Nike announces reduced reliance on Chinese manufacturing amid new trade tariffs and optimizes its sourcing strategy.
Raluca Ioana Draghici
Economy
www.shutterstock.com
Always see our news on Google
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
NEWS ON THE SAME TOPICS
.webp)
.webp)
Personalized news feed, AI-powered search, and notifications in a more interactive experience.
