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Stock impact report

Are Shoe Prices Really Rising? One Analyst Found Brands Are Still Absorbing Most of the Costs [Yahoo! Finance]

Crocs, Inc. (CROX) 
Last crocs, inc. earnings: 4/23 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.crocs.com/investor-overview
Company Research Source: Yahoo! Finance
Higher tariffs imposed on China were expected following Trump's re-election for a second term as that was a key talking point during his campaign. But what shook fear around the world was his disclosure in April to impose global reciprocal tariffs , a move that posed a huge problem for shoe brands who produce in China and Vietnam. China remains a key producer of footwear, particularly for shoes considered in the lower-tier or value distribution channel. Many brands diversified production outside of China during Trump's first term when in 2019 he imposed high duty rates on China exports, moving over to Vietnam for manufacturing and making it the athletic performance production hub. More from WWD New Balance and Cooper Flagg to Debut Hesi Low v2 Sneaker for His First NBA Game Analyst: Academy Sports is a 'Cash Flow' Machine, Key Nike Partner Women Earning Over $150K Per Year Could Be Deckers' Secret Weapon Footwear brands on earnings conference calls earlier this year said th Show less Read more
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