Nike shoes be popping up in the King of Prussia Mall, and folks around the world are getting all antsy about the hit that trade and growth might take thanks to U.S. President Donald Trump’s decision to slap import tariffs on a bunch of countries. This all went down in King of Prussia, Pennsylvania, U.S., on April 3, 2025. Rachel Wisniewski from Reuters was on the scene to catch all the action.
So, word on the street is that Nike is planning to jack up prices on a bunch of their gear real soon. Like, as early as this week. CNBC got the inside scoop on this whole situation. Prices for Nike adult apparel and equipment are gonna go up by anywhere from $2 to $10. And if you’re eyeing a pair of kicks that cost between $100 and $150, be prepared for a $5 increase. But hold up, if you’re splurging on some sneakers that go for over $150, you might see a $10 jump in price, my friends. These price hikes are set to kick in by June 1, but you might spot them on the shelves even sooner than that. The plan is to raise prices on a big chunk of Nike’s stuff, but don’t worry, some products will stay at the same price.
But hey, don’t fret too much because the prices for children’s items and anything under $100 will stay put. Nike wants to be mindful of the financial struggles families are dealing with and doesn’t want to hit parents with higher prices when they’re shopping for their kiddos during back-to-school season. Oh, and get this – the Air Force 1 shoe is gonna stay at $115. The insider spilled the beans, saying, “It’s a shoe that people in the workplace wear. It’s comfortable, accessible.” Now, when it comes to Jordan brand apparel and accessories, they’re in the clear from price hikes. But if you’re eyeing those Jordan sneakers, well, you might see a bump in the price tag. Nike made sure to mention that they often review their business and make pricing tweaks as part of their seasonal planning. No word on whether these changes are all about those tariffs, though.