Farooq Kathwari
๐ค SpeakerAppearances Over Time
Podcast Appearances
And we are still fortunately in a much, much better position than most, but still impacted.
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.
We don't sell a lot of different brands.
Well, we are watching it very carefully.
Obviously, we did take some relatively small price increase only because of the fact of our vertical integration, our making products in North America.
If that was not the case, we do have some products coming in, like, for instance, rugs and accessories and lighting.
It comes from all over, especially Asia.
We have one plant in Indonesia.
That has been impacted.
However, overall, because of the fact of our...
Our vertical integration, our efficiencies, we have not been able, we have been able to manage.
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.
Interesting thing is this, that our business is holding up with less traffic coming into our design centers.