Independent fashion brands are unfairly suffering from the impact of tariffs, according to a report by Vogue Business. The brands, which account for a significant portion of the industry, are struggling to keep up with the rising costs of materials and manufacturing due to tariffs imposed by the US government. This has led to a reduction in orders, increasing costs, and decreased revenue for these brands. The report highlights the case of several independent fashion brands, including shoemakers and accessories designers, who are feeling the pinch and are worried about their future in the industry.
The raising of tariffs is having a drastic impact on independent fashion brands.
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