Nike might soon change its famous slogan to 'Just Pay More' as a new 46% tariff on footwear from Vietnam could increase sneaker prices significantly. Expect Air Jordans and other models to cost more starting April 9.
U.S. stock futures experienced a dramatic drop following President Trump's announcement of sweeping tariffs, raising fears of a global trade war. Major companies like Nike and Apple faced significant losses, with the S&P 500 heading into correction territory.
U.S. stocks dropped after President Trump announced new tariffs of at least 10%, raising fears of a global trade war. Major companies like Nike and GM saw significant losses, with traders reacting to unexpected tariff rates.
In a fiery appearance on 'The Pat McAfee Show,' LeBron James takes aim at ESPN's Brian Windhorst, calling him a 'fake friend' amidst their ongoing feud. The Lakers star defends his Nike contract and addresses his high school history with Windhorst.
Foot Locker foresees another year of deep discounts as Nike's reset impacts sales. Despite beating earnings expectations, the company anticipates lower profits and continued promotional challenges in 2025.