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Gap, Nike and Levi’s took years to diversify from China. Now sky high tariffs on nations like Vietnam are ruining plans and tanking their stocks

Fortune LogoFortune1d ago

Gap, Nike and Levi’s took years to diversify from China. Now sky high tariffs on nations like Vietnam are ruining plans and tanking their stocks - Fortune

Quick Summary:

What looked like a safe bet to move manufacturing supply chains out of China is turning out to be a nightmare for many big retail brands.

Suddenly, Gap Inc and Levi's don't seem inoculated at all from Trump's tariff war with the rest of the world.

Less than 10% of our product is coming out of China," said Dickson.

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Gap, Nike and Levi’s took years to diversify from China. Now sky high tariffs on nations like Vietnam are ruining plans and tanking their stocks - Fortune (Picture 1)

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Article Details

Author / Journalist: Phil Wahba

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-03 @ 16:08:43 (1 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 495 words

Reading Time: 3 minutes read

Sentences: 5 lines

Sentence Length: 99 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 27568056

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About Fortune

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Main Topics: EconomyBusiness

Official Website: fortune.com

Update Frequency: 30 posts per day

Year Established: 1929

Headquarters: United States

News Last Updated: 8 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #95

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  • URL: https://beamstart.com/news/gap-nike-and-levis-took-17436967619195

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