Stamford-based furniture company Lovesac prepares to move 75% of production out of China by 2020 as trade war intensifies

URLhttps://www.courant.com/news/connecticut/hc-news-c
SourceHartford Courant
Date Published10/03/2019
Author NameAmanda Blanco
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name LoveSac
Parent companyLoveSac
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2019
Country(ies) from which reshored:China
City reshored to:Stamford
State(s) reshored to:CT
If relevant, work nearshored to:-
Industry(ies):Furniture
Product(s) reshoredsectional sofas & beanbags
What non-domestic negative factors made offshoring less attractive?Green considerations, Tariffs
What domestic positive factors made reshoring more attractive?Other, reduce carbon footprint
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