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Nike is returning to Amazon after an absence of more than five years and hiking prices on some products as its new CEO works to reverse a revenue slump.
Nike will once again sell its products directly on Amazon (NASDAQ:AMZN), marking a return to the e-commerce platform after ending a previous partnership in 2019.
Today’s Forbes Daily newsletter covers shooting at the Jewish Museum, Target’s missed expectations, a new TikTok scam, Niantic’s pivot to AI, crypto’s rally and more.
Nike reportedly is hiking prices by as much as 7%, according to various media reports, though the apparel maker is not tying the cost increases directly to tariffs. CNBC and Footwear News reported ...
Snowflake ( SNOW -1.96%) surged over 9% in pre-market trading following a strong outlook for sales, with product revenue ...
Trump: Time would seem right to take Fannie Mae, Freddie Mac public. Nike plans to sell on Amazon again, for first time since ...
Ackman is still betting on Nike's recovery, but he's minimizing his risk. He sees Uber as a contrarian bet, but the low valuation made it compelling. Investors love to see what billionaire hedge fund ...
Nike shares are trading higher in Wednesday's after-hours session following a report that the company will sell on Amazon.com ...
Nike is raising prices on a range of merchandise as it braces for tariffs to hit its profits and tries to carry out a ...
Nike ( NYSE: NKE) will raise prices before June 1 on some products due to tariffs, according to Front Office Sports. Sources ...
RBC Capital analyst Piral Dadhania lowered his price target for NIKE, Inc. (NYSE:NKE) from $66 to $65, while maintaining a ...
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