Jenna Giannelli

Jenna Giannelli, Head of U.S. Consumer and Retail Credit Research at Morgan Stanley, shares insights into how U.S. retailers are bracing for the impact of rising tariffs. She delves into strategies that retailers are using to avoid passing on costs to consumers. Jenna discusses the delicate balance of managing prices while navigating market challenges, particularly in the apparel sector. With anticipated inflation on the rise, she highlights the disconnect between market expectations and the reality retailers face amidst these economic pressures.

Jenna Giannelli, Head of Retail and Consumer Credit, and Alex Straton, U.S. Soft Lines Retail Equity Analyst, discuss the impact of tighter monetary policy on U.S. consumer consumption and the outlook for the soft lines industry in 2023. They delve into the 'tale of two halves' for the year, analyzing high yield retail opportunities, inventory levels, and company-specific factors using the Five C's Framework for evaluation.