Nike is scheduled to raise the prices on some elements to advance on its competitors – after weeks that the opponent confessed to a chilling.
The sportswear giant makes large movements because it also folds in Amazon for the first time in years, but the reasons are still mysterious.
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While Nike remained mysterious during the picnic, saying it made it regularly.
However, many believe that in a direct response to the definitions imposed by Donald Trump.
Almost all NikeThe goods are made in Asia, a region in the world that strongly targets the economic reforms of the president.
The United States has stopped to the so -called “mutual” tariffs until July, but there is a “base” tax by 10 % in place against a long list of countries.
As a result, the BBC reports Nike The price is scheduled to raise the price on some of its elements, such as sports shoes and clothes, from early June in the United States.
From Sunday June 1, most Nike The shoes that cost more than $ 100 will witness the price of $ 10.
The prices of clothes and equipment will also be increased to between $ 2 and $ 10.
It is important to know that there are some exemptions, such as NikeThe famous Air Force 1 shoes, as well as those that cost less than $ 100.
Children's products, branded clothes for Jordan and accessories will also be excluded.
This means that returning to school shoes will not become more expensive for customers.
While importers do not have to transfer additional costs to consumers, most companies are often around higher production expenses.
Nike He said in a statement about the high prices: “We regularly evaluate our business and make pricing modifications as part of our seasonal planning,” he said in a statement about the high prices.
NikeMatt Frold's finance president added that the company is monitoring “the effect of uncertainty and other Macro's factors on consumer confidence.”
Progress in competition
Nike This announcement was issued a few weeks after the competition Adidas Make a similar one.
Adidas Last month, the definitions would lead to a price increase in the United States for popular shoes, including Ghazal and Samba.
The sportswear industry was in particular to a spiral with the announcement of definitions.
The goods from Vietnam, Indonesia, Thailand and China – countries that make American companies – are scheduled to face some American import taxes ranging from 32 % to 54 %.
Nike He said factories at Vietnam She produced 50 % of all her shoes and 26 % of her clothes last year.
What are the elements that will be affected by definitions?
Americans must prepare to see major prices on everything from avocado to cars in the era of new global definitions of President Donald Trump.
Below is a list of some daily products that can see an enormous price increase.
- coffee
- tea
- Banana
- Foreign -made cars
- sneakers
- Furniture and other home commodities
- pharmaceutical
- video games
- clothes
- games
- Washing machines and dryers
- Avocado
- Housing
Although this rate has stopped temporarily until July, it is unknown to what it will reach after that.
but Nike It makes more moves from just raising prices for consumers.
The company said it will sell products directly Amazon In the United States for the first time since 2019.
Nike She stopped doing this to concentrate Moon its official location and physical stores.
but, NikeOnline sales have decreased, with a 25 % decrease in the Middle East and a 20 % decrease in larger China.
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