Tariff Hit 'Limited,' May Hike Prices: Ethan Allen CEO

BloombergMonday, October 13, 2025 at 10:36:09 PM
Tariff Hit 'Limited,' May Hike Prices: Ethan Allen CEO
Ethan Allen's CEO, Farooq Kathwari, recently discussed the company's operations across North America, including Mexico and Honduras, highlighting that they are currently experiencing minimal impact from tariffs. This is significant as it suggests that the company's pricing strategies may remain stable despite potential economic pressures, which could reassure investors and customers alike.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
Golden Minerals completes sale of Mexico plant for $3 million
PositiveFinancial Markets
Golden Minerals has successfully completed the sale of its plant in Mexico for $3 million, marking a significant step in its strategic realignment. This sale not only boosts the company's financial position but also allows it to focus on its core operations and future projects. The transaction reflects the growing interest in mining assets and could signal positive trends in the industry.
I Squared Nears $1.5 Billion Deal for ECP’s Liberty Tire
PositiveFinancial Markets
I Squared Capital is on the verge of acquiring Liberty Tire Recycling from Energy Capital Partners for a substantial $1.5 billion, including debt. This deal highlights the growing interest in sustainable recycling solutions in North America, as companies increasingly focus on environmental responsibility. The acquisition not only strengthens I Squared's portfolio but also positions them as a key player in the recycling industry, which is crucial for reducing waste and promoting sustainability.
Mexico stocks higher at close of trade; S&P/BMV IPC up 0.79%
PositiveFinancial Markets
Mexico's stock market closed on a high note, with the S&P/BMV IPC index rising by 0.79%. This positive trend reflects investor confidence and could signal a robust economic outlook for the country. As markets fluctuate globally, this uptick is significant for both local investors and international observers, highlighting Mexico's resilience in the face of economic challenges.
TWICE Expands World Tour With Added Shows In North America And Europe
PositiveFinancial Markets
TWICE is making waves by expanding their 'THIS IS FOR World Tour Part 2' with new shows in North America and Europe. This is exciting news for fans who have been eagerly waiting for more opportunities to see the popular K-pop group live. With tickets going on sale this week, it's a great chance for fans to secure their spots and experience the energy of TWICE's performances.
Michelin cuts annual outlook on worse-than-expected tire demand in North America
NegativeFinancial Markets
Michelin has revised its annual outlook downward due to a significant drop in tire demand in North America, which was worse than anticipated. This shift is concerning as it reflects broader economic challenges and could impact the company's profitability and market position. Understanding these trends is crucial for investors and consumers alike, as they may signal changes in the automotive industry and consumer spending habits.
Tire Maker Michelin Slashes Guidance as North American Sales Slump
NegativeFinancial Markets
Michelin, the renowned French tire manufacturer, has recently downgraded its full-year sales forecast due to a significant slump in North American sales. This decline is attributed to challenging market conditions, including the adverse effects of U.S. tariffs. This news is important as it highlights the ongoing struggles faced by manufacturers in the current economic climate, which could have broader implications for the industry and consumers alike.
Michelin Cuts Outlook on Weaker North America Sales
NegativeFinancial Markets
Michelin has revised its financial outlook downward due to a significant drop in tire sales in North America, which was more severe than anticipated. This adjustment highlights the challenges the company faces amid a weakening economy, making it a crucial moment for stakeholders to understand the potential impacts on the tire market and the broader economic landscape.
‘It is very important to vindicate her’: Mexico’s president want to reclaim the story of Malinche, 16th century translator for the conquistadors
PositiveFinancial Markets
Mexico is launching a series of cultural events to honor Malinche, also known as Malintzin, a pivotal figure in the country's history as a translator for the conquistadors. This initiative, coinciding with the anniversary of Christopher Columbus' arrival, aims to reclaim her narrative and highlight her significance in Mexican heritage. By celebrating Malinche, the Mexican government seeks to address historical injustices and promote a more nuanced understanding of the past, making this a meaningful step in cultural recognition.
Brazil, South Africa FX Soars as Trump Dials Back Trade War Tone
PositiveFinancial Markets
On Monday, currencies from Brazil, South Africa, and Mexico saw significant gains as trade tensions appeared to ease, particularly with a softer tone from Trump regarding the trade war. This is noteworthy because it reflects a potential stabilization in emerging markets, which could lead to increased investor confidence and economic growth in these regions.
Colombia Wins By Four Goals Against World Cup Host Mexico
PositiveFinancial Markets
Colombia's impressive 4-0 victory over World Cup host Mexico is a significant boost for the team as they prepare for the upcoming tournament. With standout performances, especially from Luis Díaz, this win showcases Colombia's potential and builds momentum ahead of the FIFA 2026 World Cup.
Meet a 62-year-old Washington state farmworker who chose self-deportation to Mexico after raising 4 children and 10 grandchildren in the U.S.
NegativeFinancial Markets
Ramón Rodriguez Vazquez, a 62-year-old farmworker from Washington state, made the difficult decision to self-deport to Mexico after years of contributing to his community and raising a family in the U.S. His health deteriorated significantly during his time in ICE custody, highlighting the harsh realities faced by many immigrants. This story matters because it sheds light on the personal struggles and sacrifices of individuals caught in the immigration system, emphasizing the need for reform and compassion.
Latest from Financial Markets
Trump is trying to publicly de-escalate tensions with China to soothe markets while privately keeping up pressure on Beijing—a difficult balancing act that is being watched by Wall Street
NeutralFinancial Markets
In a strategic move, President Trump is attempting to publicly ease tensions with China to calm the markets, while behind the scenes, he continues to apply pressure on Beijing. This dual approach highlights the complexities of U.S.-China relations and the ongoing trade war, which has significant implications for global economics and trade stability.
Russia Steps Up Exports of US-Sanctioned LNG in Test for Trump
NegativeFinancial Markets
Russia is ramping up exports of liquefied natural gas (LNG) from a US-sanctioned plant in the Arctic, challenging Western restrictions and testing the resolve of President Donald Trump. This move is significant as it highlights Russia's efforts to bypass sanctions and maintain its energy market presence, raising concerns about geopolitical tensions and the effectiveness of US sanctions.
US, China to roll out tit-for-tat port fees, threatening more turmoil at sea
NegativeFinancial Markets
The recent decision by the US and China to implement reciprocal port fees is raising concerns about escalating tensions in maritime trade. This move could lead to increased costs for shipping and further complicate an already strained relationship between the two economic giants. As both nations navigate this tit-for-tat strategy, the potential for disruption in global supply chains looms large, making it a critical issue for businesses and consumers alike.
Samsung Expects Strongest Profit in Three Years on AI-Driven Chip Demand
PositiveFinancial Markets
Samsung is anticipating its strongest profit in three years, driven by a resurgence in its semiconductor business, particularly due to the growing demand for AI-driven chips. This rebound is significant as it highlights the company's ability to adapt to market trends and capitalize on technological advancements, which could lead to further growth and innovation in the tech industry.
China confirms working-level talks with US, vows ‘fight to the end’ in trade war
NegativeFinancial Markets
China has confirmed that it will engage in working-level talks with the United States amid ongoing tensions in the trade war, emphasizing its commitment to 'fight to the end.' This development is significant as it highlights the persistent friction between the two largest economies in the world, which could have far-reaching implications for global trade and economic stability.
Samsung on track for highest profit in 3 years
PositiveFinancial Markets
Samsung is set to achieve its highest profit in three years, with estimates indicating a more than 30% rise in operating profit after a period of slow growth. This significant turnaround highlights the company's resilience and ability to adapt in a competitive tech landscape, making it an important development for investors and the industry as a whole.