Shoes That Work Around the Clock the BRANDS to WATCH
Total Page:16
File Type:pdf, Size:1020Kb
TRENDS, PERSPECTIVE & ANALYSIS • MARCH/APRIL 2020 • A FORMULA4 MEDIA PUBLICATION THE NEW 9 TO 5 Shoes that Work Around the Clock THE BRANDS TO WATCH CHILD’S PLAY What Kids Want to Wear and Parents Want to Buy footwearinsight.com Please contact your local sales representative to preview our Fall 2020 Collection. ® • MARCH/APRIL 2020 ANALYSIS PERSPECTIVE & TRENDS, FOOTWEAR INSIGHT footwearinsight.com Editorial Director Cara Griffin Editor-in-Chief Jennifer Ernst Beaudry Senior Editor Bob McGee Contributors Nancy Ruhling Suzanne Blecher Publisher Jeff Nott [email protected] 516-305-4711 Advertising Katie O’Donohue [email protected] 828-244-3043 Sam Selvaggio [email protected] 212-398-5021 Ron Stern [email protected] 201-774-2432 Art Director Francis Klaess Production / Digital Brandon Christie 516-305-4710 [email protected] Formula4Media® PO Box 23-1318, Great Neck , NY 11023 Phone: 516-305-4709 Fax: 516-305-4712 www.formula4media.com Footwear Insight Footwear Insight Extra Outdoor Insight Team Insight Team Insight Extra Textile Insight Above: Textile Insight Extra Nothing says workplace like loafers Trend Insight and lace-ups, but these fall looks aren’t just sportstyle all business. Clockwise from top: Patrizia’s loafer with chunky outsole and hardware Subscriptions: store.formula4media.com detailing; Propet’s floral embossed leather One year, $39.00 (U.S. Funds) in the United laceup; Naot’s suede-and-leather slip-on style. States. All other countries, $89.00 (U.S. Funds). On the cover: Ankle-height boots make Footwear Insight® is a registered trademark the grade. From top: Propet’s cap-toe boot; of Formula4 Media, LLC. ©2020 All rights Dunham’s chukka style; Rieker’s mixed- reserved. The opinions expressed by authors and material look with athletic-inspired outsole. contributors to Footwear Insight are not necessarily those of the editors or publishers. Footwear Insight Cover photo and right by Frank James is not responsible for unsolicited manuscripts, photographs or artwork. Articles appearing in Footwear Insight may not be reproduced in whole or in part without the express permission of the publisher. Footwear Insight is published 10 times 14 16 18 20 32 36 in 2020: Jan; Feb; Mar/Apr; May; Jun; Jul; Aug; BOTH SIDES NOW EASY AS 1-2-3 KEEPING IT REAL THE NEW 9-to-5 TREND INSIGHT LOOKING AHEAD Sep/Oct; Nov; Dec. Three stores We break down So what do people When it comes to Our MESH01 survey For more than a share their winning three trends to really wear on the workday footwear, went to the source century, Michelson’s Postmaster: Send address changes formula for impressing watch in workbook job? We asked three these stylish shoes to ask consumers Shoes has thrived by to Footwear Insight, P.O. Box 23-1318 kids — and their and job site style. professionals. work around the clock. what they’re planning for the future. Great Neck, NY 11023 Please contact your local sales representative to preview our Fall 2020 Collection. discerning parents. buying for work. TIME OUT | JENNIFER ERNST BEAUDRY Strange Days It’s been a chaotic and unnerving time for everyone, or activity-appropriate. Selecting clothes for the and I know a lot of us are worried — about our day has become the flashpoint for more than one health, about our businesses, about our custom- pitched battle, so you can imagine the dread I was ers. The speed at which the COVID-19 crisis has feeling when I realized a few weeks ago that she unfolded has seemed to accelerate daily, and I had outgrown most of her clothes and shoes, and I know a lot of you have revised your plans on an would have to present her with replacements just hourly basis. ripe for being rejected. We still don’t know what the longer-term impacts Until I had a brainstorm. I pulled a bunch of hang- of this crisis will be, and I know from the last few ers and our coat rack into the living room, carried days that I don’t know enough my full-length mirror down from my room and set to guess. So in the meantime, I up shop. I hung dresses on the coat rack, folded want to send a bit of a love letter sweaters and skirts on the piano bench, and used to all the shops I’ve been talking the turntable to set up a shop-in-shop with some to, following on social media and of my old jewelry, a plant, and a pair of novelty observing as they rise to this sunglasses. I took the shoes and the sandals and challenge. merchandised them with looks. Then I took the I’ve been inspired by the old toddler shopping cart and play cash register innovative things I’ve seen inde- out of the basement and opened my store. pendents around the country And it worked. It worked! Getting to “shop” for doing —deliveries, drop-in, adapt- her