An $850 million acquisition of online retailer Zappos.com by Amazon. The Sex and the City sequel where extras are clamouring for Carrie Bradshaw's shoes. Children's footwear posting an 11.8% dollar volume in sales increase. While the retail industry in almost all areas is experiencing one of the worst economic downturns in recent history, the shoe industry in the last three months has proven to be a bright light at the end of a very dark, damp, dismal, depressing tunnel.
“When the product is right and offers multiple reasons for wear, the purchases will come,” according to Marshal Cohen, chief industry analyst for The NPD Group in an interview done by just-style.com.
“Consumers are showing they want footwear and are willing to show their passion on their feet rather than on their backs.”
Cohen's sentiments could not be more true considering what I saw Mercedes- Benz fashion week. While the most of the collections had buyers barely raising an eyebrow, the shoes on the runway caught everyone's attention. here are some of my favorites:
Check out these Giuseppe Zanotti for Balmain animal print boots. Yes they are priced at over $1,000 but guess what? People are buying them like crazy. Why? Because this country's mantra when it comes to spending is "where there's a will, there's a way." We'll discuss that later.
Another Giuseppe Zanotti for Balmain boot. Awesome right?
These are my FAVORITE.
Again, another crazy pair of shoes from Giuseppe Zanotti. What would you wear these with?
I think Rhianna was eyeing these...
While it's not really my thing to a) spend upwards of $300 on a pair of shoes and b) purchase anything at full retail price, these shoes were worth talking about because they are metallic. I have several pairs of metallic shoes and they are the best accessories in my closet!