nike

14:30

Business

Nike plans to cut reliance on China-made goods for U.S. sales

Nike plans to reduce its reliance on China for U.S.-bound products to offset the financial blow from President Donald Trump’s new tariffs, as the sportswear giant posted better-than-expected fourth-quarter results and a milder revenue forecast.

Nike to cut China production for U.S. market to ease tariff impact

11:30

Economy

Nike to cut China production for U.S. market to ease tariff impact

Nike is stepping back from China-based production for its U.S. market to dodge tariff-related costs, aiming to shift its sourcing strategy by 2026.

Adidas and Puma may follow Nike in U.S. price hikes

22:30

Prices

Adidas and Puma may follow Nike in U.S. price hikes

Adidas and Puma are expected to raise prices in the U.S. after Nike increased footwear costs, as rising import tariffs push up expenses across the sportswear industry.

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