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Nike stock rose Wednesday after Trump said the US had struck a trade deal with Vietnam, a key import source for the company ...
Nike said it's raising prices to offset $1 billion in tariff costs, while it works on diversifying its sourcing and reducing ...
Nike (NKE) stock gains after President Trump announced a US–Vietnam trade deal. While investors wait for the specifics of the ...
Nike’s revenue is down due to a combination of factors including reduced consumer spending, particularly in key markets like China, inventory issues and competition.
Nike has said it will cut its reliance on production in China for the United States market to mitigate the impact from US tariffs on imports, and forecast a smaller-than-expected drop in first ...
REUTERS — Nike said it would cut its reliance on production in China to mitigate the impact from US tariffs on imports. It forecast a smaller-than-expected drop in first-quarter revenue, sending ...
Nike said it would cut its reliance on production in China for the U.S. market to mitigate the impact from U.S. tariffs on imports, and forecast a smaller-than-expected drop in first-quarter revenue, ...
Nike shares saw a surge following the announcement of production shift from China. The company anticipates tariff costs of approximately USD 1 billion. Price increases are expected in the US this ...
Nike said it would cut its reliance on production in China for the United States market to mitigate the impact from US tariffs on imports, and forecast a smaller-than-expected drop in first ...
Vietnam is a top destination for retailers and brands looking to reduce their reliance on factories in China, but has also ...
“These tariffs represent a new and meaningful cost headwind,” said Matthew Friend, Nike’s chief financial officer, via The Guardian. “With the new tariff rates in place today, we estimate a gross ...