Tariff Shock: Iconic 169-Year-Old Orvis Slashes 36 Stores
Orvis will close 36 U.S. stores—about half its retail footprint—by early 2026, citing steep tariff-driven cost increases. Company leaders blamed 2025 tariffs for raising input costs by 16%. Orvis will exit home and gift lines, focusing on fly fishing and wingshooting. The move follows widespread retail job cuts and store closures across the sector.