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Nike, Inc. has been accused of using sweatshops and worker abuse to produce footwear and apparel in East Asia. After rising prices and the increasing cost of labor in Korean and Taiwanese factories, Nike began contracting in countries elsewhere in Asia, which includes parts of India, Pakistan, and Indonesia.
A supplier to major global brands including Nike, Gap, Lululemon Athletica, and Under Armour, operates fabric production facilities in Taiwan and Vietnam, alongside garment manufacturing plants in Vietnam, Cambodia, Lesotho, and Indonesia. [5] [6] In 2001, it was listed in the Taiwan Stock Exchange. [7]
The shift to manufacturing primarily in Asia was largely driven by major brands looking to reduce their manufacturing costs. For instance, Nike moved its manufacturing to China in the early 1980s.
In 2004 when Nike formed a strategic partnership with MAS Holdings. [11] In 2007 and 2008, MAS holdings opened Fabric Parks in Sri Lanka and India. In 2008, MAS Holdings unveiled Thurulie, touted as the world’s first carbon neutral, eco-manufacturing apparel plant. [12]
Nike posted first-quarter earnings results that were stifled by lingering supply chain issues stemming from manufacturing delays due to factory shutdowns in facilities in Asia.
In fact, in 2020 it closed a 25-year-old plant in China and announced a $90 million outlay for manufacturing in Fort Worth, Texas, but the vast majority of its manufacturing continues to be ...
Nike, Inc. [note 1] (stylized as NIKE) is an American athletic footwear and apparel corporation headquartered near Beaverton, Oregon, United States. [6] It is the world's largest supplier of athletic shoes and apparel and a major manufacturer of sports equipment, with revenue in excess of US$46 billion in its fiscal year 2022.
MHR Fund Management is looking to create a shipping container and chassis manufacturing plant on Winchester Road. $112.5 million manufacturing facility proposed for old Nike warehouse in Memphis ...