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Nike reports a significant shift in production away from China, leading to a surge in stock price. However, the company warns ...
With the new tariff rates in place today, we estimate a gross incremental cost increase to Nike of approximately $1 billion.
Nike stocks soared Friday, despite a 12% revenue slump in the fourth quarter. CEO Elliott Hill told analysts Thursday he ...
With tariffs leading to price hikes, Nike plans to shift production and reduce its reliance on Chinese manufacturing by the ...
Nike’s shares are rising sharply after saying it plans to shift some of its production away from China. The footwear and clothing company also said late Thursday that tariffs imposed by the Trump ...
As North American sales decline and excess inventory looms, Nike aims for a cleaner inventory by fiscal 2026 while pivoting ...
Wall Street hits record highs as investors cheer a U.S.-China trade deal, upbeat earnings, & a hot May PCE report.
Company hopes to offset $1B tariff costs by reducing China imports, introducing price hikes, and cutting expenses - Anadolu Ajansı ...
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Raw Story on MSNTrump’s trade war comes for Nike sneakers: 'Major impact at the cash register'Nike is warning that Donald Trump’s tariffs will soon cost U.S. consumers at the cash register, saying sneaker prices will ...
The threat of more severe tariffs continues to hang over the economy. The current pause on a round of retaliatory tariffs ...
US stocks hit record highs as S&P500 and Nasdaq surge. Trade hopes, inflation data, and tech stocks drive a bullish forecast ...
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