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Tariffs Could Lead to ‘Widespread Store Closures,’ Analyst Says

Join Theory, Google, H&M, McKinsey, Foot Locker, Lafayette 148, LL Bean, the Retail Prophet and more at Sourcing Journal’s Virtual Sourcing Summit, R/Evolution: Overhauling Fashion’s Outmoded Supply Chain, Oct 14 & 15.

A 10 percent tariff increase on goods imported from China wouldn’t impact apparel and retail companies that much, but a hike to 25 percent could make investors more bearish on the sector. Looking at a few what-if scenarios, equities analyst Jay Sole at UBS came to two key conclusions: there’s a possibility that no price…

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