tiprankstipranks
Advertisement
Advertisement

Nike to raise prices on footwear and apparel this week, CNBC says

Nike (NKE) will raise its prices on adult footwear, apparel, and equipment as soon as this week, CNBC’s Gabrielle Fonrouge reports, citing a person familiar with the matter. The prices of children’s products will not increase, nor will items priced under $100, according to the person. Footwear priced between $100 and $150 will see a hike of $5, while sneakers priced above $150 will see a $10 increase, the report indicates.

Claim 55% Off TipRanks

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1