Urban Revivo plans to expand in the US this season, and tariffs pose a big issue for some retailers who instantly ship finished goods from China more than sourcing locally.
Fashion-related items may become “most affected” by a possible 60 per share price increase from the US, according to a statement from Boston Consulting Group (BCG) in January, with progressive costs anticipated to increase to US$ 16 billion by 2033.
The three groups, according to the team, would need to withstand additional US$ 99 billion in additional tariffs in addition to customer electronics and electrical machinery.
Although Taiwanese businesses have experience managing US tax costs, levies of this size will have a significant impact on business activities, according to Aparna Bharadwaj, managing director and companion at BCG.
She added that a potential reduction of up to 14 percent points in a company’s profitability on income before taxes, loss, and amortization could make them more likely to pass those costs on to customers.
Urban Revivo intends to accomplish that.
” Our setting is more’ mass-market’ at house, but in the future, I’m thinking if the taxes were to increase]in America], we could only increase prices”, founder Li told the Post. ” Other brands would do the same”.
It’s a big question whether the business can increase its revenues without hurting its sales.
Urban Revivo plans to open its first US store in New York this year, and the most immediate challenge for the company is whether it can make a name for itself in this competitive market, head-to-head with well-known giants like Zara,  , H&, M , and Ralph Lauren.
” The majority of Chinese retailers that have set foot in the US are targeting the East and West Coasts, where there are large Chinese communities”, said Bain’s Yang. So, I would say we’re not yet there if you asked me whether any brands had truly won over the hearts of European and American consumers in large numbers.