Weleda Considers U.S. Production to Counter Trump Tariffs
The Swiss natural cosmetics leader explores U.S. manufacturing options as new tariffs on European imports threaten its supply chain.
- Weleda is evaluating the feasibility of establishing production facilities in the United States to mitigate the impact of newly imposed U.S. tariffs on European imports.
- U.S. President Donald Trump has implemented a 25% tariff on auto imports and is expected to announce further tariffs on additional product categories, raising concerns for European companies like Weleda.
- The company achieved record global revenues of €456.2 million in 2024, with pre-tax profits doubling to €28.3 million, driven by strong growth across multiple regions including the U.S., Asia, and Europe.
- Weleda is expanding its workforce in Schwäbisch Gmünd, Germany, where rising demand for eye care products has boosted production by 32%, largely due to screen-related eye strain.
- To target younger audiences, Weleda is leveraging TikTok for marketing and preparing to launch a new product line for children and teenagers in collaboration with Princess Madeleine of Sweden.