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Retailers may not be able to fully offset these tariffs, as countering the impact of the levies on Vietnam alone would require price increases of 10% to 12%, analysts say.
Nike, one of the biggest sportswear brands in the world, is already struggling with falling sales. Now, things could get even worse. The United States government is planning to impose new tariffs on ...
Retailers and brands have turned to Vietnam to manufacture goods from sneakers to couches while moving some or all production out of China.
Swiss bank UBS estimates that there will be a 10% to 12% increase in the prices of goods that come from Vietnam - where Nike ...
Morgan Stanley recently wrote that investors are underappreciating the potential impact of tariffs on Vietnam. Nike (NKE) shares are tumbling 13% in intraday trading Thursday after President ...
Nike Inc. (NKE) has found itself caught in the crosshairs of ongoing tariff updates, particularly following the latest round ...
Prices of Nike Jordan and Adidas Samba ... Retailers may not be able to fully offset these tariffs, as countering the impact of the levies on Vietnam alone would require price increases of 10% ...
The average U.S. tariff rate on footwear from Vietnam is 13.6% ... which holds Nike shares. "But what if it gets worse?" INDUSTRY BRACES FOR IMPACT Some smaller, younger sportswear brands are ...
New tariffs imposed by the U.S. on China and other countries may significantly increase prices for tech, clothing, and ...
The Trump administration announced Tuesday that the levy on products from China will soar to 104%, while goods from Vietnam ...