Reported about 14 hours ago
Williams-Sonoma's CEO, Laura Alber, announces the company's strategic move away from China due to potential tariff risks linked to the Trump administration's policies. The company has decreased its reliance on Chinese manufacturing from 50% to 25% and is focusing on enhancing manufacturing capabilities in the U.S. and other countries. Despite the possibility of raised prices, Alber emphasizes the importance of maintaining competitive vendor partnerships.
Source: YAHOO