How a family-owned costume shop is adapting to Trump's tariffs this Halloween season
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How a family-owned costume shop is adapting to Trump's tariffs this Halloween season
"If people have less money in their pocket to spend, ... then costumes are going to be lower on their list,"
"So the more we have to invest in new products, the riskier it is for the business because we aren't going to sell it."
"They're a staple piece that gets transformed by the accessories we pair with them,"
Chicago Costume and its sister store are filled with packaged costumes, wigs, fake blood and vintage 1970s clothes. Owner Courtland Hickey ordered 40% fewer costumes because President Donald Trump's tariffs on products from China increased import costs. To avoid storewide price increases and unsold inventory, the shop sorted several thousand unsold items from backrooms and a warehouse and repackaged vintage rental pieces with fresh items. A surplus of black robes was adapted into wizard, judge, choir and graduation costumes, and employees sewed miter headdresses and other accessories. The shop was founded in 1976 by Mary Hickey Panayotou.
Read at Fast Company
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