Shoe Demand Expected to Fall as Tariff-Induced Price Hikes Take Hold
The concern in the footwear industry is that if prices are raised to offset the cost of duties, then consumers might choose to pullback on their spending and buy fewer pairs of shoes. Bernd Weißbrod/Getty Images Time’s up for footwear firms trying to front-load shipments ahead of tariff increases to hold costs down for consumers. […]