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From loafers to sneakers: why snoafers are dominating 2025 footwear trends
From loafers to sneakers: why snoafers are dominating 2025 footwear trends

Fashion Network

timea day ago

  • Business
  • Fashion Network

From loafers to sneakers: why snoafers are dominating 2025 footwear trends

In the world of fashion hybrids, there are skorts (shorts that look like skirts), jeggings (leggings made of stretch denim), and shackets (shirt-jackets). The latest style mash-up: snoafers. One of the biggest trends in footwear combines the cushioned sole of a sneaker with the upper of a loafer, for a comfortable business-casual shoe that is meant to be worn anywhere. Although their divisive appearance initially generated backlash, snoafers have emerged as a viral breakout category for major sneaker brands including New Balance, Hoka, and Puma, selling out quickly and landing on online marketplaces at wildly inflated prices since last year. Joining the trend late is Nike, which recently introduced its Air Max Phenomena, created through the company's Serena Williams Design Crew apprenticeship program. Prior to its release last week, the $155 snoafer was listed on StockX for as much as $500, fueling buzz for the sportswear giant after a year-long sales slump. In a $457 billion global footwear market loaded with sneakers, 'customers are looking for something different,' said Drew Haines, senior marketplace director at resale marketplace StockX, which has seen an influx of shoppers vying for the latest snoafers. Sneaker enthusiasts appear more receptive to unconventional silhouettes being developed by a wider array of brands, he said—an encouraging sign for footwear designers eager to experiment and differentiate themselves in an increasingly saturated market. When trends in fashion arise, they often have short lifespans—something amplified by a social media-driven culture—forcing companies to continuously innovate to stay relevant. 'I do think brands are going to start to take some of these risks… to produce and release products that are outside of the traditional scope,' Haines said. 'Whenever they do that, it seems to really resonate.' New Balance began selling its snoafer, the 1906L, in September and is credited with popularizing the silhouette. 'We've been blown away by how the 1906L has been embraced—not just by sneaker fans, but by a broader audience,' said Charlotte Lee, a New Balance design manager. 'It's opened up a new design space for us, and we're definitely planning to explore that further.' That includes new colors and materials expected to be released soon. New Balance did not provide sales figures, but the shoes quickly sold out online in the U.S., and Lee said demand has remained strong beyond the initial drop. 'We wanted to challenge the perception of loafers,' she said. By fusing the performance of a sneaker with the 'dressier' look of formal footwear, the 1906L is 'a product that fits how people actually live and move.' Hoka, known for its running shoes, is currently sold out of its all-gender Speed Loafer, which retails for $185. Puma debuted its Sophyr loafer last year and is still sold out in multiple sizes. Nike-owned Converse is also getting in the game, unveiling its All-Star Coinloafer in the U.S. in June. Different shoe variations have been offered in Japan as early as 2022, according to Women's Wear Daily. The hype hasn't let up: Online searches for New Balance's 1906L have increased 3,700% on StockX since last year's first quarter—months before its release. Kelly Baartman, 27, bought a pair of Rich Oak 1906Ls from a shoe store called Archive in June and said she loves the hybrid versatility of the shoes. 'I love wearing a sneaker and I love wearing a loafer,' said the content creator from South Africa. 'To see that concept come together, just based on my personal style, I was like, 'Oh, this is literally perfect.'' Angel Edme, a content creator from Brooklyn, said she enjoys it when brands take creative risks. 'It was something different,' she said of her 1906Ls, which she wears to run errands and attend creator events. 'It felt fresh and playful—something I could experiment with and style in new ways.' Even big apparel companies are taking note. 'The loafer is 100% making a comeback in every single form,' said Mark Breitbard, president and chief executive officer of the Gap brand, in an interview with Bloomberg. He said Gap takes into account what shoe styles are trending when the company designs its jeans, to ensure its clothes complement what shoppers are wearing on their feet.

