Trump loves Wisconsin's Florsheim shoes. Company sues for refund of tariffs. [USA TODAY]
Weyco Group, Inc. (WEYS)
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Source: USA TODAY
President Donald Trump is obsessed with Florsheim, owned by Glendale-based Weyco Group Inc., according to the . In recent weeks, the shoes have become Trump's favorite gift for cabinet members, lawmakers and advisers. The president's inner circle has dropped Louis Vuitton for the loafers – which cost around $145 a pair. "Everybody's afraid not to wear them," a White House official told the Wall Street Journal. Florsheim parent company Weyco suing Trump to recover millions in tariffs But even as Florsheim is becoming a status symbol in the Oval Office, Weyco is suing Trump over his tariff policy. Weyco's tariffs lawsuit, filed Dec. 1 with the U.S. Court of International Trade, differs from similar suits filed by other Wisconsin companies by featuring passages targeting Trump. That includes referring to Trump's "unprecedented power grab" by using the International Emergency Economic Powers Act to levy tariffs – which the Supreme Court barred in a Feb. 20 decision. Weyco's
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News
- A Shoe-Company Stock Is Snagging Headlines. Thank Tariffs—and President Trump [Yahoo! Finance]Yahoo! Finance
- Classic brand becoming a status symbol in Trump's White House [FOX Business Network]FOX Business Network
- Trump's New Favorite Shoes + More Presidential Footwear [Yahoo! Finance]Yahoo! Finance
- 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