Nike and Lululemon Bet Big on Vietnam. They Bet Wrong.
Trump’s new tariffs are forcing U.S. apparel and shoe makers to scour the world for new places to manufacture.
U.S. Retailers Exposed to Vietnam Are Getting Crushed. That’s Nike, Lululemon, and More.
U.S. footwear and apparel companies, such as Nike, Lululemon, and Gap were getting crushed early Thursday. Blame high tariffs ...
Here’s how much more Nike’s Air Jordans could cost after tariffs hit
Those looking to pick up a pair of the brand’s Air Jordan 1 High sneakers could shell out an extra $18 on top of their ...
US tariffs on Vietnam would be a blow to Nike and other sportswear brands
Nike could soon face another blow in its effort to revive its brand and reverse a long decline in sales: U.S. tariffs on ...
Nike Shares Tumble After Trump Puts 46% Tariff on Vietnam
Nike shares fell 6% after President Trump announced reciprocal tariffs of 46% on Vietnam, 32% on Indonesia and 34% on China.
Why Nike shares are bucking the market trend with a 5% gain on Friday
Nike shares recovered on Friday after President Donald Trump suggested a possible agreement with Vietnam to reduce recently ...
Trump Says Vietnam Wants to Cut Its Tariffs to Zero
President Trump said he had a call with Vietnam leader To Lam, and said that the latter wants to cut Vietnam’s tariffs down ...
Nike Stock Tumbles as US Tariffs Hit Asian Suppliers
Nike shares are tumbling 13% in intraday trading Thursday after President Donald Trump imposed steep reciprocal tariffs on ...
Trump Shoes Nike, and Other Footwear Makers
Having taken the hint from Washington and moved production out of China to Viet Nam, apparel and athletic goods makers are ...