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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.
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.
But as wages have increased in China, Nike has shifted more production to Vietnam and other Asian countries. In 2019, the company said it would spend $184 million to expand its third U.S. “Air ...
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.
Shenzhou International Group Holdings Limited is a Chinese clothing manufacturer. [1] [2] With over 97,000 employees, it produces more than 250,000 metric tons of fabric and 550 million garments annually.
Nike Inc.’s continued outperformance in some regions is helping the athletic apparel and accessories giant win the activewear games. The Beaverton, Ore.-based firm, which includes the Jordan and ...