Summary

Following Donald Trump’s election victory, proposed tariffs of 10%-20% on general imports and 60% on Chinese goods are raising concerns across the fashion, beauty, and footwear industries.

Companies like Steve Madden, Under Armour, and e.l.f Beauty are assessing impacts, with some, such as Steve Madden, planning to reduce reliance on Chinese suppliers.

Tariff fears have already affected retail stocks, and executives acknowledge the industry is now more prepared for trade disruptions.

Many brands, including Ralph Lauren and Tapestry, have diversified sourcing in anticipation of restrictive trade policies.

  • @shalafi
    link
    English
    712 days ago

    Say you’ve been purchasing from China but now that’s looking too expensive. You bust out your Excel sheet and find out you can spin up an American factory and still crank out the goods for just a bit more than before. Great!

    But you already know what’s going to happen. The tariffs will cause high prices, turn out to be wildly unpopular, fuck up the economy and get rescinded. You want to get caught holding the bag with your brand new factory? Best just to ride it out, Trump will be out of office in 4-years, if not sooner.

    • sunzu2
      link
      fedilink
      -1112 days ago

      US manufacturing investment is highest in decades since biden providing state aid to “private” sector for these investments.

      Y’all don’t seem to have a grasp on the current industrial policy.

      Granted garments industry is not covered but there also US made clothes if you care…

      But peasants prefer to bug endless plastic trash from Temu to wear ones. This fucking accountability for brain dead consumption patterns

      • @kurwa
        link
        612 days ago

        Bros acting like the only thing people buy is clothes, like it’s the motherfucking 1800s.

        • sunzu2
          link
          fedilink
          -412 days ago

          OP is literally has pictures of garments and they one of the worst offenders.

          We can discuss broader Us industrial policy and tariff implications if you prefer.

          • @kurwa
            link
            312 days ago

            The tariffs are on everything, not just clothes. But even just looking at the clothes aspect, how do you think increasing the price of clothes, which people need, will be good for the American people?

            Forcing people to spend more money on stuff is not going to help them.

            • sunzu2
              link
              fedilink
              -312 days ago

              Trarif policy will be implemented on per category basis.

              We have not seen any details yet.

              Price gouging increased prices with excess revenue going to corporate.

              I don’t even support the policy just think y’all having a melt down prematurely lol

              But some tarif is warranted at the min cost a visit China and EU and jap at least to equalize them

              • @kurwa
                link
                512 days ago

                You don’t support it but you think it’s warranted?

                Why not prop up local manufacturing with subsidies? You know, make things cheaper to buy.

                • sunzu2
                  link
                  fedilink
                  -312 days ago

                  I don’t support prividing state aid to pad rich peoples profits.

                  If Us is investmenting, then it should get debt or equity at FMV like any other private investors.

                  • @kurwa
                    link
                    312 days ago

                    Okay so you’re an idiot great. I guess we should stop all subsidies on our fuckin food and roads then too right?