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The sportswear company offers a case study in the ripple effects of the global trade war, including how workers can get ...
What do we need to know about tariffs? What are they and how will they impact businesses and the economy? And why do they ...
10don MSN
Shoe brands like Nike and Adidas said that they are "uniquely vulnerable" to the impact of Trump's trade war.
In the Oregonian article, Tom Nikic, an analyst at Needham & Co estimated that at current levels, and without management action to mitigate the impact, the tariffs would wipe out 95% of Nike’s ...
In response to questions about how tariffs might impact factory workers, Nike said in a statement it is “committed to ethical and responsible manufacturing.” “We build long-term ...
Nike already moved much of its factory production out of China to mitigate the risk of a trade war, so in some way it's ...
Calling tariffs on imported footwear an “emergency” for U.S. workers and consumers, Under Armour and its biggest shoe rivals ...
Shoes coming from Vietnam already had a 20% duty. So President Donald Trump’s threat of a 46% increase would see consumers having to spend well over $200 for what's now a $150 pair of shoes.
Some analysts caution that the Trump administration’s tariffs, which target a wide range of goods, could have a more significant impact on Nike’s profit margins than in previous years.
12don MSNOpinion
Vietnam’s booming footwear industry now faces a significant financial strain that could disrupt both the industry and U.S.
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