Source: Reuters

Newell Brands: Sharpie maker Newell Brands working to reduce China dependency amid tariff pressure

Newell Brands'  (NWL.O), opens new tab CEO said on Friday it is aiming to reduce its reliance on Chinese suppliers to minimize the impact of U.S. import tariffs, following its unexpected quarterly loss forecast.

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Followers on Owler

1,445

Annual Revenue

$5.0-10B

Employees

10-50K

President & CEO

Christopher Peterson

CEO Approval Rating

82/100

Newell Brands is a Georgia-based holding company that owns and sells such brands as Coleman, Marmot, PaperMate& Parker pens Oster, Sunbeam, Yankee Candle and Rubbermaid.

Newell Brands: Sharpie maker Newell Brands working to reduce China dependency amid tariff pressure

Newell Brands' (NWL.O), opens new tab CEO said on Friday it is aiming to reduce its reliance on Chinese suppliers to minimize the impact of U.S. import tariffs, following its unexpected quarterly loss forecast.

Followers on Owler

Newell Brands'  (NWL.O), opens new tab CEO said on Friday it is aiming to reduce its reliance on Chinese suppliers to minimize the impact of U.S. import tariffs, following its unexpected quarterly loss forecast.