Reported about 10 hours ago
The retail sector had a positive outlook following a successful 2024 holiday season, supported by low unemployment and paused rate hikes from the Federal Reserve. However, the reignited trade war under President Trump, particularly the implementation of tariffs on China, poses risks to retail supply chains and profit margins. Analysts discuss which retailers might be most affected and whether investors should reconsider their positions, highlighting Nike's efforts under new leadership to enhance their competitiveness.
Source: YAHOO