Watermark Living Announces Positioning for Reduced Tariff Impact on Retail Partners
Furniture World News Desk on
6/18/2019
Watermark Living announced its positioning efforts to alleviate the full impact of the May 2019 tariffs being imposed on Chinese imports. With WaterMark Living’s procurement practices including Made In America components combined with its southeast Asia supply chain, the company is able to mitigate the full impact of tariffs on its retail partners. A continuous effort to leverage technology and efficiency throughout the supply chain continues to assist in these efforts as well.
“Our team has worked in anticipation of the tariff to educate our retailers on how our products are produced and what efforts we are making to lessen the inevitable impact,” said Chad Harper, national sales manager, Watermark Living. “We get our foam and fabric domestically and, therefore, the tariffs only affect the frames for outdoor. Our rattan is sourced from areas outside of China and there has been no impact from tariffs. Watermark is known for operational and supply chain efficiency with long term supplier relationships. We do not have standard year-over-year price increases. As a company, we will be required to make some adjustments. These adjustments will be nowhere near the increases other manufacturers compound annually or of others that bring in the entire product will be forced to pass on.”
Watermark Living’s complete line of accessories for their Outdoor Made Easy total home program including outdoor artwork, lighting and novelty décor will not be affected by tariffs.
For more information about Watermark Living and its line of quality products, visit
www.watermark-living.com.
About Watermark Living: Watermark Living is a complete casual resource with more than four decades of dedication in sourcing quality outdoor and rattan products designed and proven to stand the test of time. Created by retailers for retailers, Watermark Living provides fashionable product that is highly customizable with quick turn-around times, from deep seating to casual dining, lighting and accessories. For more information, visit www.watermark-living.com.