Inflation pressures bubbling away.
CNBC report that Nike is raising prices as soon as this week:
- on a wide range of products
- both on apparel and equipment
CNBC cite an unnamed source:
- prices for Nike apparel and equipment for adults will increase between $2 and $10
- footwear priced between $100 and $150 will see a hike of $5
- sneakers priced above $150 will see a $10 increase
- price hikes will be in effect by June 1, but could be seen on shelves as soon as this week
- prices of children’s products will not increase, nor will items priced under $100
- Nike’s Air Force 1 shoe will remain $115
Probably an old pic?
This article was written by Eamonn Sheridan at www.forexlive.com.
