"There aren't a lot of places that can replace China," says Julia Hughes, president of the U.S. Fashion Industry Association.

Apparel prices will rise a bit faster if the administration follows through on proposed Chinese tariffs, one expert says.

Adidas has moved past Jordan brand as the second-most popular sneaker in the U.S., according to market research firm NPD Group.

The shoemaker is cutting its workforce and will sell in its own space.