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Factbox-Retailers' exposure to tariffs on Asian countries
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Factbox-Retailers' exposure to tariffs on Asian countries
Jul 8, 2025 3:12 PM

NEW YORK (Reuters) -U.S. clothing retailers and footwear companies are facing heightened tariff exposure after the White House said it would put levies on more than a dozen nations, including several Asian countries like Vietnam and Indonesia, that supply large volumes of textiles to U.S. companies. Those levies range roughly from 25% to 40%.

Here is a breakdown on the potential tariff exposure for U.S. consumer apparel and footwear companies, based on where their manufacturing operations are located.

RALPH LAUREN:

Ralph Lauren produces most of its goods outside the United States, with about 19% from Vietnam and 15% from China, according to an April Raymond James report. The company said in May that supply chain is diversified enough to allow it to deal with supply disruptions. 

NIKE:

Nike imported about 43% of its goods into the United States, according to Raymond James. Its sports footwear manufacturing is 50% from Vietnam, 27% from Indonesia, and 18% from China, according to Bernstein analysts. Sports apparel production breaks down as follows: 28% from Vietnam, 16% from China, and 15% from Cambodia. The company in June said it would allocate production differently to try to deal with the tariffs.

SKECHERS:

Skechers sources about 40% of its products from both China and Vietnam, according to Raymond James. The company has been redirecting imports away from China and relocating some production. 

CAPRI:

Capri's Michael Kors line is mostly produced in Asia, while Italy is its primary production source for Jimmy Choo. The company has been expanding production in Vietnam, Indonesia, and Cambodia.

TAPESTRY:

Tapestry's sources primarily from Vietnam, Cambodia, and the Philippines, which combined represent about 70% of its production, the company noted in its May earnings release.

AMERICAN EAGLE:

American Eagle sources primarily in Asia, Raymond James wrote. The company is reducing its sourcing from China in 2025.

ABERCROMBIE & FITCH:

Abercrombie & Fitch's sourcing was as follows: 35% from Vietnam, 22% from Cambodia, 12% from India, 7% from China, and 25% "other" in fiscal year 2024, according to Raymond James. 

LULULEMON:

Lululemon fabric sourcing is 35% from Taiwan, 28% from China, 11% from South Korea, according to Raymond James analysts. Manufacturing is 40% Vietnam, 17% Cambodia, 11% Sri Lanka, 11% Indonesia, 7% Bangladesh.

PUMA:

Puma sources 30% of goods from China, 26% from Vietnam, 13% from Cambodia, and 12% from Bangladesh, according to Bernstein analysts. 

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