From Sunday, 1 June, most Nike shoes that cost more than $100 (£74.50) will see prices rise by as much as $10. Prices of clothing and equipment will also be raised by between $2 to $10. Commenting on the price rises, Nike said: "We regularly evaluate our business and make pricing adjustments as part of our seasonal planning."

Nike will increase prices on adult apparel and equipment by between $2 and $10. Items currently priced between $100 and $150 will see a $5 price hike, while shoes costing over $150 will go up by as much as $10.