-10Growing Demand for Eco-Friendly Raw Materials III-10Industrial Footwear Safety Standards Sustain Footwear Demand III-10Product Innovations - Name of the Game III-10A 'Casual' Barge into Dress Footwear Market III-10Men Have Deeper Pockets for Footwear than Women III-11Marine Footwear: Cracking out of the 'Performance-only' Shell III-11Retail Dynamics III-12Footwear Distribution Channels III-12Internet Retailing Catch Up Momentum III-12Table 69: US Footwear Market by Distribution Channel (2004 &2012): Percentage Share Breakdown of Sales (includescorresponding Graph/Chart) III-13Offering Discounts - The New Marketing Mantra... III-13Retail Stats III-14Table 70: US Athletic Footwear Market by DistributionChannel (2012): Percentage Share Breakdown of Sales forSporting Goods Stores, Discount Stores, Specialty AthleticFootwear, Online, Department Stores, Family FootwearStores, Factory Outlet Stores, Specialty Sport Shops, andOthers (includes corresponding Graph/Chart) III-14Table 71: US Athletic Footwear Market by Leading Retailers(2012): Percentage Share Breakdown of Value Sales for FootLocker Inc, Finish Line, Dick's Sporting Goods, NikeDirect, and Others (includes corresponding Graph/Chart) III-14Table 72: US Leading Women's Footwear Brands Sold throughDepartment Stores (2012): Percentage Breakdown for UCG,Private Label, Coach, Nine West, Steve Madden, Clarks,Jessica Simpson and Others (includes correspondingGraph/Chart) III-15E-Sales of Athletic Footwear on the Up III-15Table 73: US Athletic Footwear Market (2012): PercentageShare Breakdown of E-Sales by Gender (includescorresponding Graph/Chart) III-15Table 74: Leading Players by Online Footwear Sales in theUS (2012) (includes corresponding Graph/Chart) III-16The Highway Showdown Catching Up III-16Trouble Continues for Footwear Wholesalers III-16Consumer Insights III-17Americans become Smart Consumers III-17Urban Consumers and Changing Social Standards - Driving Growth III-17Comfort and Image- Priorities of Baby Boomers' III-17Teenagers-The Retailers' Favorite III-18Kids become Decision-Makers III-18Minority Marketing- The New Game of Footwear Manufacturers... III-18Female Hispanic Population - An Emerging Market. III-19Table 75: US Population by Ethnic Origin/Race (2000 &2010): Breakdown for Whites, Blacks, Asians, and OtherRaces (in million) (includes corresponding Graph/Chart) III-19Table 76: US Population by Ethnic Origin/ Race (2030E &2050E): Percentage Share Breakdown for Whites, Blacks,Asians, and Other Races (includes correspondingGraph/Chart) III-20Key Consumer Stats III-20Table 77: US Footwear Market (2012): Breakdown of AverageAnnual Per Capita Spends on Footwear by Annual HouseholdIncome (In US$) (includes corresponding Graph/Chart) III-20Table 78: US Footwear Market (2012F): Breakdown of AverageAnnual Per Capita Spends on Footwear by Age Group (In US$)(includes corresponding Graph/Chart) III-21Table 79: US Footwear Market by Consumer Group (2012):Percentage Share Breakdown of Sales for Women's Footwear,Men's Footwear, and Children's Footwear (includescorresponding Graph/Chart) III-21Table 80: US Footwear Market (2012): Breakdown of AverageAnnual Per Capita Spends on Footwear by Ethnic Group (InUS$) (includes corresponding Graph/Chart) III-22Table 81: US Footwear Market (2012): Breakdown of AverageAnnual Per Capita Spends on Footwear by Region (In US$)(includes corresponding Graph/Chart) III-22The Advent of the Hip-Hop Culture- Gateway to LargeConsumer Base III-22Product Introductions/ Innovations III-23Strategic Corporate Developments III-35Key Players III-44B.Market Analytics III-53Table 82: US Recent Past, Current & Future Analysis forFootwear by Product Segment - Athletic (Aerobic, Baseball,Basketball, Cross- Training, Soccer, Running, Tennis,Walking, Hiking, Athleisure and Others), Outdoor/Rugged,Casual and Dress/Formal Footwear Markets IndependentlyAnalyzed with Annual Sales Figures in Thousand Pairs forYears 2010 through 2018 (includes corresponding Graph/Chart) III-53Table 83: US Historic Review for Footwear by Product Segment -Athletic (Aerobic, Baseball, Basketball, Cross-Training,Soccer, Running, Tennis, Walking, Hiking, Athleisure andOthers), Outdoor/Rugged, Casual and Dress/Formal FootwearMarkets Independently Analyzed with Annual Sales Figures inThousand Pairs for Years 2004 through 2009 (includescorresponding Graph/Chart) III-54Table 84: US 15-Year Perspective for Footwear by ProductSegment - Percentage Breakdown of Unit Sales for Athletic(Aerobic, Baseball, Basketball, Cross-Training, Soccer,Running, Tennis, Walking, Hiking, Athleisure and Others),Outdoor/Rugged, Casual and Dress/ Formal Footwear Marketsfor Years 2004, 2013 and 2018 (includes correspondingGraph/Chart) III-55Table 85: US Recent Past, Current & Future Analysis forFootwear by Product Segment - Athletic (Aerobic, Baseball,Basketball, Cross-Training, Soccer, Running, Tennis,Walking, Hiking, Athleisure and Others), Outdoor/Rugged,Casual, Dress/ Formal Footwear and Footwear AccessoriesMarkets Independently Analyzed with Annual Sales Figures inUS$ Million for Years 2010 through 2018 (includescorresponding Graph/Chart) III-56Table 86: US Historic Review for Footwear by Product Segment -Athletic (Aerobic, Baseball, Basketball, Cross-Training,Soccer, Running, Tennis, Walking, Hiking, Athleisure andOthers), Outdoor/Rugged, Casual, Dress/Formal Footwear andFootwear Accessories Markets Independently Analyzed withAnnual Sales Figures in US$ Million for Years 2004 through2009 (includes corresponding Graph/Chart) III-57Table 87: US 15-Year Perspective for Footwear by ProductSegment - Percentage Breakdown of Dollar Sales for Athletic(Aerobic, Baseball, Basketball, Cross-Training, Soccer,Running, Tennis, Walking, Hiking, Athleisure and Others),Outdoor/Rugged, Casual, Dress/Formal Footwear and FootwearAccessories Markets for Years 2004, 2013 and 2018 (includescorresponding Graph/Chart) III-582. CANADA III-59A.Market Analysis III-59Outlook III-59Demand for Athletic Shoes on the Up III-59Strategic Corporate Developments III-59Key Player Review III-60B.Market Analytics III-61Table 88: Canadian Recent Past, Current & Future Analysisfor Footwear by Product Segment - Athletic (Aerobic,Baseball, Basketball, Cross- Training, Soccer, Running,Tennis, Walking, Hiking, Athleisure and Others),Outdoor/Rugged, Casual and Dress/ Formal Footwear MarketsIndependently Analyzed with Annual Sales Figures in ThousandPairs for Years 2010 through 2018 (includes correspondingGraph/Chart) III-61Table 89: Canadian Historic Review for Footwear by ProductSegment - Athletic (Aerobic, Baseball, Basketball,Cross-Training, Soccer, Running, Tennis, Walking, Hiking,Athleisure and Others), Outdoor/Rugged, Casual andDress/Formal Footwear Markets Independently Analyzed withAnnual Sales Figures in Thousand Pairs for Years 2004through 2009 (includes corresponding Graph/Chart) III-62Table 90: Canadian 15-Year Perspective for Footwear byProduct Segment - Percentage Breakdown of Unit Sales forAthletic (Aerobic, Baseball, Basketball, Cross-Training,Soccer, Running, Tennis, Walking, Hiking, Athleisure andOthers), Outdoor/Rugged, Casual and Dress/Formal FootwearMarkets for Years 2004, 2013 and 2018 (includescorresponding Graph/Chart) III-63Table 91: Canadian Recent Past, Current & Future Analysisfor Footwear by Product Segment - Athletic (Aerobic,Baseball, Basketball, Cross- Training, Soccer, Running,Tennis, Walking, Hiking, Athleisure and