Vicki Young

1 week ago | sourcingjournal.com | Vicki Young

Nike Inc.’s turnaround might take a bit longer than originally thought. Needham & Co. analyst Tom Nikic is a long-term bull of Nike following changes in the company’s leadership and strategy. He remains confident the moves will reverse Nike’s “flagging” bottom line. But he also said in a note that challenges remain over the near-term.

1 week ago | sourcingjournal.com | Vicki Young

Kudos to footwear firms that brought goods in early. That decision to get ahead of tariff increases could provide a small buffer from any immediate fuel surcharges from shippers and freight carriers, as well as keep some shoe prices at current levels for consumers. Crude oil prices are already on the rise amid the backdrop of the ongoing Israel-Iran conflict. And they could go higher before a resolution is found to end the fighting.

2 weeks ago | sourcingjournal.com | Vicki Young

In another twist and turn in President Donald Trump’s trade war, the U.S. and China have revealed the framework for a new deal that would see much lower-than-expected tariffs—if it comes to fruition. So where do footwear firms go from here? The truce would see the tariff rate on China imports to the U.S. set at 55 percent. Negotiators have until Aug. 10 to fine-tune the deal’s terms.

1 month ago | sourcingjournal.com | Vicki Young

The Footwear Distributors and Retailers of America (FDRA) is hoping it can secure some reset in trade policy for the footwear sector. In recent months, President Donald Trump has disclosed the implementation of reciprocal tariffs, and then walked back on the higher duties by putting them on hold for an average of 90 days.

1 month ago | sourcingjournal.com | Vicki Young

Shein and Temu fashionistas have found new options to get their apparel and footwear fix—thanks to higher prices slapped on the fast-fashion sites due to the skyrocketing tariff rates. According to transactional data from Consumer Edge US, some Shein and Temu shoppers have transitioned to department store and specialty retailers such as Bloomingdale’s, Kohl’s, Nordstrom Rack and Aéropostale, as well as Gap’s Old Navy and even Urban Outfitter’s apparel rental service Nuuly.