Edward R. Rosenfeld, the chief exec of footwear brand Steve Madden, said that his company currently sourced >70% of its products from #China but had “been planning for a potential scenario in which we would have to move #goods out of China more quickly."

“As of yesterday morning, we are putting that plan into motion,” he said. Steve Madden had been making more shoes in #Cambodia, #Vietnam, #Mexico & #Brazil & its goal over the next year was to reduce its sourcing from China to only 40-45%.

#US