Even with higher price points, consumers may still be willing to pay the increase for shoes they deem a must-have item. Iakov Filimonov (JackF)/Getty Images U.S. President Donald Trump’s tariff increases instilled anxiety over shoe price hikes, at least for the better part of 2025, but it might be 2026 when most of those concerns […]
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. […]
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 […]