The sportswear brand has been suffering from declining sales for some time, and its supply chain will be hit hard by new import taxes.

Group of Seven nations agreed to exempt U.S. companies from a 15% minimum corporate tax rate, the countries said in a joint ...

It’s an economic theory named for John Maynard Keynes, who suggested that government intervention is needed, especially ...

American athletic footwear and apparel corporation Nike has said it anticipates an additional USD1 billion in costs due to ...

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.

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 ...