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Kim Kardashian's SKIMS Partnership With Nike Sportswear Receives 'Strong' Response, But Shoemaker Grapples With $1.5 Billion Hit From Trump's Tariffs - Nike (NYSE:NKE)
耐克耐克(US:NKE) Benzinga·2025-10-01 07:45

Nike Inc. (NYSE:NKE) is navigating a period of sharp contrasts, celebrating a new partnership with Kim Kardashian's SKIMS while simultaneously bracing for a massive financial blow from escalating U.S. tariffs.Check out NKE’s stock price here.Trump’s New Tariffs To Cost Nike 1.5BillionDuringitsfirst−quarterfiscal2026earningscallonTuesday,theshoemakerandsportweargiantrevealedthattheestimatedannualcostofthetariffshasballoonedto1.5 BillionDuring its first-quarter fiscal 2026 earnings call on Tuesday, the shoemaker and sportwear giant revealed that the estimated annual cost of the tariffs has ballooned to 1.5 billion, casting a shadow over early signs of progr ...