Nike's results also boosted the performance of European sportswear brands on Friday such as Puma, up 4.5%, and Adidas, up 3%.

Key vendors like Nike and Adidas are reducing their dependence on wholesale distributors by investing in their own e-commerce stores. This could hit Topsports' sales. Having no intellectual property ...

Nike plans to reduce China-made shoe imports to the US as tariffs rise; firm bets on running category rebound and price hikes to offset projected $1 billion cost from Trump's trade policies ...

Nike expects to take a $1 billion hit to its operating costs this year due to tariffs imposed by President Donald Trump on ...