For its footwear, Vietnam (46% tariff) is Adidas' main sourcing country— in 2023, 38% of the total volume was made there.

Nike, Adidas, Puma and others saw shares drop sharply after Trump imposed hefty tariffs on countries, including Vietnam, Indonesia and China, where those companies make many of their products ...

In the last decade, both Nike and Adidas, global brands ... The reciprocal tariffs imposed by the United States are expected to impact major footwear brands. Nike expects a fall in gross margin ...

On April 2, 2025, President Donald Trump initiated sweeping tariffs under the "Liberation Day" policy, charging a 10% base tariff on imports generally and much higher rates on certain nations. Vietnam ...

British sportswear retailer JD Sports forecast little or no profit growth this year, even before any potential impact from ...

"If the Trump administration's tariffs have a positive impact on the US dollar and it ... is no surprise that shares in the likes of Nike, Adidas and Puma have all fallen sharply, with fears ...

Nike shares fell 7.3% in extended trading at 6 PM New York time. Lululemon Athletica Inc., which makes 40% of its products in Vietnam and 17% in Cambodia, tumbled almost 11% in late trading.