Nike is forecasting it will have to pay $1 billion in additional costs because of President Donald Trump’s tariffs, the activewear giant announced Thursday.

Nike said Thursday it would cut its reliance on production in China to mitigate the impact from US tariffs on imports, and forecast a smaller drop in first-quarter revenue than expected by ...

The Nike Kobe 5 Protro 'Caitlin Clark' colorway drops at 10:00 a.m. EST on Monday, June 30.Online shoppers can buy the basketball shoes for $190 in adult sizes on the Nike SNKRS app and at select ...

Nike says Trump tariffs could cost it $1bn. Company says work to bring down costs is under way, including reducing supplies from China to the United States. Friday 27 June 2025 12:33, UK.

Nike is projected to report a 15% drop in quarterly revenue from the same time last year to $10.73 billion. Earnings per share are also expected to have dropped to $0.13 from $0.99 a year ago.

Nike kicked off the re-launch of the Vomero line back in February with the Vomero 18, and now the Premium and Plus models are set to follow this August and October, respectively.

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SurfStitch sold surf and beach apparel and once had a $500 million valuation. (Source: Instagram) SurfStitch has become the latest retail brand to be plunged into voluntary administration and faces ...

Nike has developed two standout upper designs for its shoes: Flyknit and AtomKnit. Flyknit, found on the Vaporfly and Invincible 3, is a woven upper design where yarn is woven tightly in some ...

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Paige Bueckers was the No. 1 pick by the Dallas Wings back in April. Now, she’ll share the city with Cooper Flagg who went No. 1 over to the Dallas Mavericks in Wednesday night’s NBA draft ...

Nike faces challenging quarter amid strategic transition Nike is set to report its fiscal fourth-quarter (Q4) 2025 earnings on 26 June 2025, after market close. The company faces a complex landscape ...