0929 GMT - Luxury companies could have more capacity to maneuver than sporting-goods brands amid tariff uncertainty in the U.S., RBC Capital Markets analyst Piral Dadhania says. The luxury sector is less exposed to tariffs given higher margins, pricing power and lower presence in the U.S. on average, the analyst says. Companies can either raise prices, change their sourcing models, renegotiate supplier terms or absorb tariff costs, Dadhania says. Any implemented tariffs impacting luxury companies could result in higher prices in the U.S., the analyst says. There is higher tariff risk for Nike, Puma and Dr. Martens, while Moncler and LVMH are less exposed. (andrea.figueras@wsj.com)
(END) Dow Jones Newswires
April 01, 2025 05:30 ET (09:30 GMT)
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