HIGH POINT — With the fall edition of Interwoven soon after October High Point Market and after an intense presidential election, optimism seemed to be the vibe as manufacturers unveiled their latest designs.
With potential tariff increases the industry might expect in 2025 top of mind for many in the home furnishings industry, several Interwoven vendors expressed cautious optimism, measured concern and in-progress solutions…
Regal Fabrics Director of Marketing Andy Kahan feels tariffs are liable to impact fabric and furniture, and he says it is Regal’s job to minimize the impacts on its customers as much as possible.
“Regal Fabrics has been actively working to diversify our supply chain for many years,” said Kahan. “Today, we offered fabrics made in U.S., Mexico, India, China, Pakistan, Belgium, Indonesia and Turkey. We continue to focus on introducing undeniable product, investigating in inventory to maintain large stock levels and providing great customer service.”
Kahan said tariffs will largely affect imports, such as fabrics and other components which are used by upholstery manufacturers in the U.S.
“Import prices will rise, leading to manufacturers charging more for their finished products,” he said. “In the end, the sofa will cost the consumer more due to the tariffs.”