Textile producers, electronics manufacturers and car suppliers are among those trying to make sense of a market in turmoil ...

Wall Street hits record highs as investors cheer a U.S.-China trade deal, upbeat earnings, & a hot May PCE report.

With tariffs leading to price hikes, Nike plans to shift production and reduce its reliance on Chinese manufacturing by the ...

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 ...

With the new tariff rates in place today, we estimate a gross incremental cost increase to Nike of approximately $1 billion.

As North American sales decline and excess inventory looms, Nike aims for a cleaner inventory by fiscal 2026 while pivoting ...

Company hopes to offset $1B tariff costs by reducing China imports, introducing price hikes, and cutting expenses - Anadolu Ajansı ...