Global fashion industry expects 20% price hike on US tariffs
A study by Joor shows that 85% of fashion brands plan to increase their product prices due to tariffs. Credit: MarijaBazarova/Shutterstock. The Tariff Survey, conducted between 10-20 April, gathered insights from more than fashion 400 brands and retailers regarding the potential impact of the tariffs on the industry. The survey suggests 85% of fashion brands…