News briefs – Page 5
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News briefs
Adidas denies sourcing in Uzbekistan
Adidas denies a report coming from Moscow that it is going to get shoes products in Uzbekistan.
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News briefs
A factory in Argentina will start making sports shoes again
An Argentinian manufactrurer of sports shoes, Bicontinentar Footwear Technologies, will be re-starting an old factory in Chivilcoy, a city in the province of Buenos Aires. Its production first began in 2006 under the ownership of a Brazilian company, Paquetá, which manufactured shoes for Adidas. Argentina’s footwear production began to decline ...
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News briefs
Speedo to investigate its licensee in India
Speedo International is reportedly launching an investigation into a factory in India that manufactures products under its own brand name, because another Indian factory owned by the same licensee is suspected of labor abuses. The factory is operated by Speedo’s licensee for India and Sri Lanka, Page Industries, which distributes ...
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News briefs
A Chinese manufacturer of athletic footwear, Kingmaker, reported a drop...
A Chinese manufacturer of athletic footwear, Kingmaker, reported a drop in its gross margin of 4.7 percentage points to just 6.9 percent for its first fiscal half ended on Sept. 30 because of smaller orders and their relocation to Vietnamese or Cambodian factories not affected by the U.S. tariffs on ...
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News briefs
Swiss import duties on various consumer goods could be abolished...
Swiss import duties on various consumer goods could be abolished in the future. If Parliament gives its approval, the plan will come into force in 2022. The abolition of tariffs on a number of industrial products, including bicycles, clothing and health products as well as some raw materials and semi-finished ...
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News briefs
Clarus Corp., the parent company of Black Diamond and other...
Clarus Corp., the parent company of Black Diamond and other brands, had mixed results in the third quarter, with net income dropping by 14.3 percent to $3.5 million on 8.0 percent higher sales of $60.2 million. The gross margin was down by 1.6 percentage points to 34.1 percent, due to ...
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News briefs
The new free trade agreement between the European Union and...
The new free trade agreement between the European Union and Japan became effective on Feb. 1, and it will have a significant impact on European shoe exports. The Economic Partnership Agreement, also referred to as Jefta, immediately eliminates over 90 percent of tariff duties on European exports, gradually increasing the ...
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News briefs
E-bikes imported into the European Union (EU) from China will...
E-bikes imported into the European Union (EU) from China will be subject to tariffs varying between 18.8 and 79.3 percent, according to a filing in the EU's official journal. The measure is meant to curb the imports of cheap e-bikes from China, which may threaten the sales of pricier e-bikes ...
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News briefs
Tension is mounting in the textile and apparel industries of...
Tension is mounting in the textile and apparel industries of Bangladesh and India as workers are asking for higher wages. After five days of clashes between factory workers and the police, garment manufacturers in Bangladesh decided to shut down 300 factories in the town of Ashulia on June 16. They ...
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News briefs
Representatives of Adidas, Nike and Puma have signed a protocol...
Representatives of Adidas, Nike and Puma have signed a protocol with representatives of Indonesian factory workers, their unions and various institutions, including the World Federation of the Sporting Goods Industry, to support and promote the adoption of practices that will strengthen the application of Freedom of Association guidelines in Indonesian ...
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