Browse Category

NASDAQ:JOAN News 12 October 2025

Tariff Shock: Iconic 169-Year-Old Orvis Slashes 36 Stores

Tariff Shock: Iconic 169-Year-Old Orvis Slashes 36 Stores

Orvis’s announcement on Oct. 10, 2025 took many by surprise. The Boston Globe and Fox Business report that Orvis – one of America’s oldest outfitters – will shutter 36 stores by early 2026 bostonglobe.com retaildive.com. In a statement, Orvis President Simon Perkins explained that “changes in US trade policy had … caused a sizable shift” in the company’s model bostonglobe.com. He said the firm must “rescale the business by tightening our assortment and reducing our corporate store footprint” to ensure “a durable brand and model for decades to come” bostonglobe.com fox10phoenix.com. As Perkins put it, Orvis is “returning to our
12 October 2025
Go toTop