Nike to Raise US Prices and Return to Amazon as Tariffs Impact Costs
- Nike announced it will raise prices on various footwear, apparel, and equipment starting as soon as this week in the U.S..
- The price increases follow tariff hikes introduced under President Donald Trump's trade policies affecting imports from China and Vietnam.
- Nike is selectively raising prices by $2 to $10 on adult products, while maintaining current prices on kids' items and Jordan apparel.
- Prices for footwear priced $100 to $150 will increase by up to $5, and items above $150 may rise $10 according to sources familiar with the plan.
- These adjustments aim to offset tariff impacts amid profit pressures, with Nike cautious about families' budgets especially around the upcoming fall season.
42 Articles
42 Articles
Nike: Yep, We're Raising Prices
As President Trump's tariffs loom, Nike plans to raise prices on many of its footwear and apparel products. A source who spoke to CNBC didn't specifically mention tariffs, but said products for adults will increase in price anywhere from $2 to $10. The new prices will be reflected in stores...
Report: Nike to Hike Prices in Response to Trump Tariffs
Nike announced it will be raising prices for apparel and equipment sourced from overseas in response to President Donald Trump’s tariffs. Company executives plan to boost costs on a variety of items ranging from $2 to $10, The Hill reported Wednesday, citing a person familiar with the matter. Footwear priced between $100 and $150 will increase by $5, and shoes priced at more than $150 could face a $10 price hike. “We regularly evaluate our busin…
Nike to Sell on Amazon for First Time Since 2019
Six years after Nike stopped selling through Amazon in favor of going direct to customers through its own stores and website, the two companies are getting back together. Amazon plans to start selling Nike products with supplies coming directly from the company, an Amazon spokesperson confirmed ...
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