Women’s Wear Daily
04.17.2014
business
business

FDRA Prez Talks DC Gridlock

Lobbying efforts continue to reduce footwear duties.

business/news
FN CEO Summit 2013 Matt Priest

Matt Priest

Photo By Moritz & Co.

Call it Miami goes to Washington.

On the final day of the FN CEO Summit, national politics took center stage as Footwear Distributors & Retailers of America President Matt Priest spoke about both the gridlock in Washington, D.C., and the intense lobbying efforts taking place behind the scenes on behalf of the shoe industry.

“Why engage Washington,” Priest asked in his opening remarks. “In 2012, the footwear industry paid almost $2.4 billion in duties on footwear imports. The taxes levied against our shoes coming across the border represent a dramatic figure.”

The duty rates for shoes amount to 10.1 percent, Priest noted. By comparison, the rate is zero for cell phones, 2.4 percent for tobacco and 2.5 percent for cars.

He said the FDRA has been working hard to get politicians to reverse the escalating tariffs on shoes, which have been in place for 83 years. But other issues such as health care reform have derailed any efforts toward a major overhaul.

“We need to fix the model,” Priest said. “We can’t control the rising costs of energy, labor and raw materials, but we can ask our government to help control the prices of goods coming across our borders. Our companies are being hit in a much more dramatic way with regard to duties than any other industry.”

load comments

ADD A COMMENT

Sign in using your Facebook or Twitter account, or simply type your comment below as a guest by entering your email and name. Your email address will not be shared. Please note that WWD reserves the right to remove profane, distasteful or otherwise inappropriate language.

Ads by Google

Newsletters
Newsletters

Sign upSign up for WWD and FN newsletters to receive daily headlines, breaking news alerts and weekly industry wrap-ups.

Publications

ArticleFinder

Footwear News


Choose By

Clear

How it works

Close

Lorem Ipsum
Dolor sit amet, consectetur adipiscing elit. Vivamus ac nibh et risus lobortis scelerisque tempor nec enim. Etiam facilisis sapien sit amet.

Lorem Ipsum
Dolor sit amet, consectetur adipiscing elit. Vivamus ac nibh et risus lobortis scelerisque tempor nec enim. Etiam facilisis sapien sit amet.

Lorem Ipsum
Dolor sit amet, consectetur adipiscing elit. Vivamus ac nibh et risus lobortis scelerisque tempor nec enim. Etiam facilisis sapien sit amet.

Lorem Ipsum
Dolor sit amet, consectetur adipiscing elit. Vivamus ac nibh et risus lobortis scelerisque tempor nec enim. Etiam facilisis sapien sit amet.

Lorem Ipsum
Dolor sit amet, consectetur adipiscing elit. Vivamus ac nibh et risus lobortis scelerisque tempor nec enim. Etiam facilisis sapien sit amet.


Or