Tariff Headwinds Are Getting Real for Shoe Firms

Despite the talk about the parameters for trade deals, firms largely remain in the dark as they scramble to adjust sourcing strategies amid an evolving tariff landscape. Second-quarter results for…

Less Uncertainty Could Be Good Step for Shoe FIrms

The devil is always in the details. Still, the parameters for the new U.S.-European Union trade deal might just provide the glimmer of hope for firms as they try to…

US Reaches Trade Truce With EU, May Extend China Tariff Pause

Protracted negotiations with the European Commission have come to an end, with Washington reaching a trade truce with the European Union on Sunday. The 27-member trade bloc will face 15…

Indonesia Shoe Imports to US Face 19 Percent Tariff Rate

U.S. President Donald Trump‘s increase in trade pressures has resulted in a new deal with Indonesia, the first since he sent out the flurry of tariff letters last week. Trump…

Claire’s Could Sell Itself Via Bankruptcy Amid Tariff, Debt Struggles

A high debt load and added costs from higher tariffs is pushing the U.S. operations of tween retailer Claire’s to the brink. The accessories firm — which sells an assortment…

India Tariff Deal Could Help Spur More U.S. Footwear Exports

The U.S. and India are still hoping to get an agreement on terms for a trade deal. So far, so good — maybe. U.S. President Donald Trump said Monday night…

Trump Releases Flurry of Tariff Announcements for Bangladesh, Cambodia and More

After setting a new Aug. 1 deadline for ongoing trade negotiations over the weekend, U.S. President Donald Trump began informing America’s trading partners about their new duty rates under his…

US-Vietnam Trade Deal Provides Hints On SE Asia Tariff Rates

For all of U.S. President Donald Trump’s bilateral trade deals, the only guarantee so far is that the devil is in the details. On Wednesday, Trump disclosed on Truth Social…

US-Vietnam Trade Deal For 20 Percent Tariff Has Unanswered Questions

The only certainty for the industry is that price inflation for shoes is still on the horizon, even with a new trade deal supposedly unfolding between the U.S. and Vietnam.…

Tariff Fears Saw Shoe Firms to Leave China, But Did They Act Too Fast?

Getting out of China was probably the right move for firms against the specter of a 145 percent tariff rate, but the added costs will mean lower full-year profits. Most…