While Steve Madden brand sales were a standout in the second quarter, Dolce Vita also showed strong growth across wholesale and DTC. Courtesy of Dolce Vita Trend-right product across the portfolio lifted Steve Madden‘s second quarter earnings, and things are looking up for the rest of the year. The company’s chairman and chief executive officer […]
New shoes for back-to-school are expected to cost more this year. Courtesy Image One in three shoe executives see their retail prices for shoes on the store shelves rising as much as five percent this year, according to a 2026 Second Quarter FDRA Shoe Executive Business Outlook Survey. It’s too early to tell if the […]
A look inside a Nike store on Broadway in Manhattan on april 24, 2026. Spencer Platt/Getty Images While Wall Street analysts were surprised by the chief financial officer (CFO) shift at Nike Inc., they also saw it as a natural progression in the company’s ongoing turnaround. Nike on Tuesday named David Denton as its new […]
U.S. Treasury Secretary Scott Bessent Richard Rodriguez/Getty Images Global tariffs for shoe firms are going up by another five percent, and they could happen as early as this week. That was the word from U.S. Treasury Secretary Scott Bessent in an interview Wednesday with CNBC. He also said that U.S. tariff rates are likely to […]
US President Donald Trump speaks during a press conference at the White House on February 20, 2026. Anadolu via Getty Images U.S. President Donald Trump is already planning new tariffs to replace the ones the U.S. Supreme Court struck down on Friday. Friday’s Supreme Court ruling found that Trump overstepped his authority to impose double-digit […]
U.S. President Donald Trump holding up a chart of “reciprocal tariffs” while speaking during a “Make America Wealthy Again” trade announcement in the Rose Garden at the White House on April 2 in Washington, D.C. Chip Somodevilla/Getty Images The U.S. Supreme Court on Friday ruled that U.S. President Donald Trump‘s sweeping tariffs were illegal because […]
U.S. President Donald Trump holding up a chart of “reciprocal tariffs” while speaking during a “Make America Wealthy Again” trade announcement in the Rose Garden at the White House on April 2 in Washington, D.C. Chip Somodevilla/Getty Images With all eyes on the Supreme Court ahead of its potential tariff ruling, the situation remains an […]
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 […]