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Footwear Market Shifts: Affordable Shoes Dominate, Luxury Declines

1/3/2026

42 6 Full Breakdown

Summary

Story summary

In 2026, the footwear market shows a shift toward lower-priced products, with shoes under $250 representing 42% of the market, per Joor’s 2025 Global Footwear Analysis.
The luxury segment priced at $500–$1,000 has sharply declined.
Andrew Wright is the new Chief Executive Officer of Malone Soulier.
Malone Soulier is expanding accessible flats and made-to-order and bridal lines to meet growing demand for personalized products.

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Story summary

In 2026, the footwear market shows a shift toward lower-priced products, with shoes under $250 representing 42% of the market, per Joor’s 2025 Global Footwear Analysis.
The luxury segment priced at $500–$1,000 has sharply declined.
Andrew Wright is the new Chief Executive Officer of Malone Soulier.
Malone Soulier is expanding accessible flats and made-to-order and bridal lines to meet growing demand for personalized products.