Teens Spend More on Nike, Vans & Adidas Than Any Other Shoe Brands, Says Study

Teenagers are spending more money this spring than they did a year ago — and a good amount of that budget is being put toward clothing and shoes, particularly streetwear and ’90s fashion, according to a recent study by Piper Jaffray. The firm published its twice-annual Taking Stock with Teens Report, analyzing 6,000 responses from Gen Z participants whose average age was 16 years, and found that spending was up 6 percent from the past fall and up 2 percent from a year ago. It added that...

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