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Nike soars on a production shift away from China, but it warns of a $1 billion tariff hit
Nike’s shares jumped at the opening bell Friday after the company said it’s shifting some production away from China. But it also warned that tariffs imposed by the Trump administration will cost it about $1 billion before it makes internal changes,
It’s an economic theory named for John Maynard Keynes, who suggested that government intervention is needed, especially ...
Nike’s pivot back to sports performance over lifestyle products should slow sales declines and help stoke a turnaround that ...
Nike said it would cut its reliance on production in China for the U.S. market to mitigate the impact from U.S. tariffs on ...
Photo: Levi’s] For their latest joint collection, out in July, the brands are releasing a special edition of the Nike Air Max ...
The sneaker and athletic apparel company expects the decline in its sales and margins to slow in the current quarter as it ...
Shares of the sportswear giant climbed 15% in morning trading. Some analysts said the company’s slump could soon be over.
Nike is slated to post its final earnings report of its 2025 fiscal year after the market closes Thursday, with analysts ...
Consumer stocks rose as Nike shares rallied 15% following its latest earnings report. Analysts are looking for Nike's pivot back to sports performance over lifestyle products to slow sales declines ...
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