Reported 1 day ago
As the trade war with China escalates, U.S. apparel brands face rising costs due to tariffs, with estimates suggesting significant price increases for clothing and accessories. However, co-founders of Eastside Golf, Ajanaku and Cooper, indicate that consumers may not notice these higher prices immediately, as current inventory is already priced in. Discussions around adjusting prices are ongoing, with brands mindful of not transferring the entire cost to consumers to maintain sales.
Source: YAHOO