Rodd & Gunn pauses US expansion amid 46% tariff, expects significant sales decline

Rodd & Gunn pauses US expansion amid 46% tariff, expects significant sales decline
The US accounts for a third of Rodd & Gunn’s sales. (Image: Supplied/Facebook)
John Anthony
Clothing brand Rodd & Gunn is pushing pause on its US expansion and expects “a significant decline in sales” as it faces a 46% tariff on many goods shipped there, its chief executive says.Rodd & Gunn chief executive Michael Beagley said the scale of price rises in the US, as a result of President Donald Trump’s sweeping tariffs, were going to be far greater than any other time in modern history, if there was no change to the current tariff strategy.“Initially, there will be a sales surge as consumers understand p...

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