My baby business was pummeled by tariffs on China and Canada. It's taught me perseverance.
Garett Senez's company Quark Baby is based in Canada and manufactured in China. The tariffs required him to switch up his supply chain to survive.
Garett Senez, the 39-year-old founder and CEO of Quark Baby, had his business hit by tariffs on China and Canada. 90% of his company's business is in the US, and they also manufactured in China. The tariffs were a shock, forcing Senez to outsource production to Korea, which came at a significant cost of under $1 million. The tariffs also led to lost sales, stockouts, and difficulty in meeting purchase orders.
Despite the challenges, Quark Baby has managed to recover and is now back on a steady track. Senez credits the Canadian government's support and the tight-knit nature of the baby industry for helping them navigate the difficulties. He emphasizes the importance of perseverance and continuous innovation in entrepreneurship, even in tough times.
Written by urgent.news from Business Insider's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.