{"id":234139,"date":"2023-06-02T11:28:43","date_gmt":"2023-06-02T10:28:43","guid":{"rendered":"https:\/\/www.theindustry.fashion\/?p=234139"},"modified":"2023-06-02T17:02:11","modified_gmt":"2023-06-02T16:02:11","slug":"ms-welcomes-skechers-crocs-and-toms-to-its-growing-third-party-offering","status":"publish","type":"post","link":"https:\/\/www.theindustry.fashion\/ms-welcomes-skechers-crocs-and-toms-to-its-growing-third-party-offering\/","title":{"rendered":"M&S welcomes Skechers, Crocs and Toms to its growing third-party offering"},"content":{"rendered":"

Highstreet retailer\u00a0Marks & Spencer<\/span><\/a>\u00a0rivals omnichannel retailers with the introduction of global footwear brands Skechers<\/span><\/a>, Crocs<\/span> <\/a>and TOMS<\/span><\/a> to its \u2018Brands at M&S\u2019 online initiative.<\/strong><\/p>\n

The popular US footwear brands join M&S as they all report double-digit revenue growth. For example, Skechers have risen up the ranks and are now the third-largest footwear brand in the UK (behind Nike and Adidas). Meanwhile, Crocs have officially claimed a comeback post-pandemic.<\/p>\n

This comes as the British retailer is on a mission to enlist third-party brands in an attempt to lure shoppers from competitors NEXT and John Lewis<\/a><\/span>. In March, it revealed plans to increase the number of third-party brands it sells from 60 to 100, aiming to drastically drive sales.<\/p>\n

According to Statista, the footwear market is worth over \u00a314 million in the UK and is projected to grow annually by 3.92% between 2023 and 2027. Therefore, as M&S<\/a> continues to reposition as a leading omnichannel retailer, it has identified footwear as a key opportunity for growth.<\/p>\n

M&S is filling the gaps in its footwear offering with the help of the new third-party brands, which offer a range of trainers, espadrilles, everyday sandals, and flip-flops for all ages.<\/p>\n\n\t\t