Adidas, Puma Expected to Increase Prices After Nike Hike

Adidas, Puma Expected to Raise U.S. Prices After Nike Tariff Response - News Facts Network

Adidas and Puma are expected to raise prices on running shoes and apparel in the... The post Adidas, Puma Expected to Raise U.S. Prices After Nike Tariff Response appeared first on News Facts Network.

Adidas, Puma expected to increase prices after Nike hike

Adidas and Puma are likely to hike prices for running shoes and sportswear in the US, following Nike's lead, analysts and investors said today, as US tariffs on imports drive costs up for retailers.

The German brand of sportswear Puma has confirmed that it plans to increase the prices of its products in the United States due to the recent tariffs imposed by the government of that country. This decision, which responds to a challenging economic environment, reflects the company’s efforts to mitigate the additional costs derived from commercial policies. Will Puma raise its prices in the United States? Yes, Puma has announced that it could in…

"This is not specific to Nike, but rather an industry-wide cost increase, as tariffs will affect everyone," said Robert Krankowski.

Adidas, Puma expected to hike sportswear prices

Adidas, Puma expected to hike sportswear pricesAdidas and Puma plan price hikes for U.S. sportswear, influenced by Nike's increases and tariffs impact. The post Adidas, Puma expected to hike sportswear prices first appeared on The Dispatch.

Adidas and Puma are planning price hikes, following Nike, which has already announced price increases in response to new U.S. tariffs. The changes could have a significant impact on the sportswear market and consumers’ wallets.