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Nike shoes are considered at the King of Prussia shopping center, as the world markets are subjected to trading and growth caused by US President Donald Trump’s decision to impose tariffs for dozens, King of Prussia, Pennsylvania, USA, 3 April 2025.
Rachel Visnevsky | Reuters
Nike will raise prices on a wide range of shoes, clothing and equipment as soon as this week as a retail industry braces for tariffs by hit his incomeCNBC found out.
Nike clothing and adult equipment prices will increase from $ 2 to $ 10, said a person familiar with this issue. The price of $ 100 to $ 150 will be on a $ 5 hike, while the sneakers at the price above $ 150, increase by $ 10, said the man.
The price increase will operate until June 1, but they can be seen on the shelves as soon as this week, the man said. The increase covers most of the Nike range, but many products will remain the same price.
According to the person, the prices for children’s products will not increase, as well as the goods at the cost of less than $ 100. The company is trying to realize the financial problems that families face and do not want parents to see higher prices when shopping for their children during back in the school season.
In addition, Nike Air Force 1 shoes will remain $ 115, the man said.
“These are shoes that people wear at the workplace,” the man said. “It’s convenient, accessible.”
Jordan Brand’s clothing and accessories will also not see an increase, but Jordan will be sneakers.
The Nike said in a statement that “we regularly evaluate our business and make pricing adjustments within our seasonal planning.” The company did not say that the decision was related to the tariffs.
Although retailers usually regularly adjust the pricing structure, the shoe industry is particularly hit by the president Donald TrumpNew tariffs.
Currently, Nike manufacturers are about half shoes in China and Vietnam, which Trump has hit his new levies. Chinese goods face new 30% tariffWhile imports from Vietnam are currently subordinate to 10%. Trump reduced the tariff rate on Vietnamese goods with 46% over 90 days in early April.
It is expected that the tariffs on the Nike map can offset the effect by increasing prices, especially since the sneakers giant works through a turn that takes longer than expected. Nike’s profits were already under pressure before the tariffs came into force because he needed to rely on a discount on the movement of the product.
The price increase will be the MSRP tariff, which consumers see Nike and on their site. He sent a note to wholesale partners about rising prices Sports goods wildly and Leg of the locker Not immediately understood.
