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

As we settle into the new year, our Sourcing Summit Companion Report looks ahead at ways to optimize processes and performance.

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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