Steve Madden, Wolverine World Wide show fancy supply chain footwork August 2, 2021 The footwear industry faces “continued supply chain disruption across the globe” according to Steve Madden’s CEO, Edward Rosenfeld. While the firm has made “a big move out of China” in recent years, shipments from China still represented 82.6% of U.S. seaborne imports linked to the firm in Q2’... Read more →
Tariff Quote Watch: Steve Madden’s Plans Include Price Hikes, Switching Mainland China to Hong Kong November 1, 2019 Footwear retailer Steve Madden’s strategy for dealing with U.S. tariffs on Chinese exports has already been in place for a year. CEO Edward Rosenfeld has stated the firm’s strategy involves “one, moving production out of China; two, working with our suppliers to get price concessions on the go... Read more →
Shoemakers Face Unpleasant Trip If Tariff Hikes are Delivered May 21, 2019 Over 170 footwear manufacturers ranging from Adidas to Under Armour have warned that the Trump administration’s proposed 25% duties on all Chinese imports could prove “catastrophic for our consumers, our companies, and the American economy as a whole”. Initially prices would be increased, with... Read more →
Adidas and Skecher’s Put a Spring in Imports’ Step May 19, 2017 U.S. imports of shoes and sneakers may be staging a recovery. While imports fell 3% in the first quarter that may reflect the bankruptcy of Payless Shoesource. Shipments actually increased in the month of March. Imports in April rebounded by 14%, suggesting last year’s poor performance has end... Read more →