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Nike is taking action to combat a $1 billion cost increase from tariffs, including “a surgical price increase” in the U.S.
Nike’s shares jumped at the opening bell Friday after the company said it’s shifting some production away from China. But it ...
Nike on Friday is forecasting a rebound from slow sales and profits in the last quarter and despite $1 billion added tariff ...
Nike has warned that tariffs introduced by President Donald Trump could raise its costs by $1 billion this year.
While the worst could be behind the company, it has new challenges such as tariffs to face, making a tough turnaround that ...
With tariffs leading to price hikes, Nike plans to shift production and reduce its reliance on Chinese manufacturing by the ...
14h
Raw Story on MSNTrump’s trade war comes for Nike sneakers: 'Major impact at the cash register'Nike is warning that Donald Trump’s tariffs will soon cost U.S. consumers at the cash register, saying sneaker prices will ...
Your Nike shoes are about to cost a whole lot more thanks to Donald Trump, company warns - The sports giant appears to be ...
23h
Al Jazeera on MSNNike to raise costs as Trump’s tariffs on China biteNike joins companies like Walmart, Target and Mattel that have said they will need to raise prices because of tariffs.
23h
Soy Carmín on MSNYour Wallet's Warning: How Tariffs on Major Brands Like Nike, Walmart, and Shein Could Hike Your Everyday PricesLeading companies such as Nike, Walmart, and Shein are indicating that new tariffs imposed by President Donald Trump are ...
Nike faces a $1 billion impact from US tariffs on Chinese imports, likely passing costs to consumers as part of its restructuring plan to cut reliance on Chinese factories and refocus on core sports ...
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