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Vietnam

Nike Feels Heat From Vietnam Closures, But Assures Reopening On Track

The footwear giant said it canceled production of roughly 130 million units due to the Covid-related factory…

This Asian Nation Shipping More Shoes to US

U.S. footwear imports increased 30 percent to 1.65 billion pairs for the year to date through October…

Lululemon Execs Talk Air Freight, Price Hikes and Inventory Gaps

Lululemon saw third-quarter sales jump 30 percent to $1.45 billion on net income of $187.8 million.

US Apparel Imports Cooling Off?

China's apparel shipments rose 14.1 percent in October to 1.17 billion SME, lagging a 25.2 percent increase…

‘We Like Our Inventory Position,’ Hibbett CEO Says as Analyst Voices Vietnam Concern

Though BofA Securities cited Vietnam-related headwinds when it downgraded Hibbett Thursday, the company…

Upholstery Fabric Sales Dip Clips Culp’s Q2

Shutdowns in Vietnam and supply chain issues hit home textiles producer Culp this quarter.

Allbirds Losses Mount in Brick-and-Mortar Expansion

Co-founder and co-CEO Joey Zwillinger said the newly public, digital-first company sees "white space for…

Here’s One Way Vietnam Can Ease Labor Shortage Woes

Amid Vietnam's ongoing struggles with a labor shortage, Better Work Vietnam has some suggestions for hanging…

Nike, Puma, Under Armour ‘Too Optimistic’ About Vietnam Comeback?

Analysts with BofA Securities believe sportswear companies need to rein in their expectations for Vietnam's…

On Running Plans Major Price Hikes After Record Q3 Sales

Co-CEO Martin Hoffmann said some product will be limited through the first half, with supply shortages…

US Footwear Imports Match Strong Consumer Demand

U..S footwear imports rose 29.9 percent to 1.65 billion pairs for the first nine months of 2021 compared to…

Wolverine Reports $60M Revenue Hit From Supply Chain Disruptions

The owner of Merrell, Sperry and Sweaty Beatty has downgraded its forecasted adjusted earnings per share.

US Apparel Imports: China’s September Shipments Jump 25%

Meanwhile, apparel imports from Vietnam fell 4.6 percent in September compared to a year earlier to 345.11…

Nike’s Expansion Plans: Vietnam, Dick’s and the Metaverse

Nike is accepting applications for positions the company says will "play a key role" in "ushering us into the…

Under Armour Focuses on Logistics Woes as Vietnam Factories Return

The company is expecting to see a revenue impact in the first half of next year as a result of canceled…