Trump’s tariffs hit fashion: Steve Madden, Temu react
US tariffs on Chinese imports spark fashion industry shake-up, leaving retailers like Steve Madden, Shein, and Temu scrambling to offset rising costs and regulatory challenges.
Models walk the runway during Steve Madden's show at Sandton Convention Centre on October 24, 2024 in Sandton, South Africa. Steve Madden is adjusting its supply chain as the US-China trade war impacts fashion brands. Image: Getty Images
Models walk the runway during Steve Madden's show at Sandton Convention Centre on October 24, 2024 in Sandton, South Africa. Steve Madden is adjusting its supply chain as the US-China trade war impacts fashion brands. Image: Getty Images