Five Below, the 1,500-store chain that grew rapidly by selling cheap sunglasses, LED watches, and many other brightly colored Chinese-made items has paused its Chinese imports, citing the rapid rise in U.S. tariffs that have more than doubled costs on new inventory. “In order to ensure maximum flexibility, we proactively paused orders from China, given the escalation in …
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Five Below, the 1,500-store chain that grew rapidly by selling cheap sunglasses, LED watches, and many other brightly colored Chinese-made items has paused its Chinese imports, citing the rapid rise in U.S. tariffs that have more than doubled costs on new inventory.
“In order to ensure maximum flexibility, we proactively paused orders from China, given the escalation in the tariffs, as we evaluate all options” to find “trend-right products” at attractive prices, Five Below said in a statement.
