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adidas and Nike face macro headwinds, but adidas leads in returns with lower tariff risk, while Nike offers better value. Learn why ADDYY and NKE stocks are a hold.
In October 2024, S&P revised its outlook on Nike to negative due to revenue and profitability declines. It subsequently ...
Nike, Adidas and Columbia Sportswear signed the letter dated April 29 asking the Trump for “a more targeted approach” to his tariff plans, “focused on strategic items rather than basic ...
Adidas previously warned this week that tariffs would lead to higher prices for American consumers. In late March, before the specific reciprocal tariff rates were announced, Nike's finance chief ...
Shares in Nike NKE.N, Adidas ADSGn.DE and Puma PUMG.DE dropped sharply after Vietnam was targeted with a 46% tariff rate, Cambodia with 49%, Bangladesh with 37% and Indonesia with 32%, while Trump ...
Nike said Thursday it would cut its reliance on production in China to mitigate the impact from US tariffs on imports, and forecast a smaller drop in first-quarter revenue than expected by ...
Footwear brands including Nike and Adidas ask Trump for tariff exemption. By Reuters. May 2, 2025 9:14 PM UTC Updated May 3, 2025 Nike shoes are seen displayed at a sporting goods ...
Nike and Adidas Are Getting Trampled by Trump Tariffs Targeting Vietnam Most footwear brands depend on Vietnam for between 40 percent and 90 percent of their sourcing. By Alexandra Tremayne ...
Nike, Adidas and Skechers co-signed a footwear industry letter to President Donald Trump this week asking him to exempt shoes from his broad tariffs. Skip to content Main Navigation ...
Nike, Adidas and Skechers co-signed a footwear industry letter to President Donald Trump this week asking him to exempt shoes from his broad tariffs. Skip to content Main Navigation ...
While the initial tariff rates of more than 45% for Vietnam and Cambodia were lowered to 10% for a 90-day period, the Trump administration has only ratcheted up duties on Chinese imports, which ...
While the initial tariff rates of more than 45% for Vietnam and Cambodia were lowered to 10% for a 90-day period, the Trump administration has only ratcheted up duties on Chinese imports, which ...
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