Adidas and Puma are likely to hike prices for running shoes and sportswear in the United States, following Nike's lead, analysts and investors said on Thursday, as U.S. tariffs on imports drive costs up for retailers.

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."