Nike Falls as Trump’s Reciprocal Tariff Plan Sinks Retailers
The world’s largest footwear and apparel companies are facing a shock to their supply chains after President Donald Trump ...
US tariffs on Vietnam would be a blow to Nike and other sportswear brands
Nike could soon face another blow in its effort to revive its brand and reverse a long decline in sales: U.S. tariffs on ...
NBC Los Angeles13d
CNBC Daily Open: DOGE cuts and tariffs hit Accenture and Nike hard
The Trump administration’s radical overhaul of the federal government and economic policy is bleeding into corporate numbers.
CNBC Daily Open: Damage from tariffs and DOGE cuts is growing visible
The Trump administration’s radical overhaul of the federal government and economic policy is bleeding into corporate numbers.
Sourcing Journal on MSN9d
Nike’s Supply Chain Workers Continue to ‘Fight the Heist’
On Friday, 1,000 garment workers in South and Southeast Asia risked retaliation by going public with their faces in a ...
Nike Stock Slides as Analyst Says Turnaround Will 'Take Time'
Shares of Nike tumbled Friday after the company delivered disappointing revenue guidance, with multiple analysts opting to ...
Nike Stock Falls After Warning Sales Could Take a Hit From Turnaround Plan, New Tariffs
Nike shares fell in extended trading Thursday after the athletic apparel giant warned sales could take a hit in the current ...
USA Today13d
Nike faces steepest revenue drop in 5 years as consumer spending slows down
Nike NKE.N is expected to post its steepest revenue decline in nearly five years in its quarterly results on Thursday, as its new products failed to open the wallets of Americans reluctant to ...
CNN13d
Nike’s sales are tumbling
Nike is in a major slump. The company’s global sales dropped 9% last quarter, including a 17% drop in China, Nike said Thursday. In North America, Nike’s largest market, sales dropped 9%. But ...