Fanny packs have been dominating the design world with both fast fashion brands and high-end designers releasing iterations, but consumers will no longer have to choose between the two following the release of Nike's affordable fanny pack.
The waist bags arrive in five unique colorways that range from a minimalist black to an elegant coral and retail at just $20. The nylon bags feature a smaller zipper pocket located inside of the larger pocket, making it perfect for holding essentials like wallets and keys, while also organizing smaller items, like loose change or jewelry.
Perfect for the athletic consumer, or the consumer on-the-go, Nike's affordable fanny pack is sure to serve as a practical and stylish addition to one's wardrobe.
Affordable Logo Fanny Packs
Nike's Affordable Fanny Pack Retails for Just $20
Trend Themes
1. Affordable Logo Fanny Packs - The trend of affordable logo fanny packs offers an opportunity for brands to tap into the growing popularity of this functional fashion accessory.
2. Fast Fashion Fanny Packs - The dominance of fast fashion brands in the fanny pack market creates opportunities for disruptive innovation in terms of sustainable materials and manufacturing processes.
3. Athletic Fanny Packs - The rise of athletic fanny packs presents an opportunity for brands to innovate with features like integrated hydration systems or built-in technology for fitness tracking.
Industry Implications
1. Fashion Retail - The fashion retail industry can capitalize on the trend of affordable logo fanny packs by offering a wide range of options that cater to different price points and styles.
2. Sports Apparel - Sports apparel brands have a chance to capitalize on the trend of athletic fanny packs by designing products that seamlessly integrate with their existing lines of activewear.
3. Travel Accessories - The travel accessories industry can tap into the popularity of fanny packs by incorporating innovative features like hidden compartments or anti-theft technology.