Apparel, department stores struggling the most under US trade policy, analysis shows

U.S. apparel, footwear and department store retailers and brands are facing a tough road thanks to the country’s tariff-heavy trade policy.

As they sell through inventories acquired earlier this year, import duties will eat into their profitability, and, with little room to raise prices, revenue will grow 3% at most, according to a recent Moody’s Ratings report. The analysts led by Senior Vice President Christina Boni give the sector a negative outlook, stating “the consumer environment remains difficult.” 

These retailers are “the most exposed to current tariffs and vulnerable to further increases,” Boni said.

Apparel, department stores struggling the most under US trade policy, analysis shows | Retail Dive

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