own things thrilled her to no end, and she piled ing their store hours, working her cart high with her new stuff. (Her mother’s with staff, rescheduling their daughter, I was pleased to see she started with events, reaching out to those shoes and built her outfits around them.) It was in need — to keep serving their such a lovely reminder of how much pleasure there customers while protecting their is in shopping in a store — all the surprises, the My daughter with her “purchases.” employees and community. ideas you get, the things you discover. All it was And that’s good, because we need your stores. missing was that one extra element your stores I’ve had retail on the mind more so than usual provide: The amazing associates who are there to lately. And one of the reasons why was brought explain the product, break down the trends, fit the home the other day when I was trying to solve shoes and fill the need. Thank you for working so a personal dilemma. My daughter is 4, and has hard to create those experiences, and thank you strong opinions about what clothes she wears for letting me not just play at it for an afternoon, and what footwear she wants for the day. And but watch it in action all year round. as it may not surprise any of you familiar with 4-year-olds to learn, her opinions and my own don’t always align as to what’s weather-appropriate 4 • Footwear Insight ~ March/April 2020 footwearinsight.com TRAQ SS20 AD FI 031720 R1.indd 1 3/17/20 4:41 PM National Shoe Retailers Association THE FOOTWEAR EYE America’s Largest Organization Representing Independent Footwear Retailers BUSINESS Modell’s Will Likely Go Dark NSRA membership offers these benefits, and more! On NYC Landscape New Benefit! Sales & Management Training Improve Sales and Leadership in Your Business with John Lees! John Lees offers complimentary and confidential personalized training that is tailored to your staff and store. It’s a specially curated program exclusively for NSRA retail members! Contact NSRA for more information. NSRA’s Leadership Conference Retail Education Seminars Join NSRA November 4th & 5th at the NSRA’s educational programs are held Hilton El Conquistador in Tucson, AZ! in conjunction with premier shoe shows, Discover ways to grow your business and and are complimentary to show attendees. Las Vegas, NV connect with industry leaders to discuss The seminars feature industry experts who challenges and opportunities. Nationally offer quality business education to independent recognized experts explore retail business retailers on relative industry topics. Join us topics and provide leadership insights. This annual conference every February and August for our Education is the largest of its kind, giving attendees a unique opportunity Conferences in conjunction with MICAM to connect and network with top independent retailers and the Americas in Las Vegas and our Retail Training vendors who support them. Workshops at the Atlanta Shoe Market. Atlanta, GA otta Go to Mo’s is a 2019, was caused by a number of factors, fortunes of the family business and gener- Next Generation Leadership Program Retail Education Webinars phrase that may con- including the annual burden of $95 million in ating cash. Several years before pumping A program that answers the needs of the next Join industry professionals and tinue to ring true in store rent expenses. In early 2019, RBC Capital $6.8 million in personal resources into the Retail generation of leaders with cutting-edge and NSRA in live education seminars Education New York City, but con- Markets executed confidentiality agreements operation, lobbying landlords for rent con- hands-on sessions that focus on practical GEN via the internet, discussing topics sumers would have far with 14 potential buyers and eight manage- cessions and urging key vendors to provide solutions for generational transitions. that will help grow your business. EBINARS fewer places to head ment presentations for possible acquirers. more favorable credit terms, he sold the W for their apparel and The bankrupt business has $288 million in family-controlled, 336,000-sq. ft. distribu- Glicensed garb, according to bankruptcy court liabilities and $220 million in assets. Modell’s tion center in the Bronx to an Annapolis, Shoe Retailing Today NSRA OnLine Business Performance documents filed in early March. owes it top three unsecured creditors — MD-based logistics firm for $115 million. A bi-monthly industry publication Bi-weekly electronic Report 2020 Surveys Coming Soon! Six Modell’s Sporting Goods stores owned Adidas, Nike and Under Armour — $21.5 Terms of that deal require Modell’s to featuring topics such as: newsletter featuring: The footwear industry’s by non-debtor Henry Modell & Co., a spin-off million in aggregate.