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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 ...
With 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 ...
A new trade deal between the U.S. and Vietnam introduces tariffs, creating uncertainty for sportswear giants like Nike and ...
Nike, Inc.'s Q4 results show early progress with inventory stabilization and renewed strategies, sparking optimism. Click for ...
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.
The domestic footwear supply chain is almost non-existent - only about 1% of shoes sold are made in America. Pepper Harward, ...
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.
A Return to Innovation: Nike is deliberately shifting away from its heavy reliance on high-volume retro sneakers like the Air ...
Prices for goods made in China and sold on Amazon.com have been rising faster than overall inflation, according to an ...
Nike announced Thursday that it expects to incur $1 billion in additional costs due to tariffs imposed by President Donald ...
Nike has announced a major move to reduce its dependence on factories in China for making shoes sold in the United States.