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Stock in major sportswear brands took a nosedive Thursday on the heels of President Donald Trump’s new slate of global tariffs that will hit the sources of their products particularly hard. Nike, ...
For its footwear, Vietnam (46% tariff) is Adidas' main sourcing country— in 2023, 38% of the total volume was made there.
A growing trade war between the U.S. and China is raising concerns about the cost and supply of imported goods supply of imported goods — including sneakers.
After declaring a national economic emergency on Wednesday, the US president announced new tariffs on billions of dollars of ...
On Thursday, the U.S. imposed a 26 per cent flat tariff on Indian imports, a move that surprisingly benefits India compared ...
British sportswear retailer JD Sports forecast little or no profit growth this year, even before any potential impact from ...
Hugo Boss and other companies are questioning what happens after the 90-day pause, especially as the average effective U.S.
If projections around the tariffs’ impact are correct ... In addition to Nike, top brands like Lululemon, Adidas, and Hoka use manufacturers in countries like China, Vietnam, Cambodia, Sri ...
Swiss bank UBS estimates that there will be a 10% to 12% increase in the prices of goods that come from Vietnam - where Nike produces half of its shoes. Meanwhile, Indonesia and China account for ...
In every corner of the football world—and across other sports too—uncertainty reigns. Trump sees his tariffs as a bold ...
Shares in Adidas tumbled by a tenth last Thursday ... to raise prices for both Americans and Brits to help offset the tariff impact – without passing on the full extra costs to the Americans.
President Trump's about-face on sweeping import tariffs did little to soothe companies' worries about the fallout from his trade war.