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NIKE TARIFFS
Lululemon shares drop as forecast cut spotlights challenges for incoming CEOLululemon faced a notable dip in its stock price as the athleisure retailer adjusted its profit expectations for the year. This news has es...
US companies, shamed by Trump, tiptoe into $166 billion tariff refund raceAfter a landmark Supreme Court ruling, U.S. businesses are strategically striving to salvage billions in refunds from now-invalid tariffs. ...
Trump tariff refund checks begin disbursing this week — who qualifies and why are millions excluded from payouts?Trump tariff refunds begin disbursing this week after the Supreme Court voided IEEPA-based tariffs, leaving the U.S. government liable for ...
Magic Sawe dust, runs up brand valueWith an incredible display of endurance, Sabastian Sawe made history in London by breaking the elusive two-hour marathon barrier, all while...
US Stocks: Levi Strauss shares jump 10% as pricey denim sales smooth over tariff hitLevi Strauss' shares jumped about 10% on Wednesday as investors cheered its strongest quarterly revenue growth in nearly four years, with c...
Nike shares tumble 13% as CEO Hill’s turnaround plan faces geopolitical woesNike's months-long turnaround under CEO Elliott Hill faces fresh pressure as the Middle East conflict adds to the sportswear maker's strugg...
Nike stock (NKE) today crashes after beating earnings estimates: Why investors are concerned despite strong resultsNike stock NKE today: Nike's stock dipped after its latest earnings report. The company reported better-than-expected earnings per share an...
Nike's China conundrum deepens as turnaround stagnatesNike's China sales are falling for the sixth quarter. The company is struggling with competition and old stock. CEO Elliott Hill says Nike ...
Nike stock fell 10% today after earnings: Why tariffs and falling margins spooked NKE investorsNike stock today: Nike's stock plunged over 10% as gross margins declined for a second straight quarter, impacted by tariffs and inventory ...
Nike sees stocks surge by 1.5% as revenues jump in Q1Nike’s first-quarter revenue surprised with a small rise, and the company beat profit estimates. Shares went up by 1.5% as CEO Elliott Hill...
Bad time to take helm? New retail leaders face extra headaches with tariffs and consumer slowdownNew CEOs at consumer giants like Nike, Starbucks, and Peloton face immense pressure, dealing with tariffs impacting supply chains and risin...
Nike layoff: Sportswear maker plans job cuts. Who will be affected?As of May 31, Nike had about 77,800 employees worldwide, including retail and part-time employees.
Nike shares soar 15% on its production shift away from China, but warns of a $1 billion tariff hitNike's shares jumped at the opening bell Friday after the company said it's shifting some production away from China. But it also warned th...
Nike plans to reduce reliance on China production for US market to soften tariff blowNike plans to reduce its reliance on Chinese production for the American market. This is to lessen the impact of US tariffs. The company an...
Here's a look at the sectors getting a boost from the truce in the US-China trade warUS and China reached a 90-day trade truce, slashing tariffs and sparking a market rally. Shares of companies reliant on Chinese sourcing—es...
Economist Peter Schiff just gave Nike one of the biggest pieces of advice to tackle Donald Trump's reciprocal tariffs; here's what it is and why his suggestion is going viralEconomist Peter Schiff advises Nike to shift its focus to international markets due to the impact of President Trump's tariffs on Vietnam, ...
Markets are like people on cocaine: Deepak Shenoy says markets overreact, Nike will weather tariffsDeepak Shenoy, CEO of CapitalMind, downplayed fears around new U.S. tariffs affecting Nike, arguing the market is overreacting and that cos...
Nike can’t ‘just do it’ with US tariffs on Vietnam, set to face big blow in its effort to revive brandNike faces potential U.S. tariffs on imports from Vietnam, where it produces 50% of its footwear and 28% of its apparel. Higher tariffs cou...
USA's iconic footwear company Nike feels the heat as Donald Trump’s tariff battle hits hard, stock price nosedives amid growing economic uncertaintyNike’s stock price dropped 7% after projecting a double-digit revenue decline due to shipment delays, exchange rate issues, and looming tar...
Nike's comeback plans threatened by tariffs, overstocked shelvesNike is facing challenges in its turnaround effort as it deals with old inventory, the impact of a trade war, and declining consumer spendi...