Tag: Footwear
Apparel
NRF: Tariffs Impact Global Apparel and Trade Volumes Decline
In March 2025, U.S. ports monitored by the Global Port Tracker processed 2.15 million Twenty-Foot Equivalent Units (TEU), marking a 5.5% rise from February...
Apparel
AAFA Requests PFAS Exemptions in Textiles and PPE in Canada
The American Apparel & Footwear Association (AAFA) has recently urged Canadian Minister of Environment and Climate Change, Terry Duguid, to incorporate PFAS exemptions in textiles for...
Apparel
US Cuts De Minimis Tariff on Chinese Goods to 54% From 120%
The US government has announced a significant reduction in the de minimis tariff rate on low-value Chinese imports. Effective May 14, the tariff on...
Apparel
NRF & AAFA Welcome US-China Tariff Pause, Seek Stability
Leading US retail and apparel organizations, including the National Retail Federation (NRF) and the American Apparel & Footwear Association (AAFA), have cautiously welcomed the...
News
Crocs Drops 2025 Financial Forecast Plans After Flat Q1
Crocs, a global leader in casual footwear, has announced the withdrawal of its financial outlook for 2025 due to ongoing challenges in the retail...
Apparel
Puma Faces Weak Q1 Sales Amid Challenges in the US and China
German sportswear giant Puma has forecast a modest low single-digit percentage sales growth for the upcoming quarter, marking a decline compared to the previous...
Apparel
3G Capital Buys Skechers at $63/Share, $9B Annual Sales
Skechers U.S.A., Inc., a renowned Fortune 500 company and one of the leading global footwear brands, has announced its agreement to be acquired by...
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