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As COVID-19 continues to rapidly spread throughout the world, two Vietnam-based suppliers for Nike have been forced to close amid an outbreak in the region.
HANOI (Reuters) -Taiwan's Pou Chen Corp, which makes footwear for companies such as Nike and Adidas, suspended operations at its plant in Ho Chi Minh City on Wednesday as COVID-19 curbs hit ...
The company works closely with NIKE, UNIQLO, adidas, PUMA, lululemon, and many others. [1] [3] In response to global apparel demand, it established production bases in Phnom Penh, Cambodia; Ningbo and Anqing, China; and Ho Chi Minh City and Tây Nihn, Vietnam. [1] [4]
From fiscal 2020 to 2024, Nike Direct's revenue rose at a CAGR of 15% as its wholesale revenue only increased at a CAGR of 5%. Nike generated 42% of its sales from Nike Direct in fiscal 2024 ...
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.
Anta Sports Products Limited is a Chinese sports equipment multinational corporation headquartered in Jinjiang, China. [2] [3] It is the world's largest sports equipment company by revenue and third-largest manufacturer of sporting goods overall, behind Nike and Adidas ahead of Li-Ning.
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.
Though Vietnam is a relative newcomer to the oil industry, it is currently the third-largest oil producer in Southeast Asia, with a total 2011 output of 318,000 barrels per day (50,600 m 3 /d). [1] In 2010, Vietnam was ranked as the 8th largest crude petroleum producers in the Asia and Pacific region. [ 2 ]
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