
Nike warns of $1bn hit from China tariff effect as Q4 profits sink 86%
Nike has reported a downturn in sales and profits for the fiscal year ending 31 May 2025, as it projects $1bn hit from US tariffs and expects “headwinds to moderate”.

Nike has reported a downturn in sales and profits for the fiscal year ending 31 May 2025, as it projects $1bn hit from US tariffs and expects “headwinds to moderate”.