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Top related persons:
Beth Goldstein - 4 ” - 3 Circana - 3 “ - 2 Bey - 1 Cowboy Carter - 1 Post Malone - 1 Levi’s - 1
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New York Pass_by Stockholm Oregon Portland Dominican Republic Thailand
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New - 3 New York CNN - 3 CNN - 2 Bloomberg - 1 Getty - 1 Circana - 1 Telsey Advisory - 1 Billboard - 1

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☆ Beyoncé is sending Levi’s and Western boot sales soaring
  + stars: | 2024-04-15 | by ( Nathaniel Meyersohn | ) edition.cnn.com   time to read: +3 min
All of which has apparently sent fans flocking to Levi’s for denim jeans, denim jackets and Western clothing since the album was released on March 29. Levi’s has made its own moves to capitalize on Beyoncé namechecking the brand and the extra attention it’s receiving. Angus Mordant/Bloomberg/Getty Images“Act II: Cowboy Carter” has also led to a rise in Western boot sales. Sales spiked another 45% the following week when “Texas Hold ‘Em” reached the top of Billboard’s Hot 100 chart, Circana said. Beyoncé has also lifted Western boot sales at Calares, a women’s shoe and accessories chain, said Dana Telsey, a retail analyst at Telsey Advisory Group.
Persons: Bey, Cowboy Carter, Post Malone, Levi’s, ”, Michelle Gass, Beyoncé, Angus Mordant, Cowboy Carter ”, Circana, Taylor Swift, Beth Goldstein, Dana Telsey, Etsy, Th, CNN’s Lisa France Organizations: New, New York CNN, Bloomberg, Getty, Circana, Telsey Advisory, Billboard, Deutsche Bank Locations: New York, Pass_by, Instagram, Stockholm
☆ Birkenstock spooks with cautious outlook even as its sandals stay on trend
  + stars: | 2024-01-18 | by ( Parija Bhatnagar | Parija Kavilanz | ) edition.cnn.com   time to read: +3 min
New York CNN —Birkenstock sandals might be as pricey as ever, and the folksy footwear are as popular with shoppers as ever, too. Despite strong sales, the company gave a cautious outlook for 2024, saying it expects “modest headwind to impact margins.”Birkenstock shares dipped nearly 8.5% on the news Thursday. “They have really strong profitability that was really eating them during their IPO and post IPO. “Overall the brand remains healthy with strong sales growth in the fourth quarter and encouraging first-quarter trends so far. “The comfort of these sandals coincided with the casual comfort dressing trend that was already in play pre-pandemic and accelerated through it.
Persons: “, Abigail Gilmartin, Gilmartin, ”, TikTok, Beth Goldstein, Birkenstocks, Birkenstock, ” Goldstein Organizations: New, New York CNN, Bloomberg Intelligence, CNN, “ Locations: New York
☆ Gen Z and millennial shoppers are swapping handbags for fanny packs and totes
  + stars: | 2023-06-27 | by ( Sawdah Bhaimiya | ) www.businessinsider.com   time to read: +2 min
Gen Z and millennial shoppers are ditching handbags for fanny packs and tote backs. The pandemic made remote working a norm and this popularized casual wear for various occasions. According to new data from consumer behavior analysis firm Circana – which tracks the online and in-store purchases of 150,000 US consumers – Gen Z and millennial consumers aged between 18 and 34 are buying fewer handbags than older shoppers. "Versatile, hands-free options, including backpacks and fanny packs, have proven to be very desirable," she added. Fanny packs have had a comeback in recent years among younger generations because they're small enough to hold essential items when going clubbing or to a festival.
Persons: Z, fanny, —, Gen Z, Millennials, Beth Goldstein, Circana Organizations: tote, Service
☆ Why one popular shoe brand is lowering prices despite inflation
  + stars: | 2023-06-04 | by ( Parija Kavilanz | ) edition.cnn.com   time to read: +3 min
New York CNN —As inflation continues to strain family budgets, forcing people to prioritize purchasing daily necessities over discretionary buys, one maker of popular footwear is lowering prices on its products to provide some relief to weary consumers. “Families are obviously feeling the pressure from inflation,” Beth Goldstein, footwear and accessories analyst at Circana, said in the report. “Without the government assistance that many households with children had previously received, they are now prioritizing their kids’ footwear replacement needs over their own.”Keen said it is lowering prices on its footwear provide some relief to inflation-weary consumers. Courtesy KeenThe company said it’s started reducing prices across its portfolio of products, which range from $36 for kids’ shoes to about $250 for adult shoes. Keen is lowering prices by about 5% across its products.
Persons: Circana, Beth Goldstein, ” Keen, it’s, ” John Evons, Keen, “, ”, Evons, ” Evons, Goldstein, Keen’s Organizations: New, New York CNN, NPD, CNN Locations: New York, Oregon, Portland, Dominican Republic, Thailand
☆ Footwear startup Gales nears $4 million raise in a bid to become the Nike for nurses and doctors. 'What Nike has built for the athlete we're looking to build for the standing professional.'
  + stars: | 2022-09-15 | by ( Matthew Kish | Ben Tobin | ) www.businessinsider.com   time to read: +5 min
"What Nike has built for the athlete we're looking to build for the standing professional," he told Insider. It raised a $2.1 million round in September 2021. Kizik, which makes slip-on sneakers and is backed by Nike, raised a $20 million round, and Hilma, which makes running shoes for women, raised a $3 million round. Courtesy GalesA $434 million market rife with opportunityAccording to NPD Group, the market for "occupational footwear" increased by 28% in 2021, to $434.4 million. He also founded and exited the footwear brand Rob McAllan, which sold dress shoes designed to perform more like sneakers.
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