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Nike Shifts Production and Raises Prices to Mitigate $1 Billion Tariff Cost
pymnts.com/news/retail/2025/nike-shifts-production-raises-prices-mitigate-1-billion-dollar-tariff-cost
that the new U.S. tariffs currently in place will cost the company about $1 billion.
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The footwear and apparel company is working to mitigate that gross incremental price increase, Nike President and CEO Elliott Hill said in remarks prepared for delivery Thursday…
This story appeared on pymnts.com, 2025-06-27 16:04:26.