HomeHome
About usAbout us
PublicationsPublications
Yangtze Business NetworkYangtze Business Network
Business toursBusiness tours
ConferencesConferences
ConferencesConferences
Yangtze KnowledgeYangtze Knowledge
Contact usContact us

 
     
2012
2011
2010
2009
2008

News

Nike to close China plants

1 April 2009
US sportswear giant Nike plans to stop production at three footwear plants in China as part of a global drive to improve supply chain efficiency. The specific locations were not disclosed, although local media reported that one of plants is located in Taicang, Jiangsu province. Nike is the main or sole buyer at all three sites, which fulfil orders to contract.

The company is trying to direct production into fewer factory bases instead of spreading orders over a larger number of plants. In February, Nike said it would cut up to 1,400 jobs, or 4 per cent of its global workforce, to reduce management costs in the deepening recession.
     
Copyright © Yangtze Business Services 2012           Tel: +44 (0)20 8874 3217  info@YangtzeBusinessServices.com


Maznet Web Design Agency