The global sportswear industry has long been dominated by two companies: Nike and Adidas. Last year they accounted for 35% ...
For Seema Simmons, Nike's vice-president of Global Women's Running & Fitness, a recent night out with the Shanghai Night Run ...
Chinese brands like Anta and Li-Ning are taking Nike’s share of the market. The post Nike and Adidas Are Losing Sportswear ...
The prospect of higher tariffs under President-elect Trump spurred the company to accelerate its plan to shift where its ...
Nov 7 (Reuters) - A manufacturer of Philips, Sharp and Sony televisions listed in China has halted work at its Russian factory near St Petersburg due to payment problems with foreign suppliers for ...
Those results came on the heels of Nike's, which had lowered its full-year guidance over the summer, blaming China's unstable economy. The sneaker giant cited "softness" in the country ...
The footwear- and accessory-maker says it already has a plan in place to reduce its reliance on imports from China.
China gave indebted local governments a 10 trillion yuan ($1.4 trillion) lifeline but stopped short of unleashing new stimulus, preserving room to respond to a potential trade war when Donald ...
Shoemaker Steve Madden says it plans to import fewer goods made in China to the U.S., and replace ... hard over a multiyear period to develop our factory base and our sourcing capability in ...
Steven Madden said Thursday that it is accelerating plans to shift production out of China in anticipation of President-elect ...
China is bracing for what could be a volatile and highly unpredictable path ahead in its escalating great power rivalry with the United States, after Donald Trump made a historic political ...