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Nike soars on a production shift away from China, but it warns of a $1 billion tariff hit
Nike’s shares jumped at the opening bell Friday after the company said it’s shifting some production away from China. But it ...
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 to cut China reliance to ease tariff hit, sending shares soaring
Nike said it would cut its reliance on production in China for the U.S. market to mitigate the impact from Washington's ...
Nike forecasts turnaround from dismal Q4 despite tariffs
Nike on Friday is forecasting a rebound from slow sales and profits in the last quarter and despite $1 billion added tariff ...
Nike shares jump on improved outlook, shift from China; analysts see recovery
Nike shares jump 10% on upbeat Q1 forecast, efforts to reduce China reliance, and signs of recovery despite ongoing margin ...
News Nation on MSN4h
Nike warns ‘surgical’ price increases are coming soon
Nike’s chief financial officer has warned of a “surgical price increase” on products sold in the United States as the company ...
Nike sees $1B hit from tariffs
The world's largest shoe company on Thursday said that current tariffs in place could lead to an additional cost increase of about $1B. Nike's ( NYSE: NKE) warning came after it reported FQ4 2025 ...
Al Jazeera on MSN8h
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.