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Wall Street hits record highs as investors cheer a U.S.-China trade deal, upbeat earnings, & a hot May PCE report.
With tariffs leading to price hikes, Nike plans to shift production and reduce its reliance on Chinese manufacturing by the ...
With the new tariff rates in place today, we estimate a gross incremental cost increase to Nike of approximately $1 billion.
The threat of more severe tariffs continues to hang over the economy. The current pause on a round of retaliatory tariffs ...
Nike stocks soared Friday, despite a 12% revenue slump in the fourth quarter. CEO Elliott Hill told analysts Thursday he ...
Nike plans big sourcing changes and forecasts a revenue dip, but it’s not all bad news. Here's what the sportswear giant is ...
Nike’s shares jumped at the opening bell Friday after the company said it’s shifting some production away from China. But it ...
The world's largest shoe company on Thursday said that current tariffs in place could lead to an additional cost increase of ...