Nike earnings jump as strong pricing offsets tariff hit

The sports apparel giant notched a 31.6 percent increase in fiscal second-quarter profits to $1.1 billion.

Gross profit margins rose due to higher pricing in the Converse brand and in direct sales to customers following heavy investment in smartphone applications and other technologies. President Donald Trump last week called off an additional round of tariffs on Chinese goods that had threatened additional Nike products.

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Weather Service issues strong winds, hail warning in KwaZulu-Natal - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The South African Weather Service has issued a warning for thunderstorms accompanied by hail and strong gale force winds in parts of KwaZulu-Natal Eish muntu should collect stones and put them ephaketheni ukuze engeke aphephuke😢 phela sizacile😭😭😭
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