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Article Date: March 2011
Word Count: 604

Nike Will Take Across-the-Board Price Hikes in 2012


The Eager Beavertons’ global machine continues to chug forward in the face of uneven global markets and a rising tide of input costs that will force the E.B.s to take across-the-board price hikes on nearly all products for Spring/Summer 2012 delivery. Higher labor, freight and materials costs will continue to affect higher profitability at the company in the near term, management said, charging they will be mitigated through supply chain management and price hikes. That said, the Swoosh continues to promise that it will double its China business by 2015 and to see more return from its U.S. apparel business ... Log in to view full article.

 


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