Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
Nike (NKE.US) to Hike Prices on Variety of Products Starting This Wk on Tariffs: Wire
Recommend 1 Positive 5 Negative 7 |
||||
|
||||
|
As the retail industry struggles to cope with the impact of tariffs on profits, prices for a wide range of footwear, apparel and equipment will be hiked in the US as early as this week, with Nike (NKE.US) raising prices for most of its products from this week, and the price hike taking full effect from 1 June, according to CNBC. Prices for Nike's apparel and sports equipment for adults will rise by US$2 to US$10, insiders said. Footwear priced between US$100 and US$150 will increase by US$5, while sneakers priced above US$150 will see a US$10 increase. AASTOCKS Financial News Website: www.aastocks.com |
||||
Copied to Clipboard
 |
||||
