Nike to Raise Prices by Next Week, to Return to Selling on Amazon, Media Reports Say

Nike is set to raise prices on several of its products starting next week and will also return to selling its products at online retail giant Amazon, according to media reports, as President Donald Trump’s tariffs disrupt global supply chains and impact retailers’ profits.

The company, which sources a significant portion of its footwear from China and Vietnam, will increase prices on apparel and equipment for adults between $2 and $10, while footwear priced between $100 and $150 will see…