Global sportswear giant Nike is reportedly bracing for a $1 billion blow from US tariffs on Chinese-made imports, a cost surge it admits will be passed, at least partly, onto customers. The warning ...

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 ...

Nike is forecasting a rebound from slow sales and profits in the last quarter and despite $1 billion in added tariff costs on ...

While the worst could be behind the company, it has new challenges such as tariffs to face, making a tough turnaround that ...