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Farooq Kathwari

๐Ÿ‘ค Speaker
53 total appearances

Appearances Over Time

Podcast Appearances

Bloomberg Talks
Ethan Allen CEO Farooq Kathwari Talks Tariffs, Cautious Consumers

And we are still fortunately in a much, much better position than most, but still impacted.

Bloomberg Talks
Ethan Allen CEO Farooq Kathwari Talks Tariffs, Cautious Consumers

And I believe that if it was not the fact that we have a vertically integrated company, we did not have the fact that we maintain one brand.

Bloomberg Talks
Ethan Allen CEO Farooq Kathwari Talks Tariffs, Cautious Consumers

We don't sell a lot of different brands.

Bloomberg Talks
Ethan Allen CEO Farooq Kathwari Talks Tariffs, Cautious Consumers

Well, we are watching it very carefully.

Bloomberg Talks
Ethan Allen CEO Farooq Kathwari Talks Tariffs, Cautious Consumers

Obviously, we did take some relatively small price increase only because of the fact of our vertical integration, our making products in North America.

Bloomberg Talks
Ethan Allen CEO Farooq Kathwari Talks Tariffs, Cautious Consumers

If that was not the case, we do have some products coming in, like, for instance, rugs and accessories and lighting.

Bloomberg Talks
Ethan Allen CEO Farooq Kathwari Talks Tariffs, Cautious Consumers

It comes from all over, especially Asia.

Bloomberg Talks
Ethan Allen CEO Farooq Kathwari Talks Tariffs, Cautious Consumers

We have one plant in Indonesia.

Bloomberg Talks
Ethan Allen CEO Farooq Kathwari Talks Tariffs, Cautious Consumers

That has been impacted.

Bloomberg Talks
Ethan Allen CEO Farooq Kathwari Talks Tariffs, Cautious Consumers

However, overall, because of the fact of our...

Bloomberg Talks
Ethan Allen CEO Farooq Kathwari Talks Tariffs, Cautious Consumers

Our vertical integration, our efficiencies, we have not been able, we have been able to manage.

Bloomberg Talks
Ethan Allen CEO Farooq Kathwari Talks Tariffs, Cautious Consumers

Yes, it has impacted obviously our costs, some margins, but overall we've been able to not go out of the way and still operate well.

Bloomberg Talks
Ethan Allen CEO Farooq Kathwari Talks Tariffs, Cautious Consumers

Interesting thing is this, that our business is holding up with less traffic coming into our design centers.

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