"A TPP agreement modernizing the current footwear tariff structure would allow Nike to further reinvest into innovation and maintain our global competitiveness, resulting in more high-paying jobs in the U.S.," Sean O’Hollaren, the company's vice president of government and public affairs, said today in a...
A group of 17 U.S. retailers and clothing makers have agreed to a five-year safety pact aimed at improving conditions at Bangladesh factories that calls for inspecting all factories that supply their garments within a year. As part of the agreement, the U.S. companies including...
Click here for the U.S. Senate Letter to USTR on Footwear & TPP Click here for the U.S. House Letter to USTR on Footwear & TPP Vietnam Footwear Imports - Did You Know American families are paying a hidden outdated tax on shoes, which can add as...
"The increase in spend online comes at the expense of national chains and mass merchants," said Marshal Cohen, chief industry analyst, The NPD Group, Inc. "Value, price, and products that are on sale are less important to the consumers than last year but this is...
Last year, retail sales were bumpy, with consumer confidence low and uneven unemployment gains. Still, shoppers delivered sales gains of 5.9 percent and foot traffic was up 11 percent from 2011. This year, with unemployment lower than it was during last year's back-to-school shopping...
Revenue was a record $587.8 million, up 88.0% versus prior year reported revenue of $312.7 million and within the Company's expectations going into the quarter. The quarter's revenue was up 5.5% versus prior year pro forma revenue. Sperry Top-Sider, Keds, Saucony, and Harley-Davidson...
Despite its near-death experience, Crocs lives on today. It’s now a billion-dollar company with a new spring in its step....
In a plan to be announced on Monday, the companies agreed that they would take responsibility and immediate action wherever serious safety problems are found. They pledged “to insure that sufficient funds are available to pay for renovations and other safety improvements.” ...
Press a button and a pair of shoes that smell like bubble gum emerges, fully formed, from a 3D printer. Sound far-fetched? Tell that to Melissa’s Shoes, a Brazilian footwear company that recently “printed” its first pair of brightly colored, plastic sandals....
Initially, Shanghai will upgrade and expand its existing four bonded areas, where goods can be imported, processed and re-exported without the intervention of customs authorities. Economists said the plan, aimed at eventually creating a "mini-Hong Kong" in the mainland's commercial hub, would benefit Shanghai...