Nike will significantly decrease production from China for the US market in response to new trade tariffs imposed by the Trump administration. Around 16% of Nike footwear sold in the US comes from China, but this will fall to single-digit figures by May 2026. The company will redistribute production to other countries and evaluate cost cuts at the corporate level. Although sales fell 12% in the fourth quarter, financial results beat expectations, and Nike expects a moderate revenue decline in the fiscal first quarter. Challenges in China remain significant, but analysts expect Nike will not lose significant market share.
Sources
Nike își reduce dependența de China: Producția pentru SUA va fi relocată
Nike reduce dependenţa de producţia din China pentru piaţa americană, pentru a atenua impactul tarifelor vamale impuse de Trump
Nike reduce dependența de producția din China pentru piața americană, pentru a atenua impactul tarifelor vamale impuse de Trump
Latest News
23:02
SANITAS calls for higher salaries in 2027, a new pay law and the removal of restrictions in healthcare
22:54
The US imposes new sanctions on companies and individuals in India and Turkey over ties to Iran and shipments of Iranian oil
22:53
A Romanian worker died aboard a ship under construction in Italy
22:42
Florin Manole announces pension increases from January 1 and a second installment of aid for pensioners with low incomes
22:23
Donald Trump warns Democrats that their party will be “destroyed” if they try to impeach him after taking control of Congress
See more news