sportstyle

September/October 2024

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6 • September/October 2024 sportstyle • sportstylemag.com SURVEY / TRENDS Nike remains the No. 1 favorite footwear (59% share) and apparel (34% share) brand, but mindshare decreased 190 bps Y/Y and 230 bps from Fall 2023. Teen footwear spend was down -1% year-over-year, led by average income teens footwear spend decreasing -3%Y/Y, partially offset by upper-income teens footwear spend increasing 5% year-over-year. Teen "self-reported" spending was down -6% Y/Y to $2,263, and up 1% vs. Fall 2023; parent contribution was 62% in-line with last Fall. BRANDS TRENDING WITH TEENS In the "47th Semi-Annual Taking Stock with Teens Survey" conducted earlier this year, the Minneapolis-based investment company Piper Sandler asked 6,020 teens, with an average age of 16, across 47 states, questions about their favorite brands and things, including athletic footwear and apparel and online shopping. Here are some of the key findings: TEENS' TOP FOOTWEAR BRANDS TEENS' TOP CLOTHING BRANDS VANS HOLLISTER NEW BALANCE SHEIN ADIDAS LULULEMON CONVERSE AMERICAN EAGLE NIKE NIKE 59% 7% 7% 5% 3% 3% 3% 5% 6% 34%

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