All Trade & Sourcing articles

  • ammie-ngo-vcu-OZBxxRk-unsplash
    Article

    Vietnam becomes more self-sufficient in footwear design and components

    2021-04-12T12:54:00Z

    Lefaso , Vietnam’s Leather, Footwear and Handbags Association, expects its industry to achieve exports of more than $20 billion this year after suffering from a decline last year due to the impact of the Covid-19 pandemic on supply chains, consumption and trade. They could double in three to ...

  • News briefs

    Adidas denies sourcing in Uzbekistan

    2021-04-06T17:07:00Z

    Adidas denies a report coming from Moscow that it is going to get shoes products in Uzbekistan.  

  • Suez Canal 2
    Article

    Suez Canal trade route has re-opened, but…

    2021-03-31T11:10:00Z

    The already strained global supply chain could not be in worse conditions at a time when the economy is gearing up for an expected post-Covid jump in consumer demand, assuming that the current vaccination campaigns and remaining lockdowns will stop the spread of the virus. Adding to the reported harbor ...

  • Article

    Industry and governments react to Myanmar military coup

    2021-03-30T17:00:00Z

    Pou Chen , the Taiwanese group that controls Yue Yuen , announced on March 30 that it has decided to shut down temporarily its production of athletic shoes for Adidas and Nike in Myanmar for safety reasons. The local management and essential staff will remain in place for ...

  • Vietnam shoe factory
    Article

    Supply chain transparency: where are sports shoes made?

    2021-03-23T12:54:00Z

    We outlinte where Nike, Adidas, Puma, Asics, and Skechers shoes are made. As watchdogs urge sportswear companies to publish factory lists, we look at the global distribution of top brands’ suppliers.

  • News briefs

    A factory in Argentina will start making sports shoes again

    2021-02-09T17:12:00Z

    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 ...

  • News briefs

    Speedo to investigate its licensee in India

    2020-09-07T16:58:00Z

    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 , ...

  • Article

    Lanxess sells organic leather chemicals business, launches Adiprene Green

    2020-08-25T05:41:00Z

    The German specialty chemicals company Lanxess is selling its organic leather chemicals business to TFL Ledertechnik . The purchase price is made up from a fixed component of €80 million and a performance-related component of up to €115 million. In addition, TFL will assume certain liabilities associated with the ...

  • itk_news_smart_textile
    Article

    ITK and Bosch Research set up competence center for smart textiles

    2020-08-07T08:01:00Z

    ITK Engineering , a German technology company operating internationally with customers mainly in the automotive and aerospace industries and a 100-percent subsidiary of the Robert Bosch GmbH since 2017 , joined forces with Bosch Research to set up the Smart Textile Competence Center in the German ...

  • China Corona
    Article

    No Ispo Beijing and supply chain bottlenecks due to coronavirus

    2020-02-10T19:28:00Z

    The new Chinese pandemic – declared a global health emergency by the World Health Organization on Jan. 30 – is starting to put the brakes on the Chinese economy’s robust growth in terms of consumption, production and international trade in the sporting goods sector and others, with major consequences for ...

  • Article

    The FTA between the EU and Vietnam makes progress

    2020-01-25T15:48:00Z

    The Committee on International Trade of the European Parliament has approved the free trade agreement signed last June by the European Commission with the government of Vietnam, paving the way for its endorsement by the full Parliament in February, ahead of its ratification by the European Council. It calls for ...

  • Article

    A truce between the U.S. and China

    2020-01-25T14:49:00Z

    The governments of the U.S. and China have signed a “phase one” trade deal that was confirmed in December after a year and a half of back-and-forth tariff impositions. The deal covers intellectual property rights, which China has been known to circumvent in a variety of ways, and ensures that ...

  • News briefs

    A Chinese manufacturer of athletic footwear, Kingmaker, reported a drop...

    2019-12-24T00:00:00Z

    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 ...

  • News briefs

    Swiss import duties on various consumer goods could be abolished...

    2019-12-24T00:00:00Z

    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 ...

  • trade_unsplash
    Article

    The AAFA appeals to Trump on tariffs

    2019-12-24T00:00:00Z

    While acknowledging problems in the trade relations between the U.S. and China, the American Apparel Footwear Association (AAFA) stands opposed to the Trump administration’s policy of imposing high tariffs on imports of footwear and other products from China.

  • THULE-Logo-black-sticker-square
    Article

    China tariffs affect Thule

    2019-11-28T00:00:00Z

    The additional 15 percent duties imposed by the U.S. in July on a variety of products coming from China have led several U.S. retailers to reduce their inventories and to some extent resulted in higher prices that have impacted consumer spending, said the Thule Group to explain a 2.0 ...

  • adidaslogo_299794_crop
    Article

    Adidas moves Speedfactory technology to Asia

    2019-11-28T00:00:00Z

    By the end of this year, Adidas will be transferring the robotic Speedfactory technology that it has developed in cooperation with Oechsler to two of its Asian footwear suppliers to help increase the flexibility of the design and production process. With production times substantially cut there, Adidas says it will ...

  • News briefs

    Clarus Corp., the parent company of Black Diamond and other...

    2019-11-08T00:00:00Z

    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 ...

  • Article

    Tariffs weigh on Johnson Outdoors’ profits

    2019-08-13T00:00:00Z

    Johnson Outdoors' earnings for its third fiscal quarter, ended on June 28, were hampered by the first round of new tariffs that were imposed by the U.S. on China last September amid the ongoing trade war between the two countries. The company's net income declined by 7.1 percent from the ...

  • Article

    Détente on the international trade front

    2019-07-10T00:00:00Z

    Three moves on the international trade front that have taken place in the last few days have given the sporting goods industry and the world economy positive signals in the direction of free trade. While the U.S. decided not to go ahead with a new set of punitive tariffs on ...