To counterbalance the event on duty leeways, Nike articulated it bears to bring up prices across a broad cast of footgear and enclothe intersections, tho' them did not offer much in the way of specifics.
Chief Financial Officer Don Blair said Nike had previously taken a more “surgical” approach to price increases, but that will broaden to a wider range of products.
Factory capacity: Blair said many of the company’s suppliers have worked to overcome shortages in production capacity.
Several have added new footwear and apparel lines over the past nine months and are committed to more.
Nike Brand President Charlie Denson said some of that growth will be through the addition of factories converting over from other brands.
CEO Mark Parker said other capacity increases are coming from existing factories adding production lines to meet demand for the most in-demand products, jordan retros shoes such as Lunarglide and Nike Free running footwear.
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