Reported about 8 hours ago
Lew Frankfort, the former CEO of Coach, expressed skepticism that new tariffs will lead luxury handbag makers to relocate production to the US. He highlighted a shortage of skilled labor, complicating the idea of reviving manufacturing jobs at home. Frankfort stressed the importance of attracting immigrants to fill these roles and advised retailers to consider pricing strategies that won’t burden consumers while maintaining profitability.
Source: YAHOO