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NPD Forecasts ‘More Moderate’ Footwear Growth Over Next 2 Years

The Rivet 50 is calling for nominations for leaders in the denim industry in 5 categories: design, influencer, leadership, sustainability and supply chain. Nominations close on May 23.

The NPD Group is predicting continued but “more moderate” price growth in footwear over the next two years. According to the group’s latest “Future of Footwear” report, pent-up demand and higher average selling prices drove footwear revenues up 23 percent last year to record levels. Unit sales also grew in the double digits. Both metrics…

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