China
What’s next for footwear businesses in a volatile global trade landscape?
We have looked at the prospects for footwear companies in light of the recent US tariffs announcements, highlighting some concerns from both a manufacturing and retail perspective
China hits back with 125% tariffs on US goods
China has retaliated against Donald Trump’s latest round on tariffs by raising duties on all US goods to 125% and dismissing the administration’s actions as a “joke”
Trump suspends tariff hikes for 90 days, but escalates trade war with China
On Wednesday, US President Donald Trump announced a 90-day pause on all “reciprocal” tariffs, with the exception of China. Tariffs on Chinese goods will rise to 125%
China retaliates with an additional 50% as the US raises tariffs on Chinese goods to 104%
The trade war between China and the US has escalated after Donald Trump’s move to impose 104% tariffs on Chinese goods. Beijing has retaliated with an additional 50%, bringing the total tariff to 84%
US-China tensions escalate over tariff hikes
Donald Trump has threatened China with an additional 50% tariff on goods imported into the US unless the Asian country withdraws its 34% counter-tariff
Global footwear trade in 2024: China exports slow, US and Germany rebound in imports
China remained the top footwear exporter in 2024, with exports increasing in volume but decreasing in value. Meanwhile, Vietnam and Indonesia consolidated their positions with double-digit export growth. On the import side, the US and Germany reversed their import declines in 2023, which suggests a resurgence in global demand
Strong full year performance for 361 Degrees
The China-based activewear company has reported a strong performance for the full year 2024, with revenue and profits up by 19.6% and 19.5% respectively on the previous year
Shein seeks to reassure investors amid US policy changes
The China-based fast fashion giant has reported that it is experiencing strong growth. The reassurance came after US President Donald Trump first announced the end of the minimis rule
Call for Papers for the UITIC 2025 World Congress announced
The International Union of Shoe Industry Technicians (UITIC) has announced the Call for Papers for its 22nd World Congress, to be held in Shanghai from the 31st of August to the 3rd of September 2025
2024 will not significantly change the landscape of the world’s top footwear exporters
We have looked back at the data available so far on the performance of some of the world’s top footwear exporters in 2024. Unsurprisingly, Asian countries continue to dominate, but China has slowed. In Europe, we highlight the performance of Spain with consistent growth in value and volume of exports
US footwear industry voices concern over new tariffs from Trump administration
President Trump signed executive orders on Saturday to impose broad tariffs on products, including footwear, from the nation’s three largest trading partners, Canada, Mexico and China
361 Degrees reports e-commerce sales up by 30-35% in the fourth quarter
The China-based activewear company has reported strong fourth quarter figures in its latest trading update. E-commerce sales stand out with 30-35% year-on-year growth
Sergio Dulio: all UITIC gatherings are unforgettable, but the next congress will set new standards
We spoke to Sergio Dulio, President of the International Union of Shoe Industry Technicians (UITIC), to learn more about the next UITIC Congress in late August and early September 2025 in Shanghai, China. During our interview, Dulio delves into the significance of the event, its theme and what attendees can look forward to
Third quarter update from 361 Degrees
The Chinese-based activewear company has released a third quarter operational update for the third quarter of the year, reporting consistent growth during the period
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