From the Newsroom: Will the ‘Tariffpocalypse’ Transform Fashion Forever?
The fashion and retail industries are grappling with mounting challenges as new tariffs and a shifting global trade landscape create widespread uncertainty. In the latest episode of WWD Voices’ “From the Newsroom, host Arthur Zaczkiewicz sat down with Kate Nishimura of Sourcing Journal and Evan Clark of WWD to make sense of the chaos behind recent headlines. [To listen to the episode, CLICK HERE] The editors discussed how U.S. President Donald Trump’s decision to hit pause on some of his new tariffs is offering a short-lived reprieve for retailers. However, the increase in tariffs on Chinese goods to an astronomical 145 percent continues to send shockwaves through the fashion apparel and footwear industry. Nishimura quoted Nate Herman of the American Apparel and Footwear Association, who described current conditions as “chaos and paralysis” as companies face uncertainty when planning for the next quarter. Clark noted the impact on Walmart, one of the world’s largest retailers, as the company navigates tariffs that hit its international supply chain particularly hard. Despite this, Walmart has maintained its guidance, signaling cautious optimism for now. “If these tariffs truly stick, the business model for much of the fashion industry could just stop working,” Clark warned. The escalating costs are
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