"Customers want to know what's going on. They feel unstable, especially when it comes to their own spending. People are looking for more predictability."
It's great that Burlap & Barrel is able to commit to not raising prices--it speaks to their integrity but also the health of their business. That said, there are many brands that are simply not in a position to shoulder the rising cost of goods, regardless of their values...and it's not because they're trying to greedily maximize profits, but simply because they're trying to survive.
I truly love the Dame tariff approach.
It's fascinating how quickly businesses responded to these changes.
It’s really interesting to see how brands are responding to the tariffs across the spectrum
very.
It's great that Burlap & Barrel is able to commit to not raising prices--it speaks to their integrity but also the health of their business. That said, there are many brands that are simply not in a position to shoulder the rising cost of goods, regardless of their values...and it's not because they're trying to greedily maximize profits, but simply because they're trying to survive.