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.
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The athletics shoe Nike Cortez has regained popularity through pop culture: Forrest Gump and Steve in "Stranger Things" wear the popular sneaker.
·Frankfurt, Germany
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Leaning Left19Leaning Right6Center40Last UpdatedBias Distribution62% Center
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C 62%
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