#418 Running Shoe Retail 2024: Key Shifts and Outlook

Join us as fellow N.C. State Wolfpackers Matt Priest and Gary Raines unpack the latest shoe pricing data and current footwear costing trends. Together, they dissect recent CPI numbers and margin expectations for men's, women's, and children's footwear. There's more to these numbers than meets the eye! With special guest: Gary Raines, Chief Economist, FDRA Hosted by: Matt Priest

Scott Willman, the founder, CEO, and creative director of Freshy, stopped by Shoe-In this week to bring his creativity and California vibes to Matt and Sandi. With a background in architecture and design, Scott is creating a unique, vibrant, and positive shoe brand for the masses. If you want to learn more about what makes Freshy so unique, and shall we say, fresh, make sure you take a listen. With special guest: Scott Willman, Founder, CEO, and Creative Director, Freshy Hosted by: Matt Priest and Sandi Mines

Want to know how to thrive in the 'Artificial Age'? In this episode of Shoe-In, co-hosts reflect on the highlights from the 2024 Shoe Executive Summit, from key takeaways to what we heard from the more than 100 CEOs and Presidents in the room. Hosted by: Team FDRA

In this dynamic episode of Shoe-In, Matt and Andy welcome Jon Paul Trudeau, the Vice President of Product Operations at Wolverine Worldwide. Checking in from Hong Kong, JP discusses his journey from rock star drummer to footwear design and development pro, and the importance of focusing on product and innovation. The guys also dive into topics such as the future of sourcing in Asia, the shift away from China, the need for automation in new factories, and the exciting innovations driving material technology. With several decades of shoe experience in Asia, JP brings the knowledge without the noise. With special guest: Jon Paul Trudeau, Vice President of Product Operations, Wolverine Worldwide Hosted by: Matt Priest and Andy Polk

This is a fun episode featuring Matt Nakari, Sales Director at Centric Software, a shoe dog helping companies better manage their data to help them improve operations and decisions. Matt shares how the company is making data collection easy while focusing on sustainability and speed in the footwear industry. We discuss the importance of breaking down departmental silos, the potential of AI in footwear, and the universal challenges faced across different industries while developing a product. Tune into this episode packed with informed perspectives and engaging discussions. With special guest: Matt Nakari, Sales Director at Centric Software Hosted by: Matt Priest and Andy Polk

In this episode of Shoe-In, Matt shares fresh insights from his recent visit to Vietnam, discussing the changing manufacturing and business landscape. Hear about his experiences at Wolverine Worldwide's Supplier Summit, and uncover insights from his visit to innovative supplier, Ortholite. Discover the rising concerns of factories amidst shifting American consumer behaviors and explore the future of innovative and sustainable operations in the industry. This episode is a goldmine for anyone keen on understanding global sourcing dynamics. Hosted by: Matt Priest and Andy Polk

Industry vet, Chris Hillyer joins the show to discuss the current state of footwear innovation, sharing insights into what's really moving the dial for brands. We cover innovative approaches to challenges, the future of footwear manufacturing, the dynamics of market changes, and new tools being used to transform brands. We also touch on AI's actually uses for footwear. A show not to be missed! With special guest: Chris Hillyer, Footwear Innovation Consultant Hosted by: Andy Polk

Michael McCauley, owner and operator at Fleet Feet, joins to share key insights into his running shoe store in Augusta, Georgia. We chat about the running brands best connecting consumers, the changing operations of their retail store, which includes extensive training for new employees, and lengthy customer service processes to find the perfect footwear and build a consumer profile. McCauley also shared insights on running retails evolution, noting how their customer base has shifted from 80% runners to 80% comfort and medical referrals. With special guest: Mike McCauley, Owner, Fleet Feet Augusta Hosted by: Andy Polk

Discover how the shoe industry is shifting and adapting in the light of changing economic trends and consumer behaviors in this episode. Special guest John Heron, President of the Born Brands Group at Berkshire Hathaway, shares his journey across the footwear sector, including his time at FFANY and Designer Brands. Gain unique insights into the significance of FFANY's New York market week, the shift towards women-led companies, and the evolution of consumers' tastes and preferences. With special guest: John Heron, President, Born Brands Group Hosted by: Andy Polk

Jon Weber and Laura Brookhiser, from L.E.K. Consulting, join the show to share insights from their 2024 'Heat Index' report. The report explores what brands consumers desire the most by category and why. We discuss not only who's hot but why, and how companies can take key learnings from this report to build stronger brand loyalty. With special guests: Jon Weber, Managing Director at L.E.K. Consulting and Laura Brookhiser, Managing Director at L.E.K. Consulting Hosted by: Andy Polk