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Beat the Competition with Pricing Intelligence What is Competitor Price Monitoring & How Can Price Benchmarking Benefit You? Product Matching in Fashion and Footwear: Use and BenefitsExisting users
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The Fundamentals of Merchandise Financial Planning Assortment Planning: Get Your Product Mix Right A Comprehensive Guide to Omnichannel Retail Strategy Spreadsheets vs. Retail PlanningQuick links
Beat the Competition with Pricing Intelligence What is Competitor Price Monitoring & How Can Price Benchmarking Benefit You? Product Matching in Fashion and Footwear: Use and BenefitsExisting users
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The Art of Assortment Optimization: 5 Challenges Every Brand and Retailer Faces 5 Signs Line Planning and Assortment Planning Don’t Match Up Line Planning vs Assortment Planning Perfecting Profitable Assortments A Full Guide to Assortment OptimizationResults matter. Explore the compelling strategic and operational gains our customers have made using Centric PLM.
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Import costs are going through the roof as the U.S.–China punitive tariff crisis escalates. In fact, tariffs on Chinese goods have surged into triple digits, effectively choking off trade and squeezing margins. In apparel alone, the average import duty more than doubled from 14.5% in 2024 to 30.6% in 2025—that’s an extra $26 billion in costs hitting retailers’ bottom lines. This tariff turbulence is forcing fashion and retail companies to make tough choices on pricing, sourcing and inventory amid unprecedented cost volatility.
Amid these headwinds, price elasticity has become a critical tool for guiding strategy. Unlike price sensitivity, which reflects perception and is qualitative, price elasticity reflects behavior and is a quantifiable measure of how demand responds to price changes. If a small increase in price causes demand to drop sharply, demand is elastic. If sales remain steady despite a price hike, demand is inelastic. Knowing how sensitive demand is to price changes – and how it differs by product and consumer segment – is now mission-critical for protecting revenue.
Understanding elasticity empowers retailers to answer hard questions with clarity:
The key is marrying elasticity insights with market intelligence. By monitoring competitive shifts, watching for consumer strain and adjusting in real time, retail teams strike the right balance between price and profitability—while staying aligned with customer expectations.
Join Sourcing Journal and Centric Software’s Ravi Rangan (Chief Technology Officer) and Jade Huang (VP, Strategy & Market Intelligence) as they will share how to translate elasticity metrics and AI market intelligence into real-world pricing, forecasting and sourcing decisions that directly safeguard margin, revenue and customer retention.
Tune in to the webinar to learn:
Watch the Replay now to see how leading brands turn tariff volatility into pro-active pricing, sourcing and inventory decisions with AI and elasticity insights.