US EditionNike 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.
72 Articles
72 Articles
Adidas, Puma expected to hike prices due to tariffs following Nike’s lead: ‘Moment they were waiting for’
Adidas and Puma are likely to hike prices for running shoes and sportswear in the United States, following Nike's lead, analysts and investors said on Thursday, as US tariffs on imports drive costs up for retailers.
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