Nike Braces for $1 Billion Hit from Tariffs: How Will Price Hikes and Supply Chain Adjustments Impact You?
Highlights: – Nike anticipates a moderation in sales and profit declines. – The company plans to reduce its reliance on China in response to tariffs. – The shift back to wholesale strategy impacts margins but aims for long-term health. The Challenge of a Turnaround: Nike’s Strategy under Scrutiny Nike, the global sneaker juggernaut, faces a […]
