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Efforts to bring garment production back to the U.S. also often overlook a complex reality: Many of the most cutting-edge, ...
Nike said it's raising prices to offset $1 billion in tariff costs, while it works on diversifying its sourcing and reducing its reliance on China.
Nike Stock Increase: Nike reports a significant shift in production away from China, leading to a surge in stock price. However, the company warns of a $1 billion hit from tariffs, prompting ...
Nike's shares jumped at the opening bell Friday after the company said it's shifting some production away from China. Nike is not the first retail company to warn of price hikes when students are ...
Nike’s shares are rising sharply after saying it plans to shift some of its production away from China.
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 imports, and forecast a smaller-than-expected drop in first-quarter ...
REUTERS — Nike said it would cut its reliance on production in China to mitigate the impact from US tariffs on imports. It forecast a smaller-than-expected drop in first-quarter revenue, sending ...
Nike’s shares jumped at the opening bell Friday after the company said it’s shifting some production away from China. But it also warned that tariffs imposed by the Trump administration… ...