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"Nike will be best placed to pass [price increases] – or more interestingly, they will be best placed to weather storm, Sa Siegel. "And maybe what it does is damage the competition and clear the tires."
If so, the storm can be serious for clothing and footwear manufacturers as well as retailers in the United States. "Across the board [increased tariffs] will hurt the entire sector if it is sustainable and painful is a very nice adjective – cataclysmic, catastrophic – choose big words," Siegel said.
He pointed out some of Nike's premium, flagship products as a source of company strength, and a
"They can drop a LeBron shoe that will be $ 350. It's not going to be $ 35 billion in revenue, but because of the premium shoe, "They can sell $ 60 shoes to many people. That $ 60 shoes will be $ 75, people will still feel like they are LeBron," he said.  Other analysts pointed to Nike's leading position in the global market. covering European shoe companies said that while Adidas is still the leader in China, this leadership must now "narrow down."
Globally, the gap between Nike and Adidas performance is strongly given the recent lack of branding for adidas, "analysts led by szilvia live. wrote in response to Nike's revenue.
Nike shares rose a quarter of percent after its earnings report. Stocks have achieved 13% this year, compared to 16% for S&P 500.
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