Market Disruption: Tariff Increases Create Opportunities in Event Furniture
Metallic Silver Onyx Steel Skeleton Barstool
Chestnut Resin Wood Grain Folding Chair
Heavy Duty Plywood Folding Table
Chivari's Significant Inventory Offsets Increased Costs
“The impact of these tariffs is far-reaching,” noted Chivari’s CEO, Richard Wallet. “A product that retailed for $50 just last week, could now see its price soar to $70 or more, as the domino effect is felt through the entire supply chain. This poses a serious challenge for venues and event rental companies striving to maintain profitability amid escalating costs.”
In anticipation of these challenges, Chivari implemented a proactive strategy to mitigate disruption. The company strategically amassed nearly $20 million in inventory, ensuring a steady supply of products at current pricing. At the heart of this initiative is Chivari’s expansive 138,000-square-foot distribution center in Las Vegas, complementing existing distribution centers in Chicago and South Florida.
However, this inventory is only a temporary safeguard. Once current stock levels deplete, rising costs will be unavoidable, making now the critical time for businesses to fulfill their needs. In response, Chivari is offering customers an opportunity to lock in today’s pricing to secure their bottom line against future inevitable price increases.
"We’re not just navigating a shifting market, we’re allowing customers to continue enjoying lower prices for as long as possible as a result of our massive inventory investment," Wallet added. "By securing inventory in advance of any tariff announcements, we’re giving businesses the ability to make informed, cost-effective decisions in an unpredictable economic climate."
For venues, rental companies, and other businesses who need to ensure their event furniture investments are both popular and profitable, the message is clear: acting now can lead to substantial savings. Chivari’s expert team is available to provide personalized guidance, ensuring clients can make smart purchasing decisions during this pivotal moment.
About Chivari:
Chivari has grown from a family-owned business to an international leader in commercial event furniture. Known for its affordably luxurious offerings, Chivari continues to innovate new and enhanced products that set trends throughout the industry. With a focus on customization, quality, and unsurpassed client service, Chivari designs its products in the USA at The Chivari Design Studio, and they’re built to exact specifications and quality control in our overseas factory, ensuring they meet the highest standards of style, durability, and comfort.
Vanessa Fuller
Chivari
+1 305-509-8630
email us here
Visit us on social media:
Facebook
X
LinkedIn
Instagram
YouTube
TikTok
Other
The Strongest Event Furniture on the Planet
Distribution channels: Business & Economy, Consumer Goods, Food & Beverage Industry, Furniture & Woodworking Industry, Real Estate & Property Management
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Submit your press release