Home furnishing chain RH to limit China sourcing as tariffs loom
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RH (RH) Gains as it Cuts China Product Sourcing
July 13, 2018 10:17 AM EDTRH (NYSE: RH) is gaining 7% in early trade after the company said it will cut its product sourcing from China.
The Company expects to source approximately 35% of its product from China in fiscal 2018, and that imports from China will be approximately 25% to 30% in fiscal 2019.... More
