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Nike says U.S. tariffs will add US$1 billion to costs, plans to reduce China production
Nike expects U.S. tariffs on imports to add around US$1 billion to its costs, the sportswear giant said on Thursday, ...
Nike warns of whopping $1B hit from tariffs — but shares jump on upbeat sales forecast
Under Hill, who joined in October last year, Nike is investing more into marketing focused on sports, with marketing spending ...
Nike plans to reduce reliance on China production for US market to soften tariff blow
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 ...
Nike revenue is way down. Here’s why
Nike’s revenue is down due to a combination of factors including reduced consumer spending, particularly in key markets like ...
Nike to reduce reliance on China, says U.S. tariffs will add $1-billion to costs
The company aims to shift production to other countries to try and minimize the effect of tariffs on consumers ...
Al Jazeera on MSN2h
Nike to raise costs as Trump’s tariffs on China bite
Nike joins companies like Walmart, Target and Mattel that have said they will need to raise prices because of tariffs.
Malay Mail17h
Nike to shift US-bound production out of China as Trump tariffs bite
Nike said it would cut its reliance on production in China for the US market to mitigate the impact from US tariffs on ...
EssentiallySports on MSN14h
Calls Mount Against Kobe Bryant X FC Barcelona Release, Putting Nike Project in Jeopardy
I still love AC Milan — though they don’t wear my brand of choice — and FC Barcelona. If you cut my arm open, man, you’d see ...
Nike's outlook wakes up its stock. But execs still see a long road to full recovery.
Shares of the athletic-gear maker (NKE) jumped 9.1% toward a four-month high in Friday's premarket, after management's first-quarter sales forecast wasn't as bad as expected, even as executives warned ...