Data from The Footwear Distributors and Retailers of America shows the government’s tariff policy is the top issue for a majority of shoe executives.
Adidas Will Sell Its Remaining Yeezy Inventory and Give the Profits to CharityThe FDRA’s Q4 2024 Shoe Executive Business Survey showed that a record-high number of executives have cited governmental actions on tariffs as the most prominent issue likely to define business over the next six months.
Despite the concern with regard to tariffs, executives’ outlook for the economy over the next six months improved and was the most positive it has been in 13 quarters. The outlook for strong shoe shoppers also hit the highest level in 13 quarters and more than half of respondents said they expect their company sales to rise over the next six months.
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