Nike, Adidas and Puma put historic differences aside to target tariffs and inactivity crisis

cityam09-29 12:00

The WFSGI includes manufacturers as well as retailers and distributors The sporting goods industry is no stranger to bitter rivalries, from the family split that spawned Adidas and Puma to the former’...

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historic differences aside to target tariffs and inactivity crisis\n</h2>\n\n<h4 class=\"meta\">\n\n\n2026-09-29 12:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cityam.com/nike-adidas-and-puma-put-historic-differences-aside-to-target-tariffs-and-inactivity-crisis/><strong>cityam</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The WFSGI includes manufacturers as well as retailers and distributors The sporting goods industry is no stranger to bitter rivalries, from the family split that spawned Adidas and Puma to the former’...</p>\n\n<a href=\"https://www.cityam.com/nike-adidas-and-puma-put-historic-differences-aside-to-target-tariffs-and-inactivity-crisis/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SPXN","symbol_name":"Proshares S&P 500 EX-Financials 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industry, which includes retailers and distributors as well as manufacturers, generates a global GDP of $675bn, equivalent to that of Sweden.In addition, it supports 28m jobs across the world and generates $120bn in direct tax revenues – a figure that almost doubles when taxes across supply chains and workforce spending are factored in too.\n\n\n\n\n\n\nNews Updates\nStay ahead with our three daily briefings delivering all the key market moves, top business and political stories, and incisive analysis straight to your inbox.\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nIts aim is to make the argument that this huge industry is subject to onerous tariffs and taxes that accumulate along the value chain which, if eased, could deliver greater value by facilitating more exercise and creating concomitant societal benefits. \n\n“Unlike many consumer industries of comparable scale, the sporting goods industry generates a public health dividend,” the report says. “Its products are the enabling 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