Groupe Dynamite suffers from Trump tariff chaos despite supply chain flexibility


Source: theglobeandmail.com theglobeandmail.com

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Open this photo in gallery: Groupe Dynamite operates 115 stores in the U.S. in addition to its 182 locations in Canada.Graham Hughes/The Canadian Press As it copes with U.S. President Donald Trump’s global trade war, Groupe Dynamite Inc. GRGD-T has found that fast-fashion cuts both ways. The Montreal-based retailer – which relies on the U.S. market for the bulk of its growth – was quick to feel the effects of the U.S. tariffs against countries that manufacture its goods, particularly China and other countries that manufacture clothing for its Dynamite and Garage store chains. That is because the company does...