For next year, the Footwear Distributors and Retailers of America (FDRA) is working on business information and intelligence; solution-focused products; consultations and support services; networking and training; and eliminating footwear duties, according to chief executive officer Matt Pries, who said the specific goal is to end the US-China trade conflict.
The additional tariffs imposed by the US government on American importers are freezing capital investment plans for many FDRA member companies and with such uncertainty and rising sunk costs, it is hard to raise investments in technologies, personnel and product, Pries told Fibre2Fashion in an interview.For next year, the Footwear Distributors and Retailers of America is working on business information and intelligence; solution-focused products; consultations and support services; networking and training; and eliminating footwear duties, according to chief executive officer Matt Pries, who said the specific goal is to end the US-China trade conflict.#
For the full interview, please click here.
Fibre2Fashion News Desk (DS)
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