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Nike to Resume Selling on Amazon for First Time Since 2019. The Stock Rises. - Barron's

1. Nike resumes selling on Amazon.com after five years, focusing on direct sales. 2. Price hikes on select footwear and apparel items are scheduled for June 1. 3. Nike is responding to potential tariff changes due to trade policies. 4. Nike stock rose 2.5% in premarket trading following the news. 5. Direct sales partnership with Amazon may improve Nike's market visibility.

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FAQ

Why Bullish?

Reestablishing Amazon sales can boost revenue and market reach, similar to other brands like Adidas that leverage e-commerce effectively.

How important is it?

The combined impact of selling on Amazon and price increases can influence financial performance and stock price significantly.

Why Short Term?

The immediate price hike and return to Amazon sales will likely affect quarterly earnings and consumer behavior soon.

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