Tag: Footwear

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...

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...

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...

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...

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...

Cambodian Apparel Exports Decline Amid EU Trade Changes

In 2020, Cambodia's garment and footwear industry faced significant challenges due to the European Union's partial withdrawal of the Everything But Arms (EBA) trade...

Dutch Retail Sales Surge in March 2025, Clothing Up 3.8%

In March 2025,ย Dutch retail sales surge, with clothing sales growing by 3.8% year-over-year, supported by strong consumer demand. Shops specializing in shoes and leather...

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