Furniture retailers, including Lovesac, experienced stock declines on August 25, 2025, following the announcement of an investigation by the Trump administration that could lead to higher tariffs on imported furniture.
This potential increase in levies is a concern for the industry, which has already been making efforts to diversify supply chains to avoid previous tariffs.
The furniture sector is anticipated to be among those hardest hit by these new tariffs, potentially affecting profitability and operational costs for companies like Lovesac.
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