Orvis to Close Half of Its Stores Nationwide Amid Rising Tariff Challenges

A renowned sporting goods retailer based in Vermont has announced the closure of 31 stores and five outlets across the nation. This decision is influenced by the challenges posed by an “unprecedented tariff landscape.” The closures are set to occur by the beginning of next year, as stated by Simon Perkins, the company’s president.

Orvis Faces Tariff Challenges

Orvis, a company well-regarded for its fly-fishing equipment and apparel, is headquartered in Sunderland, Vermont. Known for its rich history dating back to 1856, Orvis also markets shooting equipment, home furnishings, and pet products. The company operates fishing and shooting schools alongside an outdoor travel agency.

Restructuring and Focus

The business landscape changes in the US have significantly impacted Orvis’s business model. Perkins emphasized the need to return to the company’s roots, focusing on fly fishing and wingshooting to ensure long-term sustainability. This strategy involves reducing their corporate footprint by closing numerous stores nationwide.

Store Closures Across the Nation

• Orvis operates a total of 70 locations across the United States.
• The closures will impact over half of its existing retail outlets.
• The flagship store in Manchester, Vermont, will remain operational.

Details on how many employees of the company, which employs around 1,500 people in the US, will be affected by the closures were not disclosed.

Manufacturing and Tariff Impacts

While Orvis produces its own fly rods in the US, many of its products, such as apparel and home goods, are manufactured overseas, making them subject to tariffs. These tariffs, imposed during the Trump administration, have contributed to the current financial pressures on the company.

Simon Perkins highlighted the difficult decision to scale back store operations as part of a strategy to safeguard the company’s future, emphasizing a renewed focus on its core strengths.