THE FOOTWEAR EYE
10 • Footwear Insight ~ July/August 2021 footwearinsight.com
T
he industry's top footwear brands had a strong Q2,
outperforming the Dow during the quarter that ended
on June 30. According to the Footwear Insight Index —
our weekly and quarterly report tracking 20 of the most important
publicly traded companies that have a substantial footwear busi-
ness (6 retailers, 14 brands) — for the three month-period that
began April 1, the Footwear Segment rose more than 13 percent
with 12 entrants rising double-digits on a percentage basis. The
Q2 gainers were led by Asics, Crocs, and Boot Barn. There were
four decliners over the three months with Wolverine Worldwide
showing the biggest drop-off at more than -11.2 percent. For its
part, the Dow went up nearly 1,350 points in Q2, or 4.07 percent
for the April 1-June 30 timeframe. Pent-up demand for footwear
out of the COVID-19 pandemic likely contributed to the Footwear
Segment's overall strong performance. — Bob McGee
Q2 INDEX: Footwear
Segment on the Rise
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