A look inside the new Crocs Icon store at 543 Broadway in SoHo. Brian T. Silak Some consumers have become super cautious, but that’s not stopping Crocs Inc. CEO from taking some bold steps to ensure sustainable growth on a going-forward basis. “As we have consistently said, we are not trying to manage our […]
Cambodia has become a key player in the production of footwear. andreonegin/Getty images U.S. President Donald Trump is pushing for trade deals with Cambodia and Thailand, and he’s using their border conflict to effect peace talks. Thailand and Cambodia on Monday said they agreed to an “immediate and unconditional ceasefire” to halt their border […]
A father and son shopping for shoes. Milos Antic/chabybucko via Getty Images Shoe prices were lower again in June as overall inflation climbed last month, according to the latest data from the Footwear Distributors and Retailers of America (FDRA). In June, retail footwear prices dipped 0.6 percent, the smallest decline in the last four months, […]
A shoe factory in Bogor, West Java, Indonesia, in April 2025. Adriana Adie/Nur Photo via Getty Images 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 revealed the move Tuesday morning on his Truth […]
Secretary of State Marco Rubio, U.S. President Donald Trump, Defense Secretary Pete Hegseth, and Central Intelligence Agency Director John Ratcliffe, attend a dinner with Israeli Prime Minister Benjamin Netanyahu in the Blue Room of the White House on July 7, 2025, in Washington, DC. Andrew Harnik/Getty Images The U.S. and India are still hoping to […]
Peter Charlesworth/Getty images 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 that the U.S. had in place the parameters for a new bilateral trade deal with Vietnam for a 20 percent tariff on […]
A worker on a production line of rubber rain boots at Guanhong Plastic Industry Co. Ltd, in Jieshou, China, on Sept. 27, 2024. Costfoto/NurPhoto via Getty Images The threat of higher tariffs may have provided footwear firms with an unintended benefit as they took charge of rethinking their supply chains. That’s because U.S. President Donald […]
Crocs shoes on display inside a Crocs store in Milpitas, Calif., on May 7, 2024. While Crocs Inc. CEO Andrew Rees sees pricing as a potential lever to mitigate against tariff impacts, he said Vietnam remains a big concern. “Depending on the level of incremental costs that may come from tariffs and other factors, we […]
The Merrell SpeedARC Surge Boa sneaker. Wolverine Worldwide is not waiting around for President Trump to resolve his ongoing trade war with China. In the company’s first quarter 2025 earnings call on Thursday, president and chief executive officer of Wolverine Worldwide Chris Hufnagel told analysts that he is “optimistic” amid the ongoing tariff dispute since […]
A Columbia Sportswear store. Budrul Chukrut/SOPA Images via Getty Images Columbia Sportswear has a 2025 game plan in place against the backdrop of tariff increases, but 2026 is the big question mark. “Our industry has never faced a period where the rules and regulations around trade with the United States are simply unknown and unknowable,” […]