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Nike to Raise U.S. Prices Amid Tariffs and Inflation

5/22/2025

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Summary

Story summary

Nike is set to increase prices in the U.S. by $2 to $10 starting in June, with wholesale prices rising in July. Exemptions include Jordan apparel, kids' shoes, and footwear priced under $100. This decision comes in response to new tariffs and ongoing inflation, affecting production across Vietnam, Indonesia, and China.

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Story summary

Nike is set to increase prices in the U.S. by $2 to $10 starting in June, with wholesale prices rising in July. Exemptions include Jordan apparel, kids' shoes, and footwear priced under $100. This decision comes in response to new tariffs and ongoing inflation, affecting production across Vietnam, Indonesia, and China.