Establishments primarily engaged in the production of women's footwear designed primarily for dress, street, and work. Establishments primarily engaged in the production of athletic shoes and misses', children's, infants', and babies'footwear are classified in Industry 3149. Establishments primarily engaged in the production of rubber or plastics footwear are classified in Industry 3021, and those manufacturing orthopedic extension shoes are classified in Industry 3842.
The Women's Footwear, Except Athletic (NAICS 3144) industry has seen notable qualitative trends shaping its direction. One key trend is the increasing consumer preference for sustainable and eco-friendly materials. Brands are responding by incorporating recycled materials and organic fabrics to appeal to environmentally conscious buyers. Furthermore, digital transformation continues to influence the industry significantly, with e-commerce and digital marketing becoming crucial for reaching and engaging customers.
Customization and personalization of footwear are also gaining traction, allowing consumers to have shoes that better reflect their individual styles and preferences. This trend extends to comfort and ergonomics, as customers demand more from their footwear in terms of comfort without sacrificing design.
In terms of forecasts, the near future is expected to see a continuation of these trends. Sustainability will likely move from a differentiator to a standard expectation. As technology advances, augmented reality (AR) and virtual try-ons will become more ubiquitous, enhancing online shopping experiences. Global supply chain disruptions may drive increased localization of production to ensure reliability and faster delivery times. In summary, brands that prioritize sustainability, leverage technology, and offer personalized options are poised to thrive in this evolving market.
Boots: women's canvas and leather except athletic
Footwear, women's except house slippers, athletic, and vulcanized
Footwear, women's leather or vinyl with molded or vulcanized soles
Orthopedic shoes, women's: except extension shoes
Shoes, women's except house slippers, athletic, and rubber footwear
A review and comparison of financial performance of privately-help companies in specified SIC/NAICS industry segment, using industry standard benchmarks.
Answers come easily with iCFO. Review ROI, sales per employee, profit margins of the top 10%, top 25% and more, to identify areas of concern and opportunity. Examine what if scenarios and P&L impact of reducing costs or adding revenue.
It takes only five minutes to enter your data and produce a concise profile of your company’s fiscal state, including critical business ratios focusing on liquidity, profitability, asset efficiency, and growth.