The Athlete’s Foot reports growth in 2023
The speciality footwear and lifestyle retailer has achieved 593 million US dollars in sales in 2023, an increase of 7% as compared to the previous year, amid a challenging retail landscape
According to the company, a key driver of this performance was the global rollout of its innovative “Neighborhood” store concept, which offers localised assortments and impactful philanthropic programmes while reinforcing its commitment to diversity, empowerment and sustainability. Athlete’s Foot also highlighted its community-focused marketing strategies and collaborations with over 60 non-profit organisations, including the initiatives Back to School Kicks Chicago, GALA for Atlanta Public Schools and Project Fearless and Hope Runners in the EMEA region.
“I am proud to share that TAF's remarkable 7% sales growth to 593 million US dollars is a testament in executing to our strategic vision and unwavering commitment to our community-centric practices. This achievement underscores our global influence and steadfast dedication to fostering meaningful consumer connections. TAF’s unparalleled ability to engage with consumers, cultivate active customer relationships, and deeply integrate with local communities sets us apart, consistently driving impactful transformations for all stakeholders involved”, commented Param Singh, Chairman of Arklyz Group, the parent company of Athlete’s Foot.
For 2024, The Athlete’s Foot aims to continue to expand globally and to continue to foster greater social engagement.
Image Credits: theathletesfoot.com/news