All Trade & Sourcing articles

  • Article

    Extended Covid Restrictions in Vietnam are hitting companies hard

    2021-09-14T16:56:00Z

    Nike and other companies are expected to suffer considerable damage from a decision by Vietnamese authorities to extend their strict Covid-19 restrictions in the Ho Chi Minh City region until the end of the month. They were originally scheduled to be lifted on Sept. 15, but the measures taken so ...

  • News briefs

    Callaway and acquired brands perform better than expected

    2021-09-08T14:28:00Z

    Callaway Golf Company has upgraded its guidance for the third quarter and the full financial year after mitigating some supply issues and registering higher-than-expected results at TravisMatthews, Jack Wolfskin and Topgolf in July and August. The group said it has successfully shifted some production out of Vietnam to avoid Covid-related ...

  • News briefs

    Vietnamese manufacturers react to the spreading virus

    2021-08-19T16:53:00Z

    More than 1,000 companies operating in various sectors in the Ho Chi Minh City (HCMC) region have managed to keep most of their workers on site, accommodating them in their factories or transporting them from hotels and other lodgings, to help avoid a shutdown of their operations due to the ...

  • michael-up_c1IQN33Q-unsplash
    Article

    Early end to industry lockdown in Bangladesh, new concerns over floods and China

    2021-08-04T16:08:00Z

    We have started to hear reports of “panic buying” by various apparel companies that are sourcing finished products and materials such as elastane from Chinese suppliers as the new delta variant of the Covid-19 epidemic has started to cause some localized factory shutdowns in Beijing and at least four other ...

  • News briefs

    Assosport expects Tokyo 2020 to boost Italy-Japan trade, despite the pandemic

    2021-07-29T10:23:00Z

    Assosport , the Italian sporting goods industry association, has emphasized the importance of the Games for the industry, despite the restrictions due to the Covid-19 pandemic, notably the absence of spectators at the events. The Olympics nevertheless provide a special showcase for companies to present their products to the rest ...

  • Article

    Bangladesh imposes a two-week lockdown

    2021-07-21T16:14:00Z

    The Delta variant of Covid-19 has led the government of Bangladesh to impose a nationwide lockdown on the country’s textile and apparel industry, which is the world’s second-largest exporter of these products after China, starting on July 23. It will come on the heels of the Muslim Eid al-Adha holidays, ...

  • Ho Chi Minh City - Tron Le - Unsplash
    Article

    Covid outbreak closes major factories in Vietnam

    2021-07-15T17:09:00Z

    A sudden and violent outbreak of the Covid-19 epidemic in Ho Chi Minh City (HCMC) and its environs is expected to delay shipments of sports shoes and apparel and may result in a loss orders for local manufacturers, according to the local NV Express , which cited the shutdown of ...

  • News briefs

    Chinese port congestion won't be cleared until the end of June

    2021-06-22T10:20:00Z

    A backlog at Yantian, China’s largest container terminal, will take several weeks to clear, according to Maersk . The world’s largest shipping company told the news agency AFP that it had been informed by the port’s authorities that activity will return to normal by the end of June. The ...

  • 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

    Insights on where sport shoes are made in 2021

    2021-03-23T12:54:00Z

    We outline 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 ...