At the Shoptalk retail industry conference last week, Gap Inc CEO Richard Dickson touted the apparel maker's limited exposure to China and the tariffs about to be imposed on imports from there after … [+2405 chars]
Gap, Nike and Levi’s took years to diversify from China. Now sky high tariffs on nations like Vietnam are ruining plans and tanking their stocks - Yahoo Finance
What looked like a safe bet to move manufacturing supply chains out of China is turning out to be a nightmare for many big retail brands.
By:Phil Wahba
Source:Yahoo Entertainment
Published:
Related News
S&P 500 futures climb ahead of Fed decision, major tech earnings: Live updates - CNBC
The S&P 500 climbed to a new all-time high and closed at a record on Tuesday as traders eagerly awaited earnings from major tech companies.
CNBC•Pia Singh
Trump’s Embrace of Weaker Dollar Fuels Bets on New Downtrend - Bloomberg.com
President Donald Trump’s relaxed tone about the dollar selloff is fueling speculation the US currency is at the start of a longer-term decline.
Bloomberg•Ruth Carson, Greg Ritchie
Trump’s Embrace of Weaker Dollar Fuels Bets on New Downtrend - Yahoo Finance
The dollar suffered its deepest one-day drop since last year’s tariff rollout after Trump said on Tuesday he didn’t think the currency had weakened...
Yahoo Entertainment•Ruth Carson and Greg Ritchie