“What these factory owners are making is a point that, even with the tariff, it is still going to be drastically cheaper than when you’re buying from the brand directly,” said Caiwei Chen, a China reporter for MIT Technology Review.
Attempts to be transparent about pricing can potentially be seen as political.
It won’t be easy to move clothing assembly — or the manufacturing of fabric, buttons and zippers — to the U.S.
Most of the shoes and clothes purchased in the U.S. come from countries hit hard by tariffs.
The fast fashion retailer declared bankruptcy this week, for the second time in six years.
Shrinkflation is affecting clothing brands. Companies are attempting to balance quality with price for consumers.
Some retailers are having to adapt to climate change.
For clothing resale sites like Poshmark, ThreadUp or Depop, “it’s really hard to overcome the math not working,” says Amanda Mull of Bloomberg.
It’s targeting Target.
The Olympics is big business for brands — and this year, it’s not just giants like Adidas and Nike whose uniforms will be worn by competitors.