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With tariffs leading to price hikes, Nike plans to shift production and reduce its reliance on Chinese manufacturing by the ...
As North American sales decline and excess inventory looms, Nike aims for a cleaner inventory by fiscal 2026 while pivoting ...
Nike reports a significant shift in production away from China, leading to a surge in stock price. However, the company warns ...
Nike stocks soared Friday, despite a 12% revenue slump in the fourth quarter. CEO Elliott Hill told analysts Thursday he ...
With the new tariff rates in place today, we estimate a gross incremental cost increase to Nike of approximately $1 billion.
American athletic footwear and apparel corporation Nike has said it anticipates an additional USD1 billion in costs due to ...
Nike’s shares are rising sharply after saying it plans to shift some of its production away from China. The footwear and clothing company also said late Thursday that tariffs imposed by the Trump ...
The threat of more severe tariffs continues to hang over the economy. The current pause on a round of retaliatory tariffs ...
Wall Street hits record highs as investors cheer a U.S.-China trade deal, upbeat earnings, & a hot May PCE report.
Nike is warning that Donald Trump’s tariffs will soon cost U.S. consumers at the cash register, saying sneaker prices will ...