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Nike plans 'surgical' price increases as it expects $1 billion hit from tariffs
businessinsider.com/nike-raising-prices-us-expects-1-billion-tariff-hit-2025-6
Nike products are getting more expensive this fall.
Rachel Wisniewski/REUTERS
Nike plans to raise prices to offset $1 billion in additional tariff costs in fiscal year 2026.
The company aims to reduce reliance on China, which makes up 16% of its US footwear imports.
Nike's revenue fell…
This story appeared on businessinsider.com, 2025-06-27 00:03:38.