FAMAGUSTA GAZETTE – Nike will increase prices on select footwear, apparel and sports equipment starting this week, CNBC reports.
The price changes will take effect by June 1, though some adjustments may appear in stores sooner.
Children’s products and items under $100 will remain unchanged, CNBC noted.
Nike said in a statement that pricing adjustments are part of its seasonal planning and did not cite tariffs as a reason for the increases.