How Nike is surprisingly defying Trump's trade war with China via YahooFinance
For a company that has heavily relied on China to make its sneakers and apparel almost since day one, Nike is sure showing no signs President Trump’s nasty trade war with the country will shred its profits in the year ahead.
Nike’s latest earnings “were simply incredible for a brand in this environment,” said SW Retail Advisors chief and long-time retail analyst Stacey Widlitz on Yahoo Finance’s The First Trade. “The product in the last 18 months has done a total 180. We were in an environment that was all about Adidas, particular in Europe, and now Nike is back in the driver’s seat.Nike ’is a brand of China for China’Nike’s fiscal first quarter sales grew in every single product category, in each geographic region.
What’s somewhat more shocking is that Nike’s gross profit margins in the quarter gained 150 basis points from the prior year in spite of U.S. tariffs on China and rising costs in places like Vietnam and Indonesia as other industries uproot supply chains to these traditional retail production havens.
日本 最新ニュース, 日本 見出し
Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。
McConnell to Trump: China trade war has been 'very tough on American agriculture''I hope we can get a conclusion to this sometime soon because Rural America really needs it,' says Senate Majority Leader Mitch McConnell.
続きを読む »
The Trump administration pushes back against reports it's looking to limit investment in ChinaThe Trump administration has pushed back against reports that officials are looking into ways to curb US investment in China,
続きを読む »
Ex-Nike Athlete Alysia Monta\u00f1o Signs New Contract With CadenshaeThe brand plans to partner with Montaño to advocate for better maternity care for female athletes.
続きを読む »
Off-Road Style: The Gyakusou Nike Pegasus 36 TrailThis Nike X Gyakusou collaboration gives the Pegasus 36 Trail a new, high-fashion upper.
続きを読む »
China says companies facing many difficulties due to trade frictionsChinese companies are facing many difficulties due to trade frictions, Commerce ...
続きを読む »
China urges 'calm and rational' resolution to U.S.-Sino trade warChina hopes Beijing and Washington will resolve their trade dispute 'with a...
続きを読む »