FDRA
Matt Priest: the US footwear industry is resilient and agile
We have spoken to Matt Priest, who is the President & CEO of the Footwear Distributor & Retailers of America, to discuss in detail the achievement of the 100.7 billion US dollars record on consumer demand for shoes in 2021. We have also ventured into the future, going over the main concerns for the US footwear industry, such as rising inflation (7.5% in January), additional duties on Chinese consumers goods, but also the opportunities on the horizon
US shoppers intend to keep buying shoes online into the holidays
According to the latest poll of likely holiday footwear shoppers from FDRA and Emerson College, most of the respondents intend to purchase online. This trend remains stable from last year
US: footwear prices increase significantly
According to the Shoe Price Report issued by the Footwear Distributors and Retailers of America (FDRA), footwear prices are increasing at the fastest rate in over 20 years, with year-to-date prices up by 3.2%
Matt Priest talks about FDRA and FFANY joining forces
This deal, which will place FFANY (Fashion Footwear Association of New York) under the Footwear Distributors & Retailers of America (FDRA) hierarchy, later in the year, follows years of talks about a possible union between the two parties
US associations issue joint statement on reports of forced labour
5 trade associations in the US issued a statement on reports of forced labour in the Xinjiang region of China, reinforcing they won't tolerate forced labour in their supply chains
US-China phase one trade deal announced
As part of the deal, the tariffs on the first 250 billion US dollars in trade will not increase to 30% on Tuesday as planned
Half a billion dollars' loss for American consumers
The words are from Matt Priest, President and CEO footwear association Footwear Distributors and Retailers of America, reacting to the US withdrawal from the TPP signed today
FDRA claims duties on children's footwear have increased 191% since 2005
Based on that the Footwear Distributors and Retailers of America (FDRA) claims that TPP would save 1.5 billion US dollars on duties in a decade-
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