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What’s Going on in the Footwear Market? It’s Complicated

Rivet's 2020 Denim Circularity report takes a deep dive into how the global denim industry is plotting its circular future amidst a worldwide pandemic.

Now may be a relatively good time to be in the casual footwear business. Given the economic climate and uncertain outlook, overall spending on clothing and shoes is taking a backseat to food, housing and other essentials. Oliver Chen, Cowen & Co. luxury and retail analyst, sees beauty and wellness gobbling up wallet share left…

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