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 $10footwear priced between $100 and $150 will see a hike of $5sneakers priced above $150 will see a $10 increaseprice hikes will be in effect by June 1, but could be seen on shelves as soon as this weekprices of children’s products will not increase, nor will items priced under $100Nike’s Air Force 1 shoe will remain $115
Probably an old pic?
This article was written by Eamonn Sheridan at www.forexlive.com.