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tag: FDRA

download (5).jpg 17 February 2023

U.S. footwear industry sales are expected to stabilize over the next three years following years of pandemic-fueled volatility

The NPD Group said Thursday. According to the market research company’s latest “Future of Footwear” forecast, sales revenue will grow slightly, at a rate of 1% through 2025, with unit sales beginning to improve in 2024. Consumers will look to maximize versatility with their upcoming footwear purchases, as shoes good for “casual everyday use” will top the reasons for purchase in the first half of 2023, the forecast noted. [NPD: 2023 Will Be a 'Reset' Year for Footwear Industry + Sales Volatility to Level Out in Next Few Years- FN]

 

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FF-WIR-NEWSLETTER-400x264-1.jpg 12 January 2023

US National Retail Federation (NRF): “Balance Between Inflation And Interest Rates Key To Avoiding Recession”

It’s too soon to say whether the Federal Reserve’s efforts to reduce inflation will lead to a recession; however, continuing interest rate hikes increase the likeliness, according to the National Retail Federation’s (NRF) Chief Economist Jack Kleinhenz in the January Issue of the NRF’s Monthly Economic Review. [NRF Economist Sees Balance Between Inflation And Interest Rates Key To Avoiding Recession – FDRA]

 

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download.png 26 November 2022

FDRA Report: Shoe Industry Has Made Some Progress in Sustainability, But More Work Is Needed

At over 95% of the entire industry, the Footwear Distributors and Retailers of America (FDRA) is the largest and most respected footwear trade association in the U.S. It represents and serves the entire footwear industry from small family owned footwear businesses to global footwear companies, as well as domestic manufacturers, importers, and retailers. FDRA 2022 Shoe Sustainability Benchmark & Progress Report

 

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download (2).jpg 07 September 2022

FDRA (Footwear Distributors and Retailers of America) expectations for the reduction of tariffs on Chinese products are not fulfilled

US. companies have paid more than $150 billion in Trump tariffs on China-made goods since the Section 301duties first went into effect four years ago, according to trade statistics from U.S. Customs and Border Protection (CBP). What the Biden administration will do about duties is up for debate. [America’s Paying $140-Million-a-Day Tariff Bill – SJ]

 

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download (2).jpg 07 September 2022

FDRA (Footwear Distributors and Retailers of America) expectations for the reduction of tariffs on Chinese products are not fulfilled

US. companies have paid more than $150 billion in Trump tariffs on China-made goods since the Section 301duties first went into effect four years ago, according to trade statistics from U.S. Customs and Border Protection (CBP). What the Biden administration will do about duties is up for debate. [America’s Paying $140-Million-a-Day Tariff Bill – SJ]

 

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fdra-media-showcase-400.png 13 May 2022

Inflation: in April in the US footwear prices +4.7%

Footwear +4.7% in April compared to last year, according to information from  FDRA, also  reported by FN. Men's footwear increased by +2.5%, women's +6.4% and childhood +5.0%. Footwear prices have increased by 6.1% year-to-date compared to the first four months of 2021. The tariffs have greatly contributed to the rise in shoe prices, and the FDRA believes footwear will increase at the fastest pace in decades.

 

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