Classic brand becoming a status symbol in Trump's White House [FOX Business Network]
Weyco Group, Inc. (WEYS)
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Source: FOX Business Network
President Donald Trump has reportedly been gifting Florsheim dress shoes to top administration officials, turning the 134-year-old brand into an unexpected status symbol inside the White House. Trump has surprised some Cabinet members, White House advisors and members of Congress with the shoes – sometimes even guessing their sizes and instructing staff to place the orders. The president personally pays for the footwear, The Wall Street Journal reported At Cabinet meetings, Trump has reportedly even asked recipients, "Did you get the shoes?" Vice President JD Vance, Secretary of State Marco Rubio, Transportation Secretary Sean Duffy , War Secretary Pete Hegseth and Commerce Secretary Howard Lutnick are among those who have received pairs, according to the Journal. "All the boys have them," one White House official said. Trump recently began looking for footwear for long workdays and chose Florsheim, whose shoes typically sell for about $145. Some officials now wear the sh
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News
- A Shoe-Company Stock Is Snagging Headlines. Thank Tariffs—and President Trump [Yahoo! Finance]Yahoo! Finance
- Trump's New Favorite Shoes + More Presidential Footwear [Yahoo! Finance]Yahoo! Finance
- Trump loves Wisconsin's Florsheim shoes. Company sues for refund of tariffs. [USA TODAY]USA TODAY
- The company behind one of Trump's oft-worn shoe brands is suing his administration over tariffs [Business Insider]Business Insider
- Weyco's Q4 Earnings Slid Y/Y as Tariffs and Soft Demand Weigh [Yahoo! Finance]Yahoo! Finance
WEYS
Sec Filings
- 3/13/26 - Form 10-K
- 3/3/26 - Form 8-K
- 1/5/26 - Form 8-K
- WEYS's page on the SEC website