Nike will raise prices on a wide range of products as soon as this week
1. Nike will raise prices on footwear and apparel due to tariffs. 2. Price increases will range from $2 to $10 for various products. 3. Children's products and items under $100 will not see price hikes. 4. Tariffs on Chinese and Vietnamese imports are affecting profit margins. 5. Nike's turnaround is delayed, leading to reliance on discounting.