An additional 25% tariff on all imports from India became effective on August 27, 2025, posing a new challenge for the jewelry industry. This development is expected to impact the cost structure for companies sourcing materials from the region.
Brilliant Earth acknowledged the new tariff, stating that its diversified supply chain and dynamic operating model position it to navigate this industry-wide challenge. The company's agile approach is crucial in adapting to evolving trade policies.
The company's outlook for the second half of 2025 anticipates some downward impact on gross margin from these tariffs. This comes alongside potential pressures from higher gold and platinum spot prices, affecting overall profitability.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.