Tariff uncertainty adds pressure to US soft goods retailers: Fitch

Fitch Ratings has downgraded its 2025 outlook for the US retail and consumer products sector to ‘deteriorating’, citing tariff uncertainty, soft consumer demand, and sourcing risks, especially for soft goods retailers.
Apparel and footwear sales are expected to decline mid-single digits, pressuring margins.
While firms like Dillard’s remain resilient, others like Capri Holdings face heightened risk.Read More