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Nike on Friday is forecasting a rebound from slow sales and profits in the last quarter and despite $1 billion added tariff ...
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Scripps News on MSNTariffs force Nike to boost prices, costing customers $1 billionWith tariffs leading to price hikes, Nike plans to shift production and reduce its reliance on Chinese manufacturing by the ...
The company released its fiscal 2025 fourth-quarter earnings on June 26 (for the quarter ended May 31). While revenue fell ...
7d
Free Malaysia Today on MSNFor retailers, US-Vietnam trade deal leaves questionsA trade deal announced by the U.S. and Vietnam creates new question marks for sportswear and clothing retailers like Nike and ...
Nike said about 16% of the footwear it imports into the US is currently made in China, a figure it plans to reduce to the high-single-digit range by the end of fiscal 2026.
10don MSN
Numerous consumer companies have warned of tariff-led price hikes, including the largest U.S. retailer Walmart. Department store chain Macy's said it was selectively raising prices to offset tariffs.
The domestic footwear supply chain is almost non-existent - only about 1% of shoes sold are made in America. Pepper Harward, ...
A Return to Innovation: Nike is deliberately shifting away from its heavy reliance on high-volume retro sneakers like the Air ...
13d
Regtechtimes on MSNNike Shakes Up Supply Chain to Soften $1B Tariff BlowNike has announced a major move to reduce its dependence on factories in China for making shoes sold in the United States.
Prices for goods made in China and sold on Amazon.com have been rising faster than overall inflation, according to an ...
The deal with Vietnam seeks to stop Chinese-made goods from transiting through the southeast Asian country to avoid higher ...
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