Nike Increased Prices Along With Everyone Else and Now Discounts Are Mounting

Nike is planning further price hikes over the next year despite efforts from many retailers—and itself—to use discounts to boost sales and cut inventories of footwear. The sneaker giant expects to increase prices by low single-digit percentages on average to help offset rising costs for everything from labor to logistics, Chief Financial Officer Matt Friend said Thursday. The company also plans to continue increasing the share of products sold through its own channels instead of wholesalers.

tips

mount：山，还有增加的意思

hike：徒步旅行；涨价，提高

inventory：详细目录；存货清单

footwear：鞋类

sneaker：帆布胶底运动鞋

wholesaler：批发商（whole 全部，大批量）