78% of U.S. consumers have temporarily given up purchasing footwear due to high prices.
Xuzhou Hoffen Chemicals Co., Ltd. 2025-5-9 21:54:17
According to the latest report by AlixPartners, consumer purchasing behavior is undergoing significant changes due to rising footwear costs driven by trade tariffs. A U.S. footwear consumer survey conducted in spring 2025 shows that 78% of consumers have refrained from buying footwear due to high prices—an increase of 12 percentage points from the previous year.
Consumers plan to cut spending across all footwear categories, including shoes/boots (down 29%), fashion/dress shoes (down 26%), athletic/casual/multi-purpose footwear (down 17%), and casual shoes (down 16%). The report highlights growing price sensitivity among consumers, with the lack of promotional offers cited as a major reason for abandoning purchases—accounting for 59% of responses.
In addition, only 5% of respondents said that loyalty programs would encourage them to buy more, indicating a weakening appeal of such incentives. Researchers note that this decline in consumer spending is part of a broader reshaping of U.S. consumer behavior. Since imported footwear accounts for 99% of U.S. footwear sales, rising tariffs have further driven up prices.
Published on May 8, 2025 | Source: AlixPartners
-
European Bullhide Market Conditions
2024-12-02 -
The carbon footprint generated by the waste of raw hides is higher than previously anticipated.
2024-12-02 -
The new version of the "Leather Declaration" calls for leather to be part of the solution to combat climate change.
2024-12-02 -
The laboratory-grown leather startup Faircraft has completed a €15 million Series A funding round.
2024-11-22 -
Cambodia's footwear export value reached 1.3 billion USD in the first 10 months of 2024
2024-11-21 -
French Raw Hide Export Value Sees Slight Decline
2025-06-23 -
The China Leather Association held an exchange meeting with the Italian (China) Leather Industry Association
2024-11-22 -
Adidas Originals Reunites with Edison Chen and Clot for Latest Sneaker Release
2025-06-23 -
Louis Vuitton Tops List as Most Counterfeited Luxury Brand
2025-06-18 -
Shocking Crisis in Major Tanning Hub: 8 of 9 CETP Units Down! 100,000 Tons of Wastewater with Nowhere to Go! 142 Tanneries Struggling to Survive!
2025-06-18 -
The MM6 Maison Margiela x Dr. Martens collaboration collection has officially launched
2024-11-13 -
Delvaux has launched the brand-new Caprice handbag
2024-11-13 -
Vitelco shuts down one of its tanneries
2025-05-09 -
Bentley pursues the pinnacle of leather craftsmanship through groundbreaking AI technology
2025-05-09 -
Winter Dress Trend: Zendaya’s Burgundy Leather Dress Look Analysis
2024-10-27 -
Many factories in Vietnam are facing full order books but are struggling with a significant labor shortage
2024-10-27 -
The EU's zero-deforestation law is set to be delayed by one year and is expected to come into effect by the end of 2025.
2024-10-20 -
In September 2024, the CPI remained flat month-on-month, while the PPI saw a narrower decline month-on-month
2024-10-20 -
The investors of LV's parent company are pinning their hopes on favorable policies from the Chinese economy.
2024-10-20