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President Donald Trump said he had a "very productive call" with a top Vietnamese official on lowering duties on US imports ...
Nike, one of the biggest sportswear brands in the world, is already struggling with falling sales. Now, things could get even ...
Over the past few years, the world’s largest sneaker companies have increasingly expanded their sourcing footprint in countries like Vietnam to diversify production outside of China. But with the ...
Having taken the hint from Washington and moved production out of China to Viet Nam, apparel and athletic goods makers are ...
Trump’s statement on his call with To Lam, Communist Party of Vietnam general secretary, helped boost shares in apparel brands Nike, Lululemon, and American Eagle — all of which have large ...
NPR's Ayesha Rascoe asks Patrick Soong, who helps companies find places to make their products, about the effects of U.S.
The world’s largest footwear and apparel companies are facing a shock to their supply chains after President Donald Trump ...
The likes of Nike have spent many decades building up Asian manufacturing hubs to capture low labor costs and government incentives to attract foreign investment. Now that cushy arrangement could ...
But other countries have become huge sources. Companies like Nike increasingly rely on Vietnam and Indonesia, which now face 46% and 32% tariffs. While announcing the “reciprocal” tariff plan ...