Nike's turnaround strategy faces stiff headwinds from tariffs and rivals
Nike's turnaround strategy faces stiff headwinds from tariffs and rivals

Fashion Network

time3 days ago

  • Business
  • Fashion Network

Nike's turnaround strategy faces stiff headwinds from tariffs and rivals

Signs of recovery are beginning to emerge at Nike under CEO Elliott Hill, but the path forward remains uncertain amid intensifying competition, delayed launches and geopolitical headwinds. The company reported a 12% revenue drop and earnings per share of $0.14 in the fourth quarter, while Faith Kipyegon's attempt to break the four-minute mile in Paris — backed by Nike — fell just short. 'You have to dare to try,' said Nike Chief Executive Officer Elliott Hill on the analysts' call following both the attempt in Paris and the company's fourth-quarter results. Hill has taken on the challenge of reviving the sportswear giant that faltered under former CEO John Donahoe. And there were the first signs on Thursday that his makeover is working. But investors, who pushed the shares up as much as 11% in pre-market trading, shouldn't get carried away. There are still some stumbling blocks — not least the ambition of Hill's counterpart at Adidas AG, Bjorn Gulden, who wants to capitalize on the heat around its trendy sneakers to increase sales of athletic footwear — just the part of the market that Hill's recovery hinges on. Nike is making progress in clearing out stocks of out-of-fashion sneakers, particularly the Air Force 1. The company believes it will have worked through the backlog by the end of the first half of this fiscal year. Not having to discount so heavily should boost profitability. Nike expects its gross margin — the difference between the price at which it buys and sells goods — to be down by 3.5 to 4.25 percentage points, including a 1 percentage point hit from tariffs, in the first quarter, compared with a 4.4 percentage point decline in the final three months. The company also looks to be ending its new product drought. The Vomero 18 shoe has generated more than $100 million in sales since its launch at the end of February. Meanwhile, the frenzy around the new hybrid loafer and sneaker, the Air Max Phenomena, has driven resale prices beyond $500 — even before its official release. That looks like a blast from Nike's past, when new models had sneakerheads salivating. Also evoking the kind of innovation that has been so sorely lacking is the Cryoshot, which reinterprets classic football boots for everyday dressing. It builds on the #bootsonlysummer TikTok trend of wearing soccer cleats in the street. For the past two and a half years, such foresight has largely belonged to Gulden. It's a welcome shift to see Nike finally riding a trend — rather than missing it, as it did with retro low-rise shoes. But Hill is far from the finish line. The delay in launching NikeSkims — the collaboration between the sportswear giant and Kim Kardashian 's shapewear company — looks like an own goal, especially given the hype around the tie-up. Of course, Hill wants to make such an important debut, right? However, the long gap between the February announcement and the product release seems unfortunate. It gives rivals like Lululemon Athletica Inc. time to spruce up their collections. The CEO also faces the challenge of Donald Trump 's tariffs. While no company is immune from the levies, they are especially unhelpful to retailers amid revival plans, such as Nike, Target Corp. and Gap Inc. Nike said it faced a cost — before any measures to mitigate the impact of tariffs — of about $1 billion. However, it aims to work with its suppliers and retail partners to offset some of the expense and will implement 'surgical' price increases beginning this fall. The last time sneaker makers encountered such a significant external challenge was four years ago, when Covid-19 lockdowns in Vietnam disrupted supply chains. At the time, Nike didn't struggle with demand — consumers were still clamoring for its sneakers. Today, however, it faces fierce competition not only from a resurgent Adidas but also from rising challengers like On Holding AG and Deckers Outdoor Corp.'s Hoka, which gained ground while Donahoe pursued his ill-fated strategy of selling directly through Nike's own stores and websites. As in the luxury sector, brands that remain highly desirable to consumers will be the ones able to raise prices. Through to Thursday's close, Nike shares are down about 34% over the past year, and about 23% since Hill's appointment in September. They trade at about 2 times the next 12 months' sales, compared with Adidas's 1.5 times. That premium will look too lofty until Hill can turn trying into victory. The views expressed are those of the author and do not necessarily reflect those of the publication or its affiliates. Andrea Felsted is a Bloomberg Opinion columnist covering consumer goods and the retail industry. Previously, she was a reporter for the Financial Times.

Nike's turnaround strategy faces stiff headwinds from tariffs and rivals
Nike's turnaround strategy faces stiff headwinds from tariffs and rivals

