0129 GMT - KMD Brands can offset two-thirds of the total impact of Trump's tariffs, says Forsyth Barr, citing better-than-anticipated flexibility in its supply chain. Analyst Paul Laxton Koraua had initially thought KMD could offset 50% of the impact. KMD has some 19% of revenue exposed to the U.S. market through its Rip Curl and Oboz brands. Forsyth Barr notes that China is a significant source for Rip Curl, accounting for around 45% of supplier factories, while Oboz is less dependent. "Notably, China-sourced goods are primarily apparel, which can more easily be relocated to other textile markets," Forsyth Barr says. "In contrast, technical products such as Rip Curl's wetsuits (Thailand), and Oboz footwear (Vietnam) are harder to shift." (david.winning@wsj.com; @dwinningWSJ)
(END) Dow Jones Newswires
April 23, 2025 21:29 ET (01:29 GMT)
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