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.
Bootlicker? I hate trump. It’s just pointless to author a 1000 articles about his policies right now because the dude is a habitual liar. Who knows what’ll happen when he actually takes office? It’ll be bad, but it’s unlikely to be any of his promised actions, because he never keeps his word. News agencies should be reporting on actual news that has happened, that affects us today. But trump gets clicks, so they’ll keep pointlessly reporting on him, ignoring the real news.