Nike’s 30-year gamble on Vietnam is rattled


Retail backbone: A Nike store in New York City. Over the past 30 years, Nike has funnelled billions of dollars of production into Vietnam. — AFP

NEW YORK: At Nike Inc headquarters in Beaverton, Oregon, executives are trying to figure out how to best spread the pain of new tariffs.

Nike, the factories that produce its goods, the wholesalers that sell the goods and ultimately shoppers will all likely share portions of the cost, according to a person familiar with the matter who asked not to be named discussing private conversations.

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