.<\/span><\/p>\nThe Saudi Arabian sneaker scene has been recently enriched with the opening of LOFT, the Sneak Me Festival and PresentedBy boutiques.<\/span><\/p>\nAccording to Statista, revenue in the sneakers segment in Saudi Arabia amounts to C$0.66billion in 2023. The market is expected to grow at a compound annual growth rate of 5.20 per cent till 2027.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"US-based sneaker brand Urban Necessities is consolidating its footpring in the Middle East with a new store to launch in Boulevard Riyadh City on January 9<\/p>\n","protected":false},"author":40,"featured_media":20317,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[4484,1],"tags":[4577,4576],"_links":{"self":[{"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/posts\/20315"}],"collection":[{"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/comments?post=20315"}],"version-history":[{"count":2,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/posts\/20315\/revisions"}],"predecessor-version":[{"id":20319,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/posts\/20315\/revisions\/20319"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/media\/20317"}],"wp:attachment":[{"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/media?parent=20315"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/categories?post=20315"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.meretailnews.com\/wp-json\/wp\/v2\/tags?post=20315"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}