Fashion Network

time5 days ago

  • Business
  • Fashion Network

Nike's turnaround strategy faces stiff headwinds from tariffs and rivals

Nike is making progress in clearing out stocks of out-of-fashion sneakers, particularly the Air Force 1. The company believes it will have worked through the backlog by the end of the first half of this fiscal year. Not having to discount so heavily should boost profitability. Nike expects its gross margin — the difference between the price at which it buys and sells goods — to be down by 3.5 to 4.25 percentage points, including a 1 percentage point hit from tariffs, in the first quarter, compared with a 4.4 percentage point decline in the final three months. The company also looks to be ending its new product drought. The Vomero 18 shoe has generated more than $100 million in sales since its launch at the end of February. Meanwhile, the frenzy around the new hybrid loafer and sneaker, the Air Max Phenomena, has driven resale prices beyond $500 — even before its official release. That looks like a blast from Nike's past, when new models had sneakerheads salivating. Also evoking the kind of innovation that has been so sorely lacking is the Cryoshot, which reinterprets classic football boots for everyday dressing. It builds on the #bootsonlysummer TikTok trend of wearing soccer cleats in the street. For the past two and a half years, such foresight has largely belonged to Gulden. It's a welcome shift to see Nike finally riding a trend — rather than missing it, as it did with retro low-rise shoes. But Hill is far from the finish line. The delay in launching NikeSkims — the collaboration between the sportswear giant and Kim Kardashian 's shapewear company — looks like an own goal, especially given the hype around the tie-up. Of course, Hill wants to make such an important debut, right? However, the long gap between the February announcement and the product release seems unfortunate. It gives rivals like Lululemon Athletica Inc. time to spruce up their collections. The CEO also faces the challenge of Donald Trump 's tariffs. While no company is immune from the levies, they are especially unhelpful to retailers amid revival plans, such as Nike, Target Corp. and Gap Inc. Nike said it faced a cost — before any measures to mitigate the impact of tariffs — of about $1 billion. However, it aims to work with its suppliers and retail partners to offset some of the expense and will implement 'surgical' price increases beginning this fall. The last time sneaker makers encountered such a significant external challenge was four years ago, when Covid-19 lockdowns in Vietnam disrupted supply chains. At the time, Nike didn't struggle with demand — consumers were still clamoring for its sneakers. Today, however, it faces fierce competition not only from a resurgent Adidas but also from rising challengers like On Holding AG and Deckers Outdoor Corp.'s Hoka, which gained ground while Donahoe pursued his ill-fated strategy of selling directly through Nike's own stores and websites. As in the luxury sector, brands that remain highly desirable to consumers will be the ones able to raise prices. Through to Thursday's close, Nike shares are down about 34% over the past year, and about 23% since Hill's appointment in September. They trade at about 2 times the next 12 months' sales, compared with Adidas's 1.5 times. That premium will look too lofty until Hill can turn trying into victory. The views expressed are those of the author and do not necessarily reflect those of the publication or its affiliates. Andrea Felsted is a Bloomberg Opinion columnist covering consumer goods and the retail industry. Previously, she was a reporter for the Financial Times. with Reuters

Nike's turnaround strategy faces stiff headwinds from tariffs and rivals
Nike's turnaround strategy faces stiff headwinds from tariffs and rivals

Fashion Network

time5 days ago

  • Business
  • Fashion Network

Nike's turnaround strategy faces stiff headwinds from tariffs and rivals

Nike is making progress in clearing out stocks of out-of-fashion sneakers, particularly the Air Force 1. The company believes it will have worked through the backlog by the end of the first half of this fiscal year. Not having to discount so heavily should boost profitability. Nike expects its gross margin — the difference between the price at which it buys and sells goods — to be down by 3.5 to 4.25 percentage points, including a 1 percentage point hit from tariffs, in the first quarter, compared with a 4.4 percentage point decline in the final three months. The company also looks to be ending its new product drought. The Vomero 18 shoe has generated more than $100 million in sales since its launch at the end of February. Meanwhile, the frenzy around the new hybrid loafer and sneaker, the Air Max Phenomena, has driven resale prices beyond $500 — even before its official release. That looks like a blast from Nike's past, when new models had sneakerheads salivating. Also evoking the kind of innovation that has been so sorely lacking is the Cryoshot, which reinterprets classic football boots for everyday dressing. It builds on the #bootsonlysummer TikTok trend of wearing soccer cleats in the street. For the past two and a half years, such foresight has largely belonged to Gulden. It's a welcome shift to see Nike finally riding a trend — rather than missing it, as it did with retro low-rise shoes. But Hill is far from the finish line. The delay in launching NikeSkims — the collaboration between the sportswear giant and Kim Kardashian 's shapewear company — looks like an own goal, especially given the hype around the tie-up. Of course, Hill wants to make such an important debut, right? However, the long gap between the February announcement and the product release seems unfortunate. It gives rivals like Lululemon Athletica Inc. time to spruce up their collections. The CEO also faces the challenge of Donald Trump 's tariffs. While no company is immune from the levies, they are especially unhelpful to retailers amid revival plans, such as Nike, Target Corp. and Gap Inc. Nike said it faced a cost — before any measures to mitigate the impact of tariffs — of about $1 billion. However, it aims to work with its suppliers and retail partners to offset some of the expense and will implement 'surgical' price increases beginning this fall. The last time sneaker makers encountered such a significant external challenge was four years ago, when Covid-19 lockdowns in Vietnam disrupted supply chains. At the time, Nike didn't struggle with demand — consumers were still clamoring for its sneakers. Today, however, it faces fierce competition not only from a resurgent Adidas but also from rising challengers like On Holding AG and Deckers Outdoor Corp.'s Hoka, which gained ground while Donahoe pursued his ill-fated strategy of selling directly through Nike's own stores and websites. As in the luxury sector, brands that remain highly desirable to consumers will be the ones able to raise prices. Through to Thursday's close, Nike shares are down about 34% over the past year, and about 23% since Hill's appointment in September. They trade at about 2 times the next 12 months' sales, compared with Adidas's 1.5 times. That premium will look too lofty until Hill can turn trying into victory. The views expressed are those of the author and do not necessarily reflect those of the publication or its affiliates. Andrea Felsted is a Bloomberg Opinion columnist covering consumer goods and the retail industry. Previously, she was a reporter for the Financial Times. with Reuters ($1 = £0.73)

