December 02, 2022 | 13:20
Prime Minister Pham Minh Chinh received Chief Operating Officer of Nike, Inc., Andy Campion in Hanoi on December 1, speaking highly of the firm’s contributions to Vietnam’s exports and job creation in the recent past.
September 30, 2022 | 16:00
Nike reported lower quarterly profits Thursday on increased logistics spending and a hit from product markdowns, as it pivots in a fast-changing consumer market challenged by inflation.
August 23, 2022 | 10:35
Adidas will get a new CEO "during the course of 2023" as it seeks to emerge from the turbulence of Covid-19 lockdowns and other challenges, the German sportswear giant said on Monday.
November 17, 2021 | 13:23
Rumours that Nike and Adidas would move production out of Vietnam in August and September were rebutted by VITAS as the brands do not own plants in the country.
November 12, 2021 | 14:08
Manufacturers are being proactive in recruiting a new labour force, simultaneously building up plans to take their employees back to work to meet their production schemes.
November 09, 2021 | 08:00
Foreign footwear producers are maintaining their commitment to sourcing products from Vietnam as factories enjoy resumption of production following heavy delays and restrictions.
November 03, 2021 | 12:25
All Nike facilities in Vietnam resumed production, reinstating the company's commitment to the Vietnamese market and its carbon emissions reduction path.
October 06, 2021 | 08:52
Recent rumours spreading on social media on Nike’s moving production out of Vietnam to China and Indonesia are incorrect, stated Phan Thi Thanh Xuan, Vice Chairwoman and General Secretary of the Vietnam Leather and Footwear Association (Lefaso).
July 21, 2021 | 09:02
Nike is running out of "Made in Vietnam" sneakers as COVID-19 forces local suppliers to suspend operations, according to S&P Global Market Intelligence.
September 23, 2020 | 10:42
Nike shares rocketed higher Tuesday after the company reported blowout quarterly earnings on strong digital sales and its CEO cheered the return of pro sports.
September 12, 2020 | 11:57
Neymar has finalized an endorsement deal with Puma, media reports in his native Brazil said Friday, two weeks after the most expensive player in football parted ways with long-time sponsors Nike.
August 31, 2020 | 10:03
Nike has parted ways with Neymar, ending one of its highest-profile sponsorship deals a decade and a half after signing the star striker as a 13-year-old prodigy.
August 13, 2020 | 15:00
The popularisation of fake and smuggled goods being offered in Vietnam has become a sizable concern, with delivery firms and even social media giants like Facebook being accused of aiding the act.
July 07, 2020 | 09:30
Thousands of dismissed labourers at suppliers in Vietnam has exacerbated the floundering performance of major garment and footwear brands across the globe like Adidas, Nike, and Zara.
February 22, 2020 | 16:57
The lack of local supply for garment and textile producers caused by COVID-19 has raised concerns among international fashion brands like UNIQLO, Gap, and Nike.