Others),Outdoor/Rugged, Casual, Dress/ Formal Footwear and FootwearAccessories Markets Independently Analyzed with Annual SalesFigures in US$ Million for Years 2010 through 2018 (includescorresponding Graph/Chart) III-64Table 92: Canadian Historic Review for Footwear by ProductSegment - Athletic (Aerobic, Baseball, Basketball,Cross-Training, Soccer, Running, Tennis, Walking, Hiking,Athleisure and Others), Outdoor/Rugged, Casual, Dress/FormalFootwear and Footwear Accessories Markets IndependentlyAnalyzed with Annual Sales Figures in US$ Million for Years2004 through 2009 (includes corresponding Graph/Chart) III-65Table 93: Canadian 15-Year Perspective for Footwear byProduct Segment - Percentage Breakdown of Dollar Sales forAthletic (Aerobic, Baseball, Basketball, Cross-Training,Soccer, Running, Tennis, Walking, Hiking, Athleisure andOthers), Outdoor/Rugged, Casual, Dress/ Formal Footwear andFootwear Accessories Markets for Years 2004, 2013 and 2018(includes corresponding Graph/Chart) III-663. JAPAN III-67A.Market Analysis III-67Outlook III-67Market Overview III-67Children's Footwear Market Remains Buoyant III-67Comfort and Stylish Footwear: The Japanese Favorites III-67Competition III-68Strategic Corporate Development III-68Key Player III-68B.Market Analytics III-70Table 94: Japanese Recent Past, Current & Future Analysisfor Footwear by Product Segment - Athletic (Aerobic,Baseball, Basketball, Cross- Training, Soccer, Running,Tennis, Walking, Hiking, Athleisure and Others),Outdoor/Rugged, Casual and Dress/ Formal Footwear MarketsIndependently Analyzed with Annual Sales Figures in ThousandPairs for Years 2010 through 2018 (includes correspondingGraph/Chart) III-70Table 95: Japanese Historic Review for Footwear by ProductSegment - Athletic (Aerobic, Baseball, Basketball,Cross-Training, Soccer, Running, Tennis, Walking, Hiking,Athleisure and Others), Outdoor/Rugged, Casual andDress/Formal Footwear Markets Independently Analyzed withAnnual Sales Figures in Thousand Pairs for Years 2004through 2009 (includes corresponding Graph/Chart) III-71Table 96: Japanese 15-Year Perspective for Footwear byProduct Segment - Percentage Breakdown of Unit Sales forAthletic (Aerobic, Baseball, Basketball, Cross-Training,Soccer, Running, Tennis, Walking, Hiking, Athleisure andOthers), Outdoor/Rugged, Casual and Dress/Formal FootwearMarkets for Years 2004, 2013 and 2018 (includes To order this report: Global Footwear Industry http://www.reportlinker.com/p01374899/Global-Footwear-Industry.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Footwear __________________________Contact Clare: clare@reportlinker.com US: (339)-368-6001Intl: +1 339-368-6001 Consumer Discretionary Commodity Markets Japan Latin America
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{ margin: 0 auto;
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text-align: left;
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Pandora Birthstone Bead Garnet Floral January Red$63.00  $15.00Save: 76% offPandora Murano Glass Bead Charm 14K Lotus Red$55.00  $13.00Save: 76% off2012 Pandora Crystal Bead 026$59.00  $18.00Save: 69% offPandora Silver & Gold Bead Drum Silver And Gold$47.00  $11.00Save: 77% off



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posted Mar 13th, 2014 10:57 pm


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Featured - more
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Displaying 1 to 18 (of 3655 products)
 1  2  3  4  5 ...  204  [Next >>] 


Copy -MASTER series of Jaeger-LeCoultre Q1488404 men's mechanical watch$19,409.00  $207.00Save: 99% off
Copy -Seiko - pilot six-generation family SRP255J1 men's mechanical watch$899.00  $178.00Save: 80% off
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