Retailers Bypassing Shoe Wholesalers Amid Sourcing Upheaval

U.S. President Donald Trump's trade policies have caused uncertainty for shoe firms, particularly those manufacturing private label lines for mass retailers. Some retailers are opting to bypass wholesalers and work directly with factories, leading to potential challenges for shoe firms. Private label in the mass distribution channel is undergoing change and challenge, with Steven Madden Ltd. facing a $100 million hit in its private label business through Fiscal Year 2026.