Tariff pressures push Vancouver retailers to revamp supply chains, raise prices
8 Articles
8 Articles
Services Companies Shrug Off Tariffs
Consider the stress of middle-market companies like retailer Warby Parker, which sources a lot of its eyewear from China, one of America’s largest trading partners and a major focus of the United States’ global trade war. U.S. tariffs on nearly all foreign countries are making the eyeglasses it sells online and in more than 300 brick-and-mortar stores across the country more expensive, a pocketbook demand that consumers may not see eye to eye wi…
Fashion retail braces for peak trading freight cost rises
Drapers Fashion retail braces for peak trading freight cost rises As H&M Group's falling profits underscore the mounting pressure of escalating freight costs and ongoing geopolitical tensions, many retailers are being forced to adapt their logistics strategies in an attempt to preserve profitability.The post Fashion retail braces for peak trading freight cost rises appeared first on Drapers.
Canada: collaboration between Customs and brand owners proves vital as tariffs increase threat of counterfeit activity
The recent wave of US tariffs is likely to increase the cost of imported goods for Canadian consumers, creating ripe opportunity for fake goods to enter the market. To mitigate this risk, Customs must increase detentions at the border and brand owners should utilise AI tools to analyse and predict patterns.
How Consumer-Paid Returns Can Transform Customer Experience
Retailers are still feeling the impact of recent tariff actions – and there may be more price hikes ahead. That makes supply chain costs tough to forecast, and many brands are rethinking their pricing models to safeguard margins. Reverse logistics is one area where you can control costs, so savvy retailers are embracing new models to recapture lost revenue there. One strategy? Consumer-paid return models, where shoppers pay a small fee upfront t…
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