Nike's stock jumped 17% after the company declared that the worst of its struggles is behind it, following a better-than-expected fourth-quarter earnings report despite significant challenges.
Nike's shares soared after announcing a production shift away from China amidst looming tariffs. The company plans 'surgical' price increases, raising concerns for back-to-school shoppers as retail giants face rising costs.
Nike is bracing for a staggering $1 billion cost increase due to tariffs from Trump's trade war, prompting price hikes and a shift in manufacturing. As revenues plunge, can Nike turn things around?
Nike announces that President Trump's tariffs may increase its costs by $1 billion this year, prompting the company to shift production away from China. Amidst fluctuating trade policies, what does this mean for sneaker prices?
New Balance is shaking up the sports industry by signing rising stars like Cooper Flagg and Coco Gauff. Discover how the brand is transforming its image and revenue strategy to compete with giants like Nike and Adidas!
Beth Benike, Minnesota's small business owner of the year, faces a staggering tariff crisis that threatens her baby products company, Busy Baby. With costs skyrocketing from $31,000 to nearly $200,000, she shares her emotional journey as she becomes the face of small businesses battling tariffs.
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.