1834 ET - RH is pursuing a slew of changes to its supply chains to avoid higher tariffs on some of its products. The company is still moving out of China, and is "aggressively responding" to a higher, 50% tariff rate on imports from India, CEO Gary Friedman says. Those increased tariffs affect 7% of its business, almost entirely made up of hand-knotted rugs, which are highly specialized and not manufactured in the U.S., he says. RH is also shifting a large portion of its upholstered furniture production to its factory in North Carolina, and forecasts 52% of those products will be produced domestically by the end of the year, with that share rising again in 2026. (kelly.cloonan@wsj.com)
(END) Dow Jones Newswires
September 11, 2025 18:34 ET (22:34 GMT)
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