Footwear priced between $100 and $150 will see increases of up to $5, while items priced at $150 or higher will see increases of up to $10. Nike will also increase apparel and equipment prices by $2 to $10.

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

"We regularly evaluate our business and make pricing adjustments as part of our seasonal planning," Nike said.