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Nike Fights $1B Tariff Hit with Sourcing Shifts, Price Hikes

Summary by supplychaindive.com

The sneaker giant has a four-pronged approach to mitigating tariffs that it will implement throughout fiscal 2026.

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Nike Will Try to Dodge Tariffs with Less Production in China and Return to Amazon to Relaunch Its Sales

The sportswear giant recognizes that he will have to change his supplier model to mitigate the tariff barriers that, for the time being, are going to be a blow of $1 billion.Nike’s profit is sinking by 30% and assumes that recovering sales will take him “time.” Nike is one of the U.S. multinationals that is giving more clues about how his management is going to be after the tariff measures he has put in place – and with which he continues to thr…

1 day ago·Spain

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Nike Likely to Hike Prices More After Vietnam Tariff Deal

Nike will face pressure to raise prices higher than expected after the U.S. and Vietnam reportedly reached a new trade agreement that boosts tariffs, according to an analyst.

1 day ago

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