NKE Stock Recent News

A spokesperson for Amazon said the move will expand its selection for U.S. consumers beyond Nike inventory offered by independent sellers in the last several years.

Nike confirmed on Wednesday that its shoes are returning to Amazon. The company stopped selling its goods wholesale on Amazon six years ago as part of a push to distribute more directly to customers and maintain greater control over the experience.

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.

Nike will raise prices on a range of items as soon as this week, as retailers brace for tariffs to hit their profits. The footwear giant said it regularly evaluates pricing, and did not say the changes were related to tariffs.

Note: Nike's FY'24 concluded on May 31, 2024.

Amer Sports' stock rockets toward a record as sports equipment and apparel maker's brands are winning in China's fast-growing premium sports and outdoor market.

The competition in the athletic footwear space is heating up, with two key players — NIKE Inc. NKE and Deckers Outdoor Corporation DECK — drawing investor attention. While NIKE leans on its global brand power and deep product portfolio, Deckers is gaining traction with strong growth from brands like HOKA and UGG.

Nike Inc (NYSE:NKE, ETR:NKE) has begun cutting jobs in its technology division, with some roles being outsourced to external vendors. The move, first reported by Bloomberg, is part of a wider restructuring as Nike seeks to revive sales and sharpen its digital operations.

Sportswear retailer Nike is laying off some of its employees in its technology division, a company representative told Reuters on Monday.

In the closing of the recent trading day, Nike (NKE) stood at $62.08, denoting a -1.63% change from the preceding trading day.