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Nike to reduce China production as tariffs threaten $1 billion cost increase; stock up 11%
Nike (NYSE:NKE) on Thursday said it would cut its reliance on production in China to mitigate the impact of US tariffs on ...
Nike plans to reduce reliance on China production for US market to soften tariff blow
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 to cut China reliance to ease tariff hit, sending shares soaring
Nike said it would cut its reliance on production in China for the U.S. market to mitigate the impact from Washington's ...
Nike plans to reduce China production to soften US tariff blow, shares jump
Nike said it would cut its reliance on production in China to mitigate the impact from U.S. tariffs on imports, and forecast ...
Nike to cut China output by 2026 as Trump tariffs threaten $1 billion hit
Nike plans to reduce China-made shoe imports to the US as tariffs rise; firm bets on running category rebound and price hikes ...
Nike shares jump on improved outlook, shift from China; analysts see recovery
Nike shares jump 10% on upbeat Q1 forecast, efforts to reduce China reliance, and signs of recovery despite ongoing margin ...
Nike sees $1B hit from tariffs
The world's largest shoe company on Thursday said that current tariffs in place could lead to an additional cost increase of ...
Nike plans 'surgical' price increases as it expects $1 billion hit from tariffs
Nike said it's raising prices to offset $1 billion in tariff costs, while it works on diversifying its sourcing and reducing ...
Nike warns of whopping $1B hit from tariffs — but shares jump on upbeat sales forecast
Under Hill, who joined in October last year, Nike is investing more into marketing focused on sports, with marketing spending ...
Nike says its tariff bill is $1 billion
Nike is forecasting it will have to pay $1 billion in additional costs because of President Donald Trump’s tariffs, the activewear giant announced Thursday.
Nike to reduce reliance on China, says U.S. tariffs will add $1-billion to costs
The company aims to shift production to other countries to try and minimize the effect of tariffs on consumers ...
Nike says U.S. tariffs will add US$1 billion to costs, plans to reduce China production
Nike expects U.S. tariffs on imports to add around US$1 billion to its costs, the sportswear giant said on Thursday, ...