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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.
Nike faces a $1 billion impact from US tariffs on Chinese imports, likely passing costs to consumers as part of its restructuring plan to cut reliance on Chinese factories and refocus on core sports ...
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 on Friday is forecasting a rebound from slow sales and profits in the last quarter and despite $1 billion added tariff ...
Nike's shares surged as it announced a shift in production away from China to avoid tariffs. The company foresees a USD 1 ...
Nike’s shares jumped at the opening bell Friday after the company said it’s shifting some production away from China. But it ...
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