Fashion and apparel brands from Steve Madden to Under Armour, e.l.f. Beauty, and Ralph Lauren are preparing for President-elect Donald Trump’s promised tariffs.

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.

  • sunzu2@thebrainbin.org
    15·
    16 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@lemmy.world
      5·
      16 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@thebrainbin.org
        14·
        16 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@lemmy.world
          3·
          16 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?

          • sunzu2@thebrainbin.org
            15·
            16 days ago

            There is no subsidies for roads feds own the intermediate system, states own rest of the rosds.

            Agriculture subsidies aren’t profits for cargill and other parasites in the US. EU has a better system but US it is just extraortioj racket.

            We literallt subsidizing corpos who are poisoning and the state permits them

            You got ultra normie understanding of how the world works, LARPing too much teeve, boy?

            • kurwa@lemmy.world
              2·
              16 days ago

              Okay, so the government pays for the roads. And the government gives money to farmers. It makes food cheaper. And it keep your roads drivable.

              Tariffs are just taxes on imports, so you’re indirectly paying the government to buy the same things but for more money.

              Why have more taxes when the government could prop up local industry instead? I’m sorry that a hard concept for you to understand bud.

              • sunzu2@thebrainbin.org
                14·
                16 days ago

                And the government gives money to farmers.

                Lol so you don’t really know how famring subsizing operate. Cute.

                It make slop cheaper for sure tho… Yum 🤡

                You really should study topics you discuss esp if you are going to have this bravado.

                So far you fumble with info you heard on teevee.

                • kurwa@lemmy.world
                  2·
                  16 days ago

                  So are you saying that subsidies aren’t money given to farmers? I mean it sounds like you’re admitting that it is but don’t want to?

                  • sunzu2@thebrainbin.org
                    1·
                    15 days ago

                    Here is an article that covers at high level my position re structuring of US DOA policy specifically but also more broadly how US federal funds are being disbursed in practice. It does not cover part where these subsidies don’t result in lower prices, they are straight cash transfers into pockets of the people who owner these mega corps.

                    https://www.landclimate.org/the-cargill-playbook/

                    A basic litmus test to cross reference this thesis would be: are we getting more or less small hold farmers? Are mega corps getting bigger?

                    If the government is giving money to the farmers, why are we getting less farmers? Why do we have oligopolies in all key sectors of our economy.