Business
For the past year, the apparel and footwear industries have been on edge as tranche after tranche of tariffs have been placed on goods coming out of China. And while our industries had largely been spared, consumers are likely to feel the full brunt of the impact starting with Spring ’20 goods. In response to the uncertainty and hit to the bottom line, brands and retailers have been searching for production alternatives around the globe. And while many are trying out new destinations, most would agree that nowhere compares to China. In this episode, which is sponsored by Texworld USA, Ron Sorini, principal at the Sorini, Samet & Associates law firm, and Jonathan Gold, vice president for supply chain and customs policy for the National Retail Federation, discuss how apparel firms are adapting to this new normal, the ways in which they could potentially mitigate the tariff impacts and whether it's possible to create a tariff-proof sourcing strategy today.