I don't have access to the Sarlacc Pit, so I apologize if this shouldn't be posted here.
My question is, I had heard that Hasbro moved production into Vietnam and India. Theoretically, if tariffs are 'paused' would that mean Hasbro can avoid this 100%+ trade war, or was the Vietnam/India news more PR than actual production?
This week has been an emotional and financial rollercoaster.
You can apply for access to the Sarlacc Pit if you want to. The default is no access, but just ask if you want access. Its usually not too messy in there.
A couple of challenges with ever shifting tariffs and Hasbro:
- Hasbro overall has 40% of production still in China. Its hard to tell how much of Star Wars is there vs. Nerf and other things.
- Tariffs are charged on the import date, so today there may be 100% tariffs, and next week it might be 20%, and then later in the year it could be something different. Retailers, consumers, etc. can't easily plan around this ever shifting unknown.
- Running a business with such massive unknowns is really, really hard, and a lot of consumers won't understand what is going on. They'll think, "I preordered this for $18. Why am I being charged $27? I'm getting screwed by Hasbro/BBTS, etc." I think you may also see price guarantees like Amazon's go away, or they'll add line item "tariff passthrough charges" like BBTS.