How To Thrive Amidst Trade War Woes According To Ethan Allen Interiors CEO [Forbes]
Ethan Allen Interiors, Inc (ETH)
Last ethan allen interiors, inc earnings: 2/4 04:05 pm
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Source: Forbes
How To Thrive Amidst Trade War Woes According To Ethan Allen Interiors CEO Farooq Kathwari, chairman and chief executive officer of Ethan Allen Interiors Inc. (Photographer: Michael Nagle/Bloomberg) © 2016 Bloomberg Finance LP Farooq Kathwari, chairman and CEO of Connecticut-based Ethan Allen Interiors since 1987, has been successfully doing business in China for over four decades. Despite trade tensions between the U.S. and China, the American furniture maker is expanding in China. For almost two decades, Ethan Allen has exported its furniture to China rather than make it, and sell it, there. FORBES ASIA: What kind of opportunities do you see these days? Kathwari: Why manufacture in the U.S. and Mexico and ship to China, rather than manufacture and sell in China? We used to buy leather upholstery from China and now we're shipping from Mexico to China. We did it because we have to be competitive. The Chinese aren’t going to buy from us if they can make products at the same quality we
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