‘It’s too risky’: Tariffs are causing brands to back away from the U.S. and expand abroad instead
This story was first published by Digiday sibling ModernRetail Earlier this summer, Matthew Hassett, the founder of lamp and clock brand Loftie, realized he couldn’t depend on the U.S. market like he had in the past. Ninety-five percent of Loftie’s sales were from U.S. customers, but the company was stuck paying tariffs of up to […]




