The Glossy Podcast

The tariff chaos, Prada's Versace acquisition, and the state of the department store

Apr 11, 2025
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INSIGHT

Global Supply Chain Tariff Impact

  • Tariffs create anxiety as American companies directly pay extra costs, impacting global supply chains.
  • The interconnected global production means tariffs disrupt decades of international manufacturing collaboration.
INSIGHT

Sustainability and Nearshoring Challenges

  • Tariffs and fragmented supply chains highlight sustainability challenges in fashion production.
  • Nearshoring is touted, but U.S. manufacturing lacks scale and has labor issues unlike international factories.
ADVICE

Share Tariff Burdens Proactively

  • Brands should proactively negotiate with manufacturers and share tariff costs to stabilize pricing.
  • Sharing costs among manufacturers, brands, and customers helps manage tariff-related uncertainties.
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