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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 said it's raising prices to offset $1 billion in tariff costs, while it works on diversifying its sourcing and reducing ...
Under Hill, who joined in October last year, Nike is investing more into marketing focused on sports, with marketing spending ...
The tariff challenge comes as Nike reported mixed fourth-quarter results, with revenue of $11.1 billion beating estimates of ...
The sneaker and athletic apparel company said sales in North America fell 11% to $4.7 billion from a year ago, driven by ...
Nike shares jumped in extending trading Thursday after the sports apparel and equipment maker posted quarterly results above ...
The Trump administration’s tariffs could cost Nike $1 billion if left at current levels, according to the company's CFO.
Nike reported sharply lower quarterly profits Thursday, but signaled it was past the worst stage of a corporate retooling as ...
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