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Adidas Sports (China) Cio Ltd.

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HS 62 - Apparel and clothing accessories; not knitted or crocheted

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Recent Panjiva Research about Adidas Sports (China) Cio Ltd.

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 →

Under Armour’s inventories surge as COVID-19 hits both demand and supply

May 13, 2020

Under Armour has reported a 23% year over year drop in revenues in Q1, with the apparel retailer’s CEO, Patrik Fisk stating “not only are there meaningful shifts in demand, but we’re also seeing significant swings in supply due to factory closures” due to COVID-19. The firm expects Q2 revenues... Read more →

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