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via Imago

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The stir was caused back in April, when tariffs were imposed. Several predictions and assumptions of a price hike by sportswear and apparel brands followed it. As news breaks of this happening soon, fans aren’t fond of it. Earlier, Adidas had warned about the price hike of popular shoes in the US. Amidst the chaos with the recent update on Nike, Reebok is set to take a massive step featuring Philadelphia 76ers player Allen Iverson’s shoe line-up

Whether all the rumors are true or not, there has been an uproar among the brands. A new report on Nike states that the company will likely raise the price of some of its products. However, the brand hasn’t mentioned the tariffs as the reason. Footwear and apparel brand Reebok might also be facing the same issues. With brands reportedly facing several troubles, Reebok has gone ahead with the biggest release of this year.

The brand is all set to launch its newest collaboration with a former AEW World Champion. Inspired by Allen Iverson and collaborating with the Answer 3 series, Swerve Strickland teased the release of a new line, Reebok Answer 3 Swerve. The limited edition will be launched on May 28.

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Priced at $160, the presale ordering for the shoes is already made available. “Pure AI magic on the court! Shake defenders, break ankles, and dominate the game with the Reebok Answer 3 Swerve…Lace up the Reebok Answer 3 Swerve and step into Iverson’s legacy—where style meets history, and the game never stops,” the official sneakers description read.

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It seems that the footwear and apparel brands are finally making a move amidst troubling times. Earlier, Nike had revealed in an SEC filing that nearly half of its shoes are produced in Vietnam. The Trump administration imposed a 46% tariff on footwear imported from the country. Nike too has made the move.

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What’s your perspective on:

Will Reebok's Allen Iverson line-up outshine Nike's price hike strategy in the battle for sneaker supremacy?

Have an interesting take?

What is Nike’ solution amidst the rumors of the price hike?

In a recent Complex article, it was reported that Nike is planning to increase its prices. Retailers have been informed about the change, and customers will see the price hike starting next month. Citing “expected inflation” and “economic conditions” as the reasons, the price increase is expected to range from $2 to $10. Speaking of the hike, Nike said, “We regularly evaluate our business and make pricing adjustments as part of our seasonal planning.”

However, the company appears to have a plan to ease the burden for its customers. Sneaker enthusiasts and fans have long argued about the existing high prices of Nike and Jordan brand products. The new update might offer some relief

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The company reportedly plans to keep prices unchanged for Jordan Brand apparel and accessories, kids’ footwear and clothing, and any footwear priced under $100. This is to ensure that these products remain affordable for the customers.

Interestingly, one of the hottest-selling models, the Nike Air Force 1, priced at $115, will also remain unaffected. Nevertheless, the overall hike might still have an impact, even if only slightly. What’s your take on this? 

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Will Reebok's Allen Iverson line-up outshine Nike's price hike strategy in the battle for sneaker supremacy?

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