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
22:54
Iulia Navalnaya urges Russians to vote for Yabloko: the September elections, a legal referendum against the war
22:39
The air forces of Bulgaria, Romania, and Spain have signed a trilateral agreement for air policing operations within NATO.
22:30
The government has approved the 'Diaspora Invests at Home' program, which offers grants of up to 200,000 euros to Romanians from the Diaspora for businesses in Romania.
22:22
The crisis in Ceuta unites the Spanish extremes: Sumar and Vox demand the exclusion of Morocco from the 2030 World Cup.
22:14
At the County Emergency Hospital in Miercurea Ciuc, the first two prostate cancer surgeries were performed with the help of the Da Vinci robotic system.
See more news