Nike's turnaround strategy faces stiff headwinds from tariffs and rivals
Nike's turnaround strategy faces stiff headwinds from tariffs and rivals

Fashion Network

time5 days ago

  • Business
  • Fashion Network

Nike's turnaround strategy faces stiff headwinds from tariffs and rivals

Nike is making progress in clearing out stocks of out-of-fashion sneakers, particularly the Air Force 1. The company believes it will have worked through the backlog by the end of the first half of this fiscal year. Not having to discount so heavily should boost profitability. Nike expects its gross margin — the difference between the price at which it buys and sells goods — to be down by 3.5 to 4.25 percentage points, including a 1 percentage point hit from tariffs, in the first quarter, compared with a 4.4 percentage point decline in the final three months. The company also looks to be ending its new product drought. The Vomero 18 shoe has generated more than $100 million in sales since its launch at the end of February. Meanwhile, the frenzy around the new hybrid loafer and sneaker, the Air Max Phenomena, has driven resale prices beyond $500 — even before its official release. That looks like a blast from Nike's past, when new models had sneakerheads salivating. Also evoking the kind of innovation that has been so sorely lacking is the Cryoshot, which reinterprets classic football boots for everyday dressing. It builds on the #bootsonlysummer TikTok trend of wearing soccer cleats in the street. For the past two and a half years, such foresight has largely belonged to Gulden. It's a welcome shift to see Nike finally riding a trend — rather than missing it, as it did with retro low-rise shoes. But Hill is far from the finish line. The delay in launching NikeSkims — the collaboration between the sportswear giant and Kim Kardashian 's shapewear company — looks like an own goal, especially given the hype around the tie-up. Of course, Hill wants to make such an important debut, right? However, the long gap between the February announcement and the product release seems unfortunate. It gives rivals like Lululemon Athletica Inc. time to spruce up their collections. The CEO also faces the challenge of Donald Trump 's tariffs. While no company is immune from the levies, they are especially unhelpful to retailers amid revival plans, such as Nike, Target Corp. and Gap Inc. Nike said it faced a cost — before any measures to mitigate the impact of tariffs — of about $1 billion. However, it aims to work with its suppliers and retail partners to offset some of the expense and will implement 'surgical' price increases beginning this fall. The last time sneaker makers encountered such a significant external challenge was four years ago, when Covid-19 lockdowns in Vietnam disrupted supply chains. At the time, Nike didn't struggle with demand — consumers were still clamoring for its sneakers. Today, however, it faces fierce competition not only from a resurgent Adidas but also from rising challengers like On Holding AG and Deckers Outdoor Corp.'s Hoka, which gained ground while Donahoe pursued his ill-fated strategy of selling directly through Nike's own stores and websites. As in the luxury sector, brands that remain highly desirable to consumers will be the ones able to raise prices. Through to Thursday's close, Nike shares are down about 34% over the past year, and about 23% since Hill's appointment in September. They trade at about 2 times the next 12 months' sales, compared with Adidas's 1.5 times. That premium will look too lofty until Hill can turn trying into victory. The views expressed are those of the author and do not necessarily reflect those of the publication or its affiliates. Andrea Felsted is a Bloomberg Opinion columnist covering consumer goods and the retail industry. Previously, she was a reporter for the Financial Times.

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