Japan & Footwear Distributors and Retailers of America

Japan: Japan's economy is affected by the Iran war, with its stock market experiencing volatility and firms reporting sharp rises in input costs due to higher raw material prices.

Footwear Distributors and Retailers of America: The Footwear Distributors and Retailers of America reported that petrochemical-based materials in synthetic shoes are significantly tied to oil price swings, leading to potential price increases for consumers.