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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's shares jumped at the opening bell Friday after the company said it's shifting some production away from China. But it also warned that tariffs imposed by the Trump administration will cost it ...
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 said it's raising prices to offset $1 billion in tariff costs, while it works on diversifying its sourcing and reducing ...
Company executives say the sportwear giant will cut its reliance on producing goods in China to ease the impact of US trade policies.
U.S. equities gained at midday on word of a U.S.-China trade agreement and indications from the White House that more deals are coming.
Nike stock rose Wednesday after Trump said the US had struck a trade deal with Vietnam, a key import source for the company ...
Nike's shares jumped at the opening bell Friday after the company said it's shifting some production away from China. But it also warned that tariffs imposed by the Trump administration will cost ...
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 ...
Nike’s shares jumped at the opening bell Friday after the company said it’s shifting some production away from China. But it also warned that tariffs imposed by the Trump administration… ...
Nike said it would cut its reliance on production in China to mitigate the impact from US tariffs on imports. It forecast a ...
Nike's shares jumped at the opening bell Friday after the company said it's shifting some production away from China. But it also warned that tariffs imposed by the Trump administration will cost ...