BoF Insights | How Men’s Footwear Is Smartening Up in 2023

If menswear designers send out more boots and loafers and fewer sneakers to the runways of Milan and Paris this season, it will be as much a case of trend-following as fashion sets trends. right.

New research in BoF Insights’ latest report, “The New Statement Shoe: Reimagining Designer Footwear,” shows that for the first time in years, formal shoes have dominated among male shoe buyers.HNW survey conducted in late 2022 in collaboration with Luxury research firm Altiant, for its report, found that the majority of male respondents in the US and UK are more likely to buy dress shoes than casual styles in the coming months.

Regardless of style, 2023 presents opportunities for global growth for designer shoe brands. A male and female shopper in the US, UK, and China who took part in BoF Insights’ survey expects he will spend more money on new designer shoes in 2023 than he did in 2022.

But as shopper tastes change, brands have work to do to capture that spend. Sneakers continue to dominate the lineup of most designers in his brand, with brands ranging from Balenciaga to Prada accounting for more than half of his house’s inventory in US fashion, according to Edited’s research published in the BoF Insights report. occupies.

For more information on the designer footwear market, download the BoF Insights report, The New Statement Shoe: Reimagining Designer Footwear.

The BoF Insights archive also includes research and analysis on Gen Z and fashion, designer bags, resale, digital fashion, the fashion supply chain, and sustainability.

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