Bath & Body Works CEO talks 'double benefit' of onshoring скачать в хорошем качестве

Bath & Body Works CEO talks 'double benefit' of onshoring

Bath & Body Works (BBWI) is prepping for its big holiday shopping event this week, its annual Candle Day falling on Friday, December 7. But ahead of the new year and President-elect Donald Trump's return to the White House, how is the candle and fragrance retailer bracing for the incoming administration's proposed tariffs? Yahoo Finance senior retail reporter Brooke DiPalma joins Bath & Body Works, Inc. CEO Gina Boswell on the floor of the New York Stock Exchange (NYSE) for a conversation on the brand's supply chain and holiday promotions. "For years now, we have been doing a lot of near-shoring and onshoring, and really pleased to say that today 85% of our production manufacturing is in North America, the majority of which is really right outside our headquarters in Columbus, Ohio," Boswell tells DiPalma, adding: "The other reason for having onshoring is just flexibility with speed and agility. And for us, that's part of our differentiated model, is to be able to get our products in the stores in weeks rather than months. So it's sort of a double benefit." About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. Get the latest news and data at finance.yahoo.com Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) Follow Yahoo Finance on social: X:   / yahoofinance   Instagram: https://www.instagram.com/yahoofinanc... TikTok: https://www.tiktok.com/@yahoofinance?... Facebook:   / yahoofinance   LinkedIn:   / yahoo-finance