Nike ‘quietly' raises prices on top-selling sneakers — but refuses to pin hikes on tariffs
1. Nike raised sneaker prices by $5 to $10 on select models. 2. Price hikes were not attributed to tariff impacts by the company. 3. CEO Elliott Hill is tasked with turnaround amidst declining sales. 4. Competitors are likely to increase prices due to tariffs. 5. Nike returns to Amazon, indicating struggles to boost sales.