India, May 22 -- Nike will raise prices on select footwear, apparel, and equipment in the U.S. starting June 1, as it responds to rising costs and a challenging retail environment.

While the company did not explicitly cite U.S. tariffs, the move comes as import duties continue to weigh heavily on goods produced in Asia, where the bulk of Nike's manufacturing takes place.

Footwear priced between $100 and $150 will see a $5 increase, while shoes above $150 may rise by as much as $10. Apparel and accessories will also climb by $2 to $10. Key products, including Air Force 1 sneakers, children's items, and Jordan-branded gear, will remain unaffected.

Although Nike described the increases as part of its regular "seasonal planning," the backdro...