Thu, 22 May 2025

Thu, 22 May 2025 Nike to hike prices as it faces tariffs uncertainty

The sportswear giant said the adjustments are part of "seasonal planning" and did not mention Trump's tariffs.

* Nike will raise prices on some products starting June 1, affecting shoes, clothing, and equipment.
* Prices will increase by up to $10 on most Nike shoes over $100, while clothing and equipment prices will rise by $2-$10.
* The Air Force 1 trainers and shoes under $100 will be exempt from price hikes.
* Children's products and Jordan-branded apparel and accessories are also excluded from the price increases.
* The move is part of Nike's "seasonal planning" and not related to US President Donald Trump's tariffs policies, according to the company.
* However, rival Adidas has warned that Trump's tariffs will lead to higher prices in the US for popular trainers like the Gazelle and Samba.
* Nike will also start selling products directly to Amazon in the US again after a six-year hiatus.
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