Trump second term would pose a 'destructive risk to the container market'
The prospect of Donald Trump winning the forthcoming US presidential election ought to put the ...
AAPL: SHIFTING PRODUCTIONUPS: GIVING UP KNIN: INDIA FOCUSXOM: ANOTHER WARNING VW: GROWING STRESSBA: OVERSUBSCRIBED AND UPSIZEDF: PRESSED ON INVENTORY TRENDSF: INVENTORY ON THE RADARF: CEO ON RECORD BA: CAPITAL RAISING EXERCISEXPO: SAIA BOOSTDSV: UPGRADEBA: ANOTHER JUMBO FUNDRAISINGXPO: SAIA READ-ACROSSHLAG: BOUYANT BUSINESS
AAPL: SHIFTING PRODUCTIONUPS: GIVING UP KNIN: INDIA FOCUSXOM: ANOTHER WARNING VW: GROWING STRESSBA: OVERSUBSCRIBED AND UPSIZEDF: PRESSED ON INVENTORY TRENDSF: INVENTORY ON THE RADARF: CEO ON RECORD BA: CAPITAL RAISING EXERCISEXPO: SAIA BOOSTDSV: UPGRADEBA: ANOTHER JUMBO FUNDRAISINGXPO: SAIA READ-ACROSSHLAG: BOUYANT BUSINESS
US apparel and footwear businesses are facing a tariffs headwind that will see their focus directed to sourcing rather than selling. Speaking to Bloomberg, chief executive of Columbia Sportswear Tim Boyle said the ongoing trade war between China and the US had been “very disruptive” for business. The forced focus on sourcing is expected to hit sales despite the company being “quite adept” at moving production around to “take advantage” of the tariffs. Even so, Just Style notes Mr Boyle’s concerns that with others shifting production to the markets Columbia uses, the price it pays for goods would likely climb.
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