Adidas runs past pandemic challenges after tariff training March 12, 2021 Adidas reported Q4’20 revenues which dipped 5.0% lower year over year, driven by the pandemic and leading the firm to implement operational improvements as an offset. U.S. seaborne imports linked to the firm inched 3.0% higher in January and February 2021 after a 9.9% rise in Q4’20. The pandem... Read more →
Adidas continues Cambodia purchasing growth; manufacturers call for wage cut June 24, 2020 Cambodia’s Garment Manufacturing Association has asked the government to suspend the country’s minimum wage as companies struggle to deal with falling demand. While the apparel industry has done poorly recently, shipments from Cambodia to the U.S. have not suffered as much as others from the C... Read more →
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