Nike Fights $1B Tariff Hit with Sourcing Shifts, Price Hikes
Summary by supplychaindive.com
4 Articles
4 Articles
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The sportswear giant recognizes that he will have to change his supplier model to mitigate the tariff barriers that, for the time being, are going to be a blow of $1 billion.Nike’s profit is sinking by 30% and assumes that recovering sales will take him “time.” Nike is one of the U.S. multinationals that is giving more clues about how his management is going to be after the tariff measures he has put in place – and with which he continues to thr…
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Total News Sources4
Leaning Left1Leaning Right0Center2Last UpdatedBias Distribution67% Center
Bias Distribution
- 67% of the sources are Center
67% Center
L 33%
C 67%
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