Back to today’s briefing

Story perspectives

Orvis to Close 31 Stores Amid Rising Tariff Costs

11/3/2025

40 8

Summary

Story summary

Orvis, Vermont-based, will close 31 stores and five outlets by early 2026 due to rising tariff costs, per Simon Perkins, Orvis President.
Orvis, a 169-year-old company, aims to focus on its core strengths and reduce its product offerings.
Orvis plans to invest in gear, apparel, and conservation efforts while phasing out older products.
Orvis employs about 1,500 people and has over 550 independent dealers across the United States.

1 of 1

Story summary

Orvis, Vermont-based, will close 31 stores and five outlets by early 2026 due to rising tariff costs, per Simon Perkins, Orvis President.
Orvis, a 169-year-old company, aims to focus on its core strengths and reduce its product offerings.
Orvis plans to invest in gear, apparel, and conservation efforts while phasing out older products.
Orvis employs about 1,500 people and has over 550 independent dealers across the United States.