How much Nike, Adidas and Puma source from Asian countries including Vietnam
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Apr 03 2025
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Source: MarketWatch
Impact of Tariffs on Apparel Makers: Apparel manufacturers that rely on Asian sourcing experienced significant stock declines due to President Trump's new tariffs, with Adidas shares dropping 11%, Puma down 9%, and Nike falling 9% in premarket trading.
Market Reaction: The announcement of the tariffs led to a sharp negative reaction in the stock market for major athletic brands, indicating investor concern over the financial implications of increased costs.
Analyst Views on DJIA
Wall Street analysts forecast DJIA stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DJIA is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 22.210
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Current: 22.210
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
