Katya Naidu29 Mar 2024, 09:22
The era of ‘sensible shoes’ might be behind us, as sports shoes are picking up pace. As per brokerage reports, sports and athleisure sales can grow anywhere between 13-15% compounded annual growth rate for the next 8-11 years — as dressing styles evolve. Sports and athleisure (S&A) footwear growth is structural, says Goldman Sachs. “Demand for the athleisure footwear segment is being driven by the rising acceptance for casual clothing at workplaces, a trend that started post-Covid,” says the Goldman Sachs report.