This company is a leading global sportswear brand that designs, develops, and markets a wide range of athletic footwear, apparel, and equipment. It is known for its innovative products, high-quality materials, and cutting-edge technology, catering to athletes and fitness enthusiasts across various sports and activities. The brand also emphasizes sustainability and community engagement, often collaborating with athletes, designers, and organizations to promote a healthy lifestyle and social responsibility. Through its extensive retail network and online platforms, the company aims to inspire and empower individuals to pursue their athletic goals. Read More
The United States announced sweeping tariffs on several trading partners, including Asian nations such as Vietnam, Indonesia, and Bangladesh, which manufacture shoes and clothes for American labels.
Economist Peter Schiff warned on Thursday that Nike Inc. won't shift production to the United States despite newly imposed tariffs, predicting higher prices and reduced domestic sales for the footwear giant.
Explore the S&P500 index on Thursday and find out which stocks are the most active in today's session. Stay updated with the stocks that are capturing market interest.
Goldman Sachs analyst Brooke Roach warns that U.S. tariff hikes will significantly impact retail, with China's tariff rate soaring to 54% and key sourcing nations like Vietnam (46%) and Cambodia (49%) facing steep increases. Apparel and footwear tariffs will average 38%, forcing brands to adjust pricing and negotiate costs.
Shares of athletic apparel brand Nike (NYSE:NKE)
fell 15% in the pre-market session after President Trump announced "reciprocal tariffs" on all US imports, set at a minimum rate of 10%.
President Donald Trump's sweeping new trade tariffs sent shockwaves through global markets on Thursday, triggering a massive sell-off that echoed the COVID-19 pandemic-era routs, as investor risk appetite vanished in a flash.
Nike Inc (NYSE:NKE) shares are tumbling Thursday after U.S. President Donald Trump announced sweeping reciprocal tariffs on several countries around the world.
Value stocks typically trade at discounts to the broader market, offering patient investors the opportunity to buy businesses when they’re out of favor.
The key risk, however, is that these stocks are usually cheap for a reason – five cents for a piece of fruit may seem like a great deal until you find out it’s rotten.
Hampstead Gardens, SA, April 1, 2025 -- Printibly, an Australian-owned and operated custom apparel company, is redefining the custom printing industry by eliminating setup fees and minimum order requirements. This innovation makes high-quality, custom-printed clothing more accessible to businesses, organizations, and individuals looking for efficient and cost-effective solutions.
