Last month, together with the Footwear Distributors and Retailers of America (FDRA), we raised $700,000 for Shoes for a Cure, the largest breast cancer research fundraising event in the footwear industry. These funds will fuel vital breast cancer research and bring us closer to a cure. #RackRoomShoes #ShoesForACure #BreastCancerAwareness #FDRA #RackRoomShoesGives

SOURCE: WIRED "The big sneaker brands “can typically get a pair of mold-injected sneakers for less than 10 bucks,” says Andy Polk, senior vice president of the Footwear Distributors and Retailers of America (FDRA). These then sell for, on average, $130 a pair. The Climamog costs $28 a pair to make, still a huge profit for Adidas. But at three times the landed price of traditionally sourced sneakers, it’s reduced profit and therefore perhaps of reduced appeal to a growth-focused corporate." Read The Full Article: https://lnkd.in/g7DGCa8q

SOURCE: Sourcing Journal "If there are bumps in the road for the Republicans in the lead-up to the midterms, “The strength of the coalition held together by the president-elect is going to start to fray,” Matt Priest, CEO and president of the Footwear Distributors and Retailers of America (FDRA), told an audience of industry insiders at Sourcing Journal’s fall summit on Tuesday." Read the Full Article: https://lnkd.in/evDuuaHc

Today's FDRA Chart of the Day highlights an important driver of import costs—the strength of the U.S. dollar. Since the recent election (see blue rectangle), the dollar has surged to its highest level in over a year, up about 2.4% year-over-year. This increase offers positive news for importers by potentially lowering landed costs, aligning with insights shared in last month's Commodity Update. Stay tuned for more insights on the impact of currency trends on footwear imports and costs.

SOURCE: Footwear News “The industry rallied for this year’s Shoes for a Cure fundraiser, coming together to raise more than $700,000 for breast cancer research. More than 350 volunteers from 53 companies pitched in at the five-day shoe sale, held last month at Chelsea Market. All told, more than 5,000 pairs of shoes were sold, and the event brought in more than $320,000. In addition, a number of big donations brought the total raised to over $700,0000; last year, the event raised more than $600,000...” Full Article: https://lnkd.in/gf_P78Rb

We’re proud to support the incredible impact of this year’s Shoes for a Cure sale, which brought together industry leaders and community members for an inspiring cause. 💖 ✨ $320,000 raised for critical breast cancer research 👟 5,000+ pairs of shoes sold to make a difference 🙌🏾 350+ volunteers who powered this event with dedication Thank you to everyone involved! Together, we’re helping to make strides toward a cure. #ShoesForACure #ShopForACause #BreastCancerResearch FFCF | Fashion Footwear Charitable Foundation There’s still time to show your support—visit shoesforacure.org to donate.

NEW SHOE-IN SHOW EPISODE OUT NOW! Shawn Osborne, President & CEO of the Two Ten Footwear Foundation, joins Matt for a conversation between friends about the legacy and impact of the 85 year old charitable foundation. Two Ten Footwear Foundation provides resources and support to those in need in the footwear industry. From hurricane relief to academic scholarships to support to those displaced, Two Ten is a unique and impactful organization serving shoe people in need. Throw in Two Ten’s Women in Footwear Industry (WIFI) movement and their work in HR management, and you have a mission critical footwear industry organization. If you’re in need of help or want to give to those in need, visit https://twoten.org. Visit https://lnkd.in/g5SqpA4F

FFANY Market Week returns December 2-6! Check out these brands exhibiting in the FFANY Pop-Up: BIRKENSTOCK Crocs, Inc. HEYDUDE TOMS Washington Shoe Company MUK LUKS®... Wear your way of life! Don't forget to book your appointments for the upcoming market week. Visit www.ffany.org for more information.

"This year’s annual holiday survey includes a few surprises and some key insights on where and when consumers are looking to buy shoes – and how companies can better convert shoe shoppers to buyers," said FDRA president and CEO Matt Priest. 🛍️ Discover what consumers are looking for this season, when they’re planning to buy, and which trends are set to drive sales. Visit https://lnkd.in/eYwW56XN to read the full 2024 Holiday Shoe Sales Report!

Honoring all who served. Happy Veterans Day from FDRA! Today, we remember the courage and sacrifice of those who have protected our freedoms. Thank you, veterans, for your service. 🇺🇸 #VeteransDay #ThankYouVeterans #FDRA