Shoppers to reduce spending on footwear - Including sneakers

More and more consumers are walking away from making a footwear purchase due to cost. More than three-quarters (78%) of consumers said they had halted a purchase due to high costs up 12 percentage points from 2024, according to AlixPartners' U.S. Consumer Footwear Survey, conducted in partnership with the Footwear Distributors and Retailers of America.