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Nike warned that tariffs imposed by President Donald Trump will cost the company about $1 billion as it looks to make ...
Nike warned on its post-earnings call that if President Donald Trump’s tariff policies were to remain at their current level, they could cost the company nearly $1 billion.
Nike announced Thursday that it expects to incur $1 billion in additional costs due to tariffs imposed by President Donald ...
Under Hill, who joined in October last year, Nike is investing more into marketing focused on sports, with marketing spending ...
Leading companies such as Nike, Walmart, and Shein are indicating that new tariffs imposed by President Donald Trump are ...
Trump's tariffs have companies scrambling as they navigate cost increases. Here are the companies that have talked about ...
Nike is taking action to combat a $1 billion cost increase from tariffs, including “a surgical price increase” in the U.S.
“These tariffs represent a new and meaningful cost headwind,” said Matthew Friend, Nike’s chief financial officer, via The ...
Nike has warned that tariffs introduced by President Donald Trump could raise its costs by $1 billion this year.
Nike's shares jumped at the opening bell Friday after the company said it's shifting some production away from China. But it ...
This is part of a strategy to mitigate the impact of Trump's tariffs. Currently, China accounts for 16% of Nike footwear that ...
The tariff challenge comes as Nike reported mixed fourth-quarter results, with revenue of $11.1 billion beating estimates of ...