Sneaker giant Nike is expected to raise prices and return to selling on Amazon after a more than five-year break.

Nike will raise prices on a wide range of footwear, apparel and equipment as soon as this week as the retail industry braces for tariffs to hit its profits, CNBC has learned.

Starting in June, Nike is planning to increases prices on some of its sneakers and apparel, a growing trend among fitness clothing makers. While Nike isn't o