The world’s largest footwear and apparel companies, like Nike and Gap are facing a shock to their supply chains after ...
The retail sector is under heavy selling pressure on Thursday as Wall Street digests President Trump's ...
Many sportswear brands shifted production away from China to avoid tariffs imposed years ago, but now they face punishing levies targeting alternative manufacturing hubs.
Having taken the hint from Washington and moved production out of China to Viet Nam, apparel and athletic goods makers are ...
Retail giants with manufacturing hubs in Asia are expected to take a financial hit from Trump’s reciprocal tariffs.
Shares of Lululemon Athletica Inc., Deckers Outdoor Corp. and Nike Inc. were among the steepest decliners among S&P 500 ...
Nike, Inc. faces significant challenges with its second-largest drawdown since IPO. Click for NKE valuation concerns, supply ...
The footwear and sportswear industries face a slew of challenges as their main sourcing regions are hit with high tariffs.
Nike Inc (NYSE:NKE) shares are tumbling Thursday after U.S. President Donald Trump announced sweeping reciprocal tariffs on ...
Investors weren’t happy with President Donald Trump’s reciprocal tariffs, sending stocks plunging. The S&P 500 fell 4% at 10:14 a.m., the Nasdaq composite declined 5% and the Dow Jones Industrial ...
"The apparel and footwear brands have been good at moving to low cost sourcing hubs over time, but the current tariff plan ...
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