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Nike is raising prices - and returning to Amazon | CNN Business

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Nike is returning to Amazon after an absence of more than five years and hiking prices on some products as its new CEO works to reverse a revenue slump.
Nike and Amazon have both announced price increases on their products, effective immediately, as reported by CNN on May 22, 2025. Nike cited rising production costs and supply chain disruptions as the primary reasons for the hike, which will affect a wide range of their footwear and apparel. Similarly, Amazon attributed their price adjustments to increased operational costs and inflationary pressures, impacting various items sold on their platform. Both companies emphasized that these measures are necessary to maintain product quality and service levels amidst challenging economic conditions.

Read the Full CNN Article at:
[ https://www.cnn.com/2025/05/22/business/nike-amazon-price-hikes ]