News Analysis
To mitigate the cost of tariffs, RH plans to shift most of its production operations from China to the United States and Italy.
RH Plans to Move Production From China to US and Italy
The luxury home furnishing retailer reported higher revenue for the first quarter of fiscal 2025. Its stock price surged nearly 7 percent on June 13.
A view of the RH Modern Gallery during the ribbon-cutting ceremony and grand opening in Los Angeles, Calif., on Nov. 6, 2015. Rachel Murray/Getty Images for RH
Panos Mourdoukoutas
Author
Panos Mourdoukoutas is a professor of economics at Long Island University in New York City. He also teaches security analysis at Columbia University. He’s been published in professional journals and magazines, including Forbes, Investopedia, Barron's, IBT, and Journal of Financial Research. He’s also the author of many books, including “Business Strategy in a Semiglobal Economy” and “China's Challenge.”
