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Nike, Lululemon Rebound

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President Trump said Friday he had a “productive call” with a top Vietnamese official, adding that the Communist Southeast Asian nation “wants to cut their Tariffs down to ZERO” pending a free trade ...
From New York Post
Prices of Nike Jordan and Adidas Samba sneakers are likely to rise in the U.S. after President Donald Trump imposed a raft of new tariffs on Vietnam, China, and Indonesia, key manufacturers of sportsw...
From Reuters

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Nike, Lululemon Rebound as Trump Touts Call With Vietnam Leader
Lululemon Athletica Inc., soared Friday after President Donald Trump said Vietnam was willing to eliminate tariffs to avoid new US levies. Nike shares erased an earlier loss to gain 3%, while On Holding AG and Skechers USA Inc.
Trump says major Nike producer Vietnam wants to slash its tariffs ‘down to ZERO’ after ‘productive call’
The president’s statement helped boost shares in apparel brands Nike, Lululemon, and American Eagle — all of which have major operations in the country.
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. Suppliers in Vietnam, Indonesia and China make 95% of the sneaker company’s manufactured goods.
Manufacturers, retailers blindsided by tariffs on Asian garment hubs
Prices of Nike Jordan and Adidas Samba sneakers are likely to rise in the U.S. after President Donald Trump imposed a raft of new tariffs on Vietnam, China, and Indonesia, key manufacturers of sportswear and apparel.
Nike Stock Drop Erases $12 Billion in Market Value
Nike shares took a big hit Thursday morning following President Trump’s tariff announcement, falling 13% and erasing more than $12 billion in market value. The new round of tariffs include a 46% rate on goods from Vietnam,
How tariffs will impact sports merchandise, collectibles
The company produces 59% of its apparel in Vietnam, China and Cambodia, which were hit with tariffs of 46%, 34% and 49%, respectively. The company also produces half of its footwear in Vietnam and another 45% in China and Indonesia,
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 on Vietnam, Indonesia and Cambodia. Vietnam and Cambodia were the two countries worst hit by President Donald Trump’s reciprocal levies–46% and 49% rates,
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 announced tariffs.
Trump Reveals Vietnam Trade Talks As Nike Stock Rallies On Surprise Turnaround
Shares of clothing and footwear retailers are climbing Friday after President Donald Trump revealed that Vietnam is interested in negotiations to reduce 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 current $180 price tag after the new tariff goes into effect April 9, industry sources told The Post. Some of Nike’s other popular sneakers could also spike by between $15 and $35, according to a Footwear News report.
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Why Nike Stock Plummeted 15% Earlier This Week -- but Is Now Rebounding
Now down 9% across the week, Nike initially declined on Thursday after the president's tariffs targeted three countries responsible for the majority of the company's manufacturing. Here's what happened earlier this week and why Nike's shares have rallied somewhat today.
Will your next Nike & Adidas cost more? Here’s how Donald Trump’s reciprocal tariff impacts your shopping bill
The latest US tariffs, particularly 46% on Vietnam, threaten the supply chains of major footwear brands like Nike and Adidas, which rely heavily on Vietnamese production. The tariffs may increase consumer prices and impact Vietnam’s $44 billion export market.
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