Nike to hike prices as it faces tariffs uncertainty
Source: BBC
Nike says it will raise the prices of some products from 1 June, with the increases hitting everything from shoes to clothing.The sportswear giant says it is making the changes as part of "seasonal planning" and did not mention US President Donald Trump's tariffs policies that have upended global trade.The firm also says its will sell products directly to Amazon in the US for the first time since 2019.Last month,…
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