FDRA President Matt Priest seeks to dialogue with the Trump administration to address tariffs on footwear goods, aiming to reduce household expenses and protect over 300,000 jobs in all 50 US states
US footwear prices experienced little change in September, according to the FDRA. However, an overall rise is projected by the end of 2024, marking the fourth consecutive year of annual price increases
FDRA launches new tool to help footwear brands map their entire supply chain, from raw materials to final assembly, ensuring compliance with new regulations on sustainability and forced labour
US footwear price increases decelerated in May, in line with overall consumer retail prices, according to the latest data from the FDRA. In general, however, they are still rising
Matt Priest, president and CEO of the Footwear Distributors & Retailers of America (FDRA), called on the Biden administration to eliminate tariffs on footwear in order to address rising shoe prices
In response to the recent attacks in the Red Sea, more than 100 trade associations are calling on countries to join, support or align with the mission of Operation Prosperity Guardian, an initiative that stands for maritime safety
While overall consumer prices remained stable, as compared to the previous month, retail shoe prices in October rose by 1.1% year-over-year, the sharpest increase in eleven months
Data from the Footwear Distributors and Retailers of America (FDRA) for the month of August shows that footwear prices continue to drop despite accelerating inflation
The three entities have joined forces to provide manufacturing and development training to aspiring footwear designers and educators through the Footwear Creators Scholarship programme
While high inflation remains a concern for the country's economy, data from the FDRA continues to suggest that the increase in footwear prices is somewhat moderating
Despite rising inflation, data from the Footwear Distributors and Retailers of America (FDRA) suggests that footwear prices are showing some signs of moderating, though slowly
According to the Footwear Distributors & Retailers of America (FDRA), the footwear industry is pulling back on hiring and investment due to a major forecast of weaker sales for the next six months
The Footwear Distributors & Retailers of America has announced the launch of the initiative Footwear Trade Show Council to foster collaborative and aligned practices within the industry
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
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