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April 06, 2025 - BY Glossy

‘A lot of companies are going to fold’: The fashion industry reacts to tariff turmoil

Glossy spoke with a number of fashion and shipping executives about what they’re doing to mitigate the effects of the tariffs on their business and how they expect things to go from here. One prevailing feeling: Diversification of where to manufacture goods is still important, even if it feels like playing whack-a-mole.