AAFA President on Retail Outlook

AAFA President on Retail Outlook

Assessment

Interactive Video

Business

University

Hard

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The video discusses the significant price pressures in the apparel and footwear industry, driven by high freight costs and tariffs. It highlights the role of government policies, particularly tariffs on imports from China, and the need for legislative action to alleviate these pressures. The video also explores how trade preference programs could help reduce costs and improve supply chain management. Despite some companies managing better, the industry faces ongoing challenges, including high freight costs and labor negotiations.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways can companies alleviate some of the cost pressures they are facing?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges are companies facing despite having good control over their supply chains?

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OFF