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Shoe brands like Nike and Adidas said that they are "uniquely vulnerable" to the impact of Trump's trade war.
Nike, Adidas and Columbia Sportswear signed the letter dated April 29 asking the Trump for “a more targeted approach” to his tariff plans, “focused on strategic items rather than basic ...
America's largest shoe brands are asking President Donald Trump for a tariff reprieve. "Many companies making affordable footwear for hardworking lower and middle-income families cannot absorb ...
BENGALURU/NEW YORK] Skechers has agreed to be taken private by 3G Capital for US$9.42 billion in the footwear industry’s ...
Vietnam, a global hub for athletic shoe manufacturing, faces some of the highest tariffs, currently set at 46%, though these are temporarily suspended for 90 days as countries negotiate better deals.
STORY: Sportswear brand Puma reported a decline in first-quarter profit margin on Thursday (May 8). And flat first-quarter sales as the company cuts costs in an attempt to turn its performance around.
But even blue-chip stocks can struggle - some are dealing with slowing growth, outdated business models, or increasing competition ... tariffs in a letter signed by makers including Nike, Adidas ...
Adidas previously warned this week that tariffs would lead to higher prices for American consumers. In late March, before the specific reciprocal tariff rates were announced, Nike's finance chief ...
Skechers has agreed to be taken private by 3G Capital for $9.42 billion in the footwear industry's biggest buyout to date, ...