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Group Asks President Trump to Exempt Footwear Brands From Tariffs","url":"https://stock-news.laohu8.com/highlight/detail?id=2533581784","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2533581784?lang=en_us&edition=fundamental","pubTime":"2025-05-05 20:57","pubTimestamp":1746449876,"startTime":"0","endTime":"0","summary":"The Footwear Distributors and Retailers of America asked US President Donald Trump in a letter to exempt footwear brands from the reciprocal tariffs.The letter, signed by brands including Nike , Skechers U.S.A. , Under Armour , VF Corp. , Capri Holdings , Deckers Outdoor , Wolverine World Wide , Caleres , Columbia Sportswear , Crocs , Genesco , Rocky Brands , Steven Madden , Weyco Group , Adidas, Puma, and others on Tuesday, said that the US footwear sector faces an \"existential threat\" from cost hikes, saying a lot of jobs are \"at stake.\"\"Many companies making affordable footwear for hardworking lower and 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The billionaire graduated from Cornell University and gained experience in the hedge fund industry under the tutelage of Gary Siegler and Peter Collery at the SC Fundamental Value Fund. Einhorn rose to prominence in 2002, when he successfully questioned the accounting practices of Allied Capital, a private equity firm, and disclosed having a short position at the Sohn Investment Conference. The stock plummeted, sparking a heated exchange of claims between Allied and Einhorn. A five-year-long inquiry by the United States Securities and Exchange Commission  confirmed Einhorn's claim, revealing that Allied did breach accounting rules rel","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/capri-holdings-limited-cpri-among-134236116.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["GLRE","BK4202","BK4019","CPRI"],"gpt_icon":0},{"id":"2531035059","title":"Prada posts 12.5% increase in first quarter revenues thanks to Miu Miu's growth","url":"https://stock-news.laohu8.com/highlight/detail?id=2531035059","media":"Reuters","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2531035059?lang=en_us&edition=fundamental","pubTime":"2025-04-30 19:40","pubTimestamp":1746013242,"startTime":"0","endTime":"0","summary":"Prada posts 12.5% increase in first quarter revenues thanks to Miu Miu's growthMILAN, April 30  - Net revenues at Italian luxury group Prada 1913.F rose 12.5% at constant exchange rates in the first quarter, slightly above analysts expectations, thanks to a 60% jump in retail sales at its smaller brand Miu Miu. Prada's net revenues rose to 1.34 billion euros, the group said on Wednesday, while a Visible Alpha consensus expected them to increase to 1.33 billion euros.  Retail sales at the group's main and eponymous brand Prada were flat in the first quarter.   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As investors prepare for Floor & Decor’s first-quarter results, 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