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With tariffs leading to price hikes, Nike plans to shift production and reduce its reliance on Chinese manufacturing by the ...
As North American sales decline and excess inventory looms, Nike aims for a cleaner inventory by fiscal 2026 while pivoting ...
Textile producers, electronics manufacturers and car suppliers are among those trying to make sense of a market in turmoil ...
Nike’s chief financial officer has warned of a “surgical price increase” on products sold in the United States as the company tries to reduce the impact of new fees on its manufacturing operations in ...
American athletic footwear and apparel corporation Nike has said it anticipates an additional USD1 billion in costs due to ...
Nike’s shares are rising sharply after saying it plans to shift some of its production away from China. The footwear and clothing company also said late Thursday that tariffs imposed by the Trump ...
The threat of more severe tariffs continues to hang over the economy. The current pause on a round of retaliatory tariffs ...
Wall Street hits record highs as investors cheer a U.S.-China trade deal, upbeat earnings, & a hot May PCE report.
President Trump on Friday said he was cutting off trade talks with Canada and threatened to set a new tariff rate on the ...
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