Gap Might Have to Raise Prices Due to Tariffs, CEO Says

The video discusses the impact of the trade war on the apparel industry, focusing on how companies like Gap are managing their sourcing strategies. While China is not the largest source for Gap, the trade war could lead to increased consumer prices, especially during the holiday season. The company is exploring alternative sourcing options in countries like Vietnam and Bangladesh, balancing productivity and labor costs. The discussion highlights the potential tax on consumers due to tariffs and the need for strategic sourcing shifts.

In what ways does the company ensure ethical working conditions in its sourcing?

What challenges does the company face in shifting sourcing from China to other countries?