Nike, Adidas Face Supply Chain Threats
October 11, 2021
The world’s biggest athletic shoe manufacturer — which works with Nike and adidas — is facing massive labor shortages in Vietnam related to the pandemic.
Around 40,000 workers did not return to a Ho Chi Minh City facility owned by Taiwanese company Pou Chen Corp. when it reopened on Wednesday. The facility closed in July due to rising COVID-19 cases.
Nike could lose up to 160 million pairs of shoes due to factory closures in Vietnam, which normally supplies around half its shoes. Front Office Sports