(Bloomberg) -- Roman Shoe Repair of New York opened its Wall Street shop on one Friday morning at 7 a.m., like it has every weekday since 1998. Three hours later, it greeted its first client. 

The centuries-old trade is struggling following a shift toward comfort at the office. Wall Street and other firms started loosening dress codes prior to the pandemic, but the trend accelerated after years of people working from home in their slippers and sweats.  Even JPMorgan Chase & Co.’s  Chief Executive Officer Jamie Dimon wears work sneakers (he likes a pair of black Common Projects) and casual attire had made its way to the US Senate. To adapt, some shoeshine shops are offering sneaker-cleaning services. 

“The industry isn’t the same anymore” said Charlie Colletti, owner of Cobbler Express, a third-generation shoeshine and repair shop in Lower Manhattan. “We’ll do some sneaker work, we clean sneakers, you know, try to keep up with the times.” 

Sneaker-cleaning services helped Anthony’s Shoe Repair, near Grand Central Terminal, survive the pandemic. Like shining dress shoes, it’s a specialized service. “Many people do not know how to clean them,” owner Teodoro Morocho said. “You need the right equipment and material to be able to do it well.” 

Search interest for office sneakers increased 181% since January of 2021, and athletic shoemakers are targeting office workers with more casual options that are suitable for the office. Part of Allbirds Inc.’s pitch for its everyday shoe collection is comfort for “logging some hours at your desk,” while Nike Inc. is also suggesting ditching clunky boots or pointy heels for more comfortable footwear. The trend  toward sneakers comes as workers going to the office in the New York metro area has returned to about half of pre-Covid 19 levels.

“If I stay in the hallway and I look at people pass by, from every 10 people that go by eight of them have sneakers on” Colletti said. “It’s changed a lot. Wall Street is not Wall Street anymore, so you’re seeing less people coming in for a shoeshine.” 

Rising costs have also hit shoeshiners. The price of a shine rose to $10 this year from $5 at Anthony’s Shoe Repair as inflation stoked labor costs and materials such as leather and shoe polish in recent years. But they’re still struggling. “It’s not like before, it will never be like before” Morocho said. 

Edisson’s Shoe Repair, 10 blocks north of Anthony’s Shoe Repair, also offers sneaker-cleaning services — but diversifying into sneakers hasn’t been enough for some businesses. Shoeshiners are shuttering locations and cutting staff. Arnold Shoe Repair, located a short two-minute walk from Morocho’s store, permanently closed early this year and Edisson’s Shoe Repair closed three shops after the pandemic. Colletti used to have 16 employees, now it’s him and two others, one part-time.

“We were so busy” Colletti said. “Back in the nineties, I had a contract with the Merrill Lynch,” he said, adding that he “made a lot of money.” 

Some shoeshiners said the craft is at risk of extinction as fewer young people enter the field. “They don’t want to learn this art,” Morocho said. “I imagine in about 20 years, it’s going to be difficult to find people who work, who are interested in doing it.”

--With assistance from Gabriel Sanchez and Hannah Levitt.

©2024 Bloomberg L.P.