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Stock impact report

Trump's tariff promises have import-heavy retailers facing 'new reality' [Yahoo! Finance Canada]

e.l.f. Beauty, Inc. (ELF) 
Last e.l.f. beauty, inc. earnings: 2/5 04:05 pm Check Earnings Report
US:NYSE Investor Relations: investor.elfcosmetics.com
strategy conversation at retailers across the fashion, beauty, and footwear industries. Companies from athletic apparel maker Under Armour ( UA UAA ) to Ralph Lauren ( RL ), Steve Madden ( SHOO ), and Kate Spade and Coach parent Tapestry ( TPR ) reported earnings this week. And each faced questions from Wall Street analysts about how Trump's proposals — which include 10%-20% tariffs across the board and a 60% tariff on goods from China — could pose a challenge in the months and years ahead. "Just under half of our current business would be potentially subject to tariffs on Chinese imports," Steve Madden CEO Edward Rosenfeld said in a call with investors Thursday. Christopher Hufnagel, CEO at Saucony and Chaco shoe-maker Wolverine Worldwide ( WWW ), said Thursday: "I think us, along with just about everyone, is sort of digesting the news and the new reality and to contemplate what's going to be on the horizon." Meanwhile, makeup company e.l.f Beauty ( ELF ) said Wednesday eveni Show less Read more
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