Despite the devastating impact COVID-19 has had on supply chains and retail stores, it illustrates how major sneaker brands have managed to recover and boost online sales over the past year.
While revenue in 2022 is expected to remain below pre-COVID-19 levels, the global sneaker market is expected to grow 30% to reach $102.8 billion by 2025.
So why is the appeal of sneakers so enduring?
Modern sneaker culture tells us that these shoes are the art of the foot and are more comfortable